Why are batteries important?

Batteries are crucial for the production of climate technologies like EVs and energy storage systems | Credit: Schneider Electric The proposed export ban comes at a critical moment in the global energy transition.

Could China enforce a selective restriction on supply of battery minerals?

We have argued that there is little prospect that China could enforce a selective restriction on supplies of battery minerals to the United States. Accordingly, the focus should be less on physical availability of mineral quantities, and more on critical mineral pricing.

Are LFP & Lmfp battery technologies limiting global access?

In recent years, LFP and LMFP battery technologies have become increasingly important in the global battery market. Together, they currently power nearly 50% of the world's electric vehicles. By restricting global access to technologies like these, China appears to be safeguarding its position as market leader.

How can China prevent export price discrimination in battery mineral markets?

The ultimate remedy for the risk of export price discrimination by China in battery mineral markets is increased competition from non-Chinese sources of mineral processing (along with reduced mineral demands from technical innovation). This will take time.

Is the battery ban all doom and gloom?

According to industry experts, it is not all doom and gloom: the ban presents both challenges and potential opportunities for Western battery manufacturers. Behnam Hormozi, CEO of Integrals Power, is an advocate for increased production of non-Chinese LFP and LMFP cathode manufacturing technologies.

Why is Canada launching a new battery technology strategy?

According to John Passalacqua, CEO of Canadian battery metals company First Phosphate Corp, this new strategy is the result of simmering tensions between China, the US and Europe over a different kind of technology. "The first shot was fired by defence contractors and computer chip makers," he says.