Beyond Batteries: What’s Really Driving the Energy Transition?

By ZeroHedge

The world is becoming increasingly electric and connected, transitioning towards a future powered by batteries and running on electronics that will require an ever-growing supply of critical minerals and materials. From the Ford F-150 Lightning to the F-35 fighter jet, these minerals and materials already power our most advanced technologies and nearly every facet of our everyday lives.

In the race to transition from a fossil-based to a minerals-based economy, the Biden Administration has been focused on semiconductors and battery materials. The passage of the Inflation Reduction Act, Infrastructure Act and CHIPS Act is providing an unprecedented influx of government funding to spur domestic manufacturing. This is especially true for dual-use minerals and materials needed for the green energy transition and defense applications.