Lithium batteries (image courtesy Unsplash)
(TRUTH BASED MEDIA) – China’s control over the global lithium supply chain presents elevated risks to downstream U.S. companies as Chinese companies continue to expand their footprints in overseas lithium mines.
“We love our suppliers, and we have a very strong relationship, but we are very dependant on the supplies coming from China. … We think there are risks in terms of the stability of the supply, given everything happens geopolitically,” Tim Karimov, president of U.S. lithium battery manufacturer OneCharge, said in a presentation at the MODEX 22 seminar.
MODEX is the largest manufacturing and supply chain expo held in North America and South America. MODEX 22 was held on March 28-31 at Atlanta’s Georgia World Congress Center.
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