Batteries
LFP cells cost USD 36/kWh in China. Nissan needs USD 65/kWh to break even on solid-state. That gap is the investment thesis, compressed to one number.
Rare Earth
China controls 94% of NdFeB production. A Virginia-class submarine contains 9,000 pounds of rare earths. Carbon nanotubes are one answer being tested.
Deepsea
France calls it environmental piracy. The ISA calls it a violation of international law. The US calls it a permit. Welcome to seabed geopolitics.
Batteries
Li-Cycle burned through $1 billion and went bankrupt. Glencore bought the wreckage for $40 million. The urban mining goldmine isn't what it seems.
Industry
A technical guide to EV battery recycling companies, covering black mass, hydro/pyro routes, compliance, economics, and recovery limits.
Minerals
Critical metal powering semiconductors, EVs, and defense; tantalum faces DRC supply risk and rising demand from AI and electrification.
Minerals
Tanbreez holds critical heavy rare earths. See its size, extraction challenges, and why it matters for EVs, defense, and supply chains.