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Stock impact report

Supply Chain Risks Grow as Demand for EV Battery Materials Intensifies, Say Analysts

FREYR Battery, Inc. (FREY) 
Company Research Source: PR Newswire
Issued on behalf of Battery X Metals Inc.USA News Group News CommentaryVANCOUVER, BC, Oct. 30, 2024 /PRNewswire/ -- The Battery Advocacy for Technology Transformation Coalition, a new group of battery material producers, is pressing U.S. lawmakers to revise the 2022 climate law, aiming to close loopholes that foreign entities of concern could exploit. This call comes amid broader concerns from the International Energy Agency (IEA), which warns that falling mineral prices may disguise risks of future scarcity in essential battery materials like lithium, copper, cobalt, nickel, and graphite. With the electric vehicle (EV) market accelerating globally, analysts at Fastmarkets highlight challenges in securing these critical resources, as supply chain vulnerabilities—including material shortages, geopolitical tensions, and regulatory shifts—pose significant risks. Meanwhile, innovators in battery manufacturing and recycling as well as mining companies and automakers are advancing efforts t Show less Read more
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