Key players in battery production, particularly automakers, from North America to Europe are becoming increasingly concerned about future shortages of key materials needed for electric vehicle batteries as production soars, according to an Australian supplier.
Clean TeQ Holdings, the developer of the Sunrise nickel-cobalt-scandium project in Australia, says more than a dozen parties have now expressed interest in taking up as much as a 50 percent stake in the project, CEO Sam Riggall said Monday in an interview. They include companies in regions that until recently had shown less impetus to tie up raw material supplies.
“It’s dawning on North America and Europe that there’s a raw materials issue that needs to be addressed here,” Riggall said by phone. “For the previous two years, I’ve been wearing out a lot of shoe leather and banging on a lot of doors trying to get interest in Europe and North America with very little success. In the last six months things have changed quite…
