Key points
- China funds and operates mining projects abroad and processes and refines battery metals at home, giving it control over nickel, copper, cobalt and manganese supply chains for electric vehicles.
- 1,500 miles off the coast of California lies what the video calls the world’s largest known deposit of battery metals: polymetallic nodules containing nickel, copper, cobalt and manganese.
- The video argues these nodules can be collected and brought to American soil for processing by American companies, offering a path to reshore battery materials manufacturing and create jobs.
- China holds nearly every contract for the future supply of key metals like nickel, and recycling scrap and e-waste alone will not meet U.S. needs over the next 30 years, according to the video.
