July 29, 2021

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Reuters first to report Biden looking abroad for electric vehicle metals, in blow to U.S. miners

AutomotiveBusiness & FinanceEnvironmentPolitics

Reuters broke the news that U.S. President Joe Biden will rely on ally countries to supply the bulk of the metals needed to build electric vehicles and focus on processing them domestically into battery parts, part of a strategy designed to placate environmentalists. The plans will be a blow to U.S. miners who had hoped Biden would rely primarily on domestically sourced metals, as his campaign had signaled last autumn, to help fulfill his ambitions for a less carbon-intensive economy.

Article Tags

Topics of Interest: AutomotiveBusiness & FinanceEnvironmentPolitics

Type: Reuters Best

Sectors: Commodities & Energy

Regions: GlobalNorth America

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Important Regional StoryMajor Global Story