U.S. President Donald Trump aims to accelerate domestic resource production through immediate measures, but progress is likewise being made in other Western countries in building new production capacities for critical resources and components. However, a potential raw material cooperation between Russia and the U.S. has also made headlines.
A total of $268 million for the first construction phase.
The U.S. company plans to supply raw materials for Posco’s electric motor production and support automakers in the U.S., EU, Japan, and South Korea.
France and Japan to Invest Up to €216 Million.
This week, the growing dependence on China sparked interesting approaches to diversifying sourcing strategies.
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