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Altamira Gold Corp. press release

US Admits It Can't Remove China from Supply Chain of Critical Metals

TSXV - TSX Venture Exchange · Gold · Copper · Canada

A top official in the Biden administration has revealed that the United Statescannot eliminate China from its critical metals supply chain. With the U.S. keen on cutting its carbon emissions by transitioning to zero-emission electric vehicles, the country needs massive amounts of critical metals to build electric vehicle batteries, stationary power storage and renewable energy infrastructure such as solar panels.

Critical minerals are also key to the development of everything from consumer electronics to defense systems, making these minerals critical to America’s economy and national security. However, China plays a key rolein the...

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Earlier from Altamira Gold Corp.