- Written Testimony of Simon Moores, Managing Director, Benchmark Mineral Intelligence
- For: US Senate Committee on Energy and Natural Resources Committee
- Hearing: Tuesday, February 5 2019, at 10:00a.m. Room 366, Dirksen Senate Office Building in Washington, DC.
- Subject: Outlook for energy and minerals markets in the 116th Congress.
We are in the midst of a global battery arms race in which the US is presently a bystander.
Since my last testimony only 14 months ago, we have reached a new gear in this energy storage revolution which is now having a profound impact on supply chains and the raw materials that fuel it.
The advent of electric vehicles (EVs) and the emergence of battery energy storage has sparked a wave of lithium ion battery megafactories being built. Continue Reading →