Battery Materials Projects Mean Billions in U.S. Spending

February 28, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Batteries, particularly the rechargeable kind, have become virtually ubiquitous in U.S. life. Batteries power our phones, electric vehicles (EVs), laptops and a host of other devices. As demand for batteries increases, it also tightens supplies for the materials used in making them, such as anode and cathode materials. The U.S. Metals & Minerals Industry is keeping up with this demand in the form of billions of dollars' worth of spending on projects to manufacture battery materials for anodes and cathodes.