Market and industry leaders echoed concern over China's surprise October 20th announcement restricting graphite exports, an essential component in clean energy technology. The move follows earlier controls imposed this summer on chip-making metals gallium and germanium.
China is responsible for approximately 60% of critical mineral processing and 90% of graphite. While the short-term effects of recent restrictions are unclear, analysts have long anticipated a looming supply crunch, predicting shortages hitting the electric vehicle market as soon as 2025. The European Union and the United States vowed to secure critical mineral supply chains free of Chinese dependence. China is the largest exporter of more than half of US critical minerals, while the EU completely depends on them.
To date, decoupling and derisking strategies highlighted in the Inflation Reduction Act and the European Critical Raw Materials Act include investment in local processing facilities and foreign extraction joint ventures. Despite recent momentum, much of the larger market remains in its infancy, and the transition to new trade partners through nearshoring and friend shoring needs to happen more quickly.
Join industry experts as we discuss existing and evolving critical mineral and metal supply chains, the role of China and the geopolitical uncertainties and pressures on the global economy, and how the United States and Europe are responding to the increasing demand required for the ongoing energy transition.
This event will be a virtual session via Zoom from 12:00 PM until 1:30 PM EST. Additional details will be provided to registered attendees prior to the session.
Allison Enck is a senior associate strategist on the Global Commodity Strategy and MENA Research team at RBC Capital Markets. Her work focuses on macro clean technology and energy policy research. She is also a 2023 Women Leaders in Energy and Climate Fellow at The Atlantic Council.
Prior to joining RBC, Enck worked for Eni SpA in their Washington, DC, office where she researched domestic energy policy and electricity market trends as the company aimed to install 1 GW of renewable capacity by 2025 in the United States. Enck received her graduate degree from Johns Hopkins School of Advanced International Studies, where she majored in international economics with a concentration in energy resources and the environment. She has previously worked for the national Solar Energy Industries Association and Alliance to Save Energy, where she first developed her knowledge in renewable energy policy.
Steve LeVine is a senior fellow on the Foresight, Strategy and Risk Initiative at the Atlantic Council and a professor at Georgetown University, where he lectures on energy security in the graduate-level Security Studies Program. He also serves as editor at large for Medium, where he writes about the relationship between science, technology, and society.
As a former foreign correspondent, Steve was stationed in the former Soviet Union, Pakistan, and the Phillippines, where he represented the Wall Street Journal, The New York Times, the Washington Post, the Financial Times, and Newsweek. He has also published three books: The Oil and the Glory (2007), Putin’s Labyrinth (2008), and The Powerhouse (2015), which was long-listed for the Financial Times-Mckinsey Business Book of the Year.
Will Talbot is principal analyst at Benchmark Mineral Intelligence. He leads nickel and cobalt supply, demand, price, and cost forecasting in Benchmark's Forecast division. Prior to Benchmark, Will was senior analyst in Argus Media's Consulting Services department with a focus on electric vehicles and battery materials, as well as green/blue hydrogen/renewables and technical urea markets. He led electric vehicle and battery research in Argus Consulting, developed cost models for green/blue hydrogen and renewables, and delivered bespoke consulting projects. Will has a Master of Engineering (MEng), Chemical Engineering, from University of Bath.
Carolyn Kissane serves as the Academic Director of New York University’s Center for Global Affairs and Director of NYU’s SPS Energy, Climate Justice, and Sustainability Lab. Carolyn Kissane’s areas of thought leadership and entrepreneurship include the Energy Transition, Sustainability Innovation, and Policy, as well as Cybersecurity. Dr. Kissane is a lifetime member of the Council on Foreign Relations, a member of the National Committee on US-China Relations. She serves on the boards of the New York Energy Forum, New York Energy Week, and Clean Start Advisory Board. She was awarded Breaking Energy’s Top Ten New York Women in Energy and Top Ten Energy Communicator. She hosts Fueling our Future, which brings energy and environment experts together for discussion and debate. Dr. Kissane received her Ph.D. from Columbia University.
12:00 PM - 1:30 PM: Presentation and Discussion
This session is complimentary for all registrants. Registration is required for event link details.