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America Is the Underdog in This Mineral Race China built its dominance in graphite years ago. While the United States relied on imports, China consolidated control over one of the most important materials used in defense, batteries and industrial systems. Now Washington is realizing the implications. America still produces none of the graphite it needs domestically. That is beginning to change. One company controls what appears to be the largest graphite deposit in the United States, located in the West. Federal funding is already following the project - including Department of Defense support and billions in potential financing tied to domestic processing. America may still be behind. But the companies positioned to close that gap could become increasingly important. |
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