RecycLiCo Partners with Lucid to Strengthen North American Domestic Supply Chain for Critical Minerals and Metals
UNITED STATES, JUL 23 – The Minerals for National Automotive Competitiveness Collaboration (MINAC) aims to reduce reliance on foreign minerals and accelerate US production for electric vehicle batteries by 2028, officials said.
- On Wednesday, RecycLiCo Battery Materials Inc. and Lucid Group formed MINAC in Washington, D.C., to accelerate domestic EV minerals sourcing, with Lucid announcing the formation.
- Growing global demand for responsible supply chains prompted RecycLiCo's focus on domestic sourcing, responding to Trump Administration tariffs, to strengthen US critical mineral supplies.
- RecycLiCo’s hydrometallurgical process recovers high-purity battery materials from ore, scrap and end-of-life batteries, leveraging advanced technology to support domestic supply chains.
- Amid global supply constraints, Lucid's Marc Winterhoff called reliable mineral supplies 'absolutely critical', and the International Energy Agency reported China produces over 90% of battery-grade refined graphite.
- With EV demand surging, MINAC's partners plan to begin graphite and nickel production in Ohio and Alaska by 2028, underscoring the push for domestic supply chains.
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