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ALB - What Does The Recent U.S. ORE Act Mean For Investors In Rare Earths And Battery Metals?
Albemarle Corporation
This article first appeared in Trend Investing on June 1, 2020; therefore all data is as of this date.
The US has finally made a bolder move to secure critical materials and safer supply chains from within the US and perhaps from their allies. In April 2020 a bill was finally passed regarding forming a US uranium reserve, and then in May 2020 two bills [Acts] involving rare earths and other key battery materials were put forward.
A background of recent US support for critical materials