With strong support from its government, the Republic of Korea...

With strong support from its government, the Republic of Korea (South Korea) has set itself a target to be a world’s leading lithium-ion battery (LiB) and electric vehicle manufacturer. In an aggressive push to develop a world-class battery industry, President Moon Jae-in recently released a new battery strategy that will see the government invest over US$35B by 2030.To achieve its aims, South Korea is looking to overcome China’s dominance of LiBs, rare earths, and critical minerals production, as recently seen it is actively hunting in one of the world’s leading homes for the key ingredients it requires – Australia. Korea is an enormous industrial powerhouse focused on transitioning to low and zero emission tech..... don't underestimate its need our resources.