On an international scale, researchers have been hard at work making magnesium batteries a feasible replacement for lithium-ion batteries and hydrogen fuel cells, in a development that could upend the electric vehicles industry on a worldwide scale. Currently, the global EV fleet runs on lithium-ion batteries, but these fundamental building blocks of the decarbonization movement carry some critical drawbacks. As it stands lithium production and refining for use in lithium-ion batteries and other applications is all but monopolized by China.…
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