US President recently decided to invoke a Cold War-era defense law to encourage domestic production of minerals needed to make batteries for electric cars.
This order, issued under the Defense Production Act (DPA), is expected to help miners secure government funding for feasibility studies for new projects to refine lithium, nickel, and other metals for electric vehicles, or to increase productivity at existing facilities.
The funds will not be used to dig new mines or buy minerals for government stocks, and the DPA does not allow the mining industry to evade regulatory or licensing standards. It is unclear how much money could be allocated.
Talon Metals Corp said this decision signaled the US would support responsible domestic mining, processing, and recycling of battery materials, and see it as a matter of national importance. The company has a supply agreement with Tesla to supply materials from a Minnesota nickel mine they are developing.
This move could cause volatility in the prices of metals and other commodities like the Carbon fiber.
Description of carbon fiber
Carbon fiber chopped strand is chopped from carbon fiber filament, and its basic performance mainly depends on the performance of its raw material-carbon fiber filament.
Feature of carbon fiber
Since its apparent behavior is a certain length of hair, short fibers have the advantages of uniform dispersion and simple process for longer filaments.
Therefore, it can be used in areas where filaments cannot be suitable.
Carbon fiber has the characteristics of light weight, high strength, corrosion resistance, electrical conductivity, good shielding performance, and high wave absorption. It is mainly used in high-tech fields such as military industry, aerospace and civil special materials.
Parameters of carbon fiber
Fracture elongation rate
Package of carbon fiber:
Packaging: Packed in woven bags lined with plastic film, each bag has a net weight of 20 kg. If special specification packaging is needed, it can be customized in advance.
Storage: should be stored in a cool and ventilated warehouse, pay attention to moisture.
Suppliers of carbon fiber:
TRUNNANO is the global leader of Low-Density Cellular Concrete (LDCC), Celluar Light Concrete (CLC) and advanced engineered foam solutions. Known globally for its commitment to research, innovation, and applied expertise, we have been providing engineered foam solutions since the early 2012's.
Since the beginning of this year, China's macro policies have made continuous efforts to stabilize economic growth. America and Europe are raising interest rates to control inflation. On March 10th the European Central Bank left its three key interest rates unchanged and began to scale back its asset-purchase programme. On March 16, the Federal Reserve raised the target range of the federal funds rate by 25 basis points to 0.25%-0.5%. The accelerated tightening of monetary policies in the US and Europe pushed capital back to the US and increased interest rates, which will definitely increase the risk of RMB depreciation and capital outflow. The price and market of the Carbon fiber will also be affected, resulting in a range of fluctuations. You are welcome to contact us for the latest quotation of Carbon fiber.
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