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Sweden's Northvolt to build $5.2 bln battery factory in Canada
(www.reuters.com)
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this post was submitted on 28 Sep 2023
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China sells their minerals/materials at cost to keep manufacturing costs down
[citation needed]
Edit: it’s not loading for me but it might be here https://www.nbr.org/publication/chinas-control-of-rare-earth-metals/#
I will see if I can find a source but
My father who works high up in a military tech company.
They build as much as they can in China (without losing US contracts) then bring it to Canada to finish the parts they can’t do in China before moving it to the US to assemble and put a “made in USA” sticker on it
For me; the company I’m at gets all of our metals from China because it’s so much cheaper to ship it here
Where's the indication that they sell at cost? Seems to me like they're just able to drive costs down because of integrated supply chains.