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...Straubel established Redwood Materials in 2017 to reshape the supply chain for electric vehicles by recycling the materials in batteries and reducing the need to mine for more of the minerals the industry...
...The deal, which creates a company projected to be the industry’s third-largest producer by 2027, comes as the US and Australia step up efforts to cut reliance on China’s supply of critical minerals....
...Jakarta is also lobbying Washington for Indonesia to receive a tailored trade deal on critical minerals similar to one agreed with Japan in March....
...But Amyris had also branched out into being an incubator for beauty start-ups including Rose Inc, Costa Brazil and JVN hair care, and it proved too huge a leap from developing molecules to developing brands...
...companies have in common, however, is a focus on commodities trading — a fact that makes their cash flows unusually sensitive to the value of the dollar, as well as to the price of commodities such as minerals...
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