Driving With Dunne Podcast: Busting China's Graphite Monopoly

Nico Cuevas, Founder and CEO, Urbix Resources (USA)

Listen now (29 min)

“We [the co-founders] could have put our money into a Range Rover or a big house – or graphite. We decided it was good idea to put it into graphite.”

Nico Cuevas, Founder and CEO, Urbix Resources

Chinese firms produce 93% of all the refined graphite that powers electric cars globally. Automakers and battery makers feeling incredibly vulnerable. That is about to change. America is ramping up domestic battery supply chains, including graphite processing. One impressive example: Urbix Resources, a Mesa, Arizona startup led by Nico Cuevas.