Bloomberg
America’s Critical Minerals Push Accelerates
Monday, August 17, 2026
Nth Cycle CEO Megan O'Connor stated that China controls more than 85% of critical-mineral refining, according to Bloomberg. O'Connor discussed U.S. government efforts to establish domestic battery material refining capacity and the level of government support required to compete with Chinese refining operations. Nth Cycle manufactures technology for critical-mineral refining, according to the company.
