Key battery metals are facing a shortage as the Ukraine-Russia war heats up An already voracious commodity supercycle is now witnessing even greater momentum amid fears of major supply-chain disruption and fallout from Russia’s war on Ukraine that has sent markets into a tailspin. Supply shortages of key battery materials from lithium and cobalt to nickel and graphite were looming large over the EV industry since the second half of last year. Now, those fears have been compounded. With EV sales expected to double this year, auto giants are desperate to avoid battery supply chain disruptions and soaring costs of raw materials. And the supply chain for all of these battery materials are now a matter of national interest for the United States government. […]