Avalon Advanced Materials explains how North America must facilitate the development of a complete supply chain in order for the development of battery materials to advance.
"We will also be looking to grow our consulting business, in particular in environmental services and we are looking closely at potential acquisitions."
In August 2023, Mexican exports to the US surpassed China for the first time. As companies prioritize securing supply their chains after years of logistics challenges, Mexico has begun to see major benefits. With a spate of new infrastructure projects such as the Interoceanic Corridor of the Isthmus of Tehuantepec coming online in 2023, the country is actively opening itself to investment. The chemical industry, in particular, is positioned for nearshoring-driven growth.