WATCH AND LEARN..TWO MONTHS UNTIL THE FIRST ACID SPAR MINE IN AMERICA...High Import Reliance: The U.S. currently imports over 95% of its fluorspar needs, primarily from Mexico and China. This has led to a strategic interest from the U.S. government to reduce dependence on foreign supply.
Growing Demand: The demand is increasing due to growth in "CleanTech" industries, such as electric vehicle (EV) batteries, solar panels, and semiconductors, which require fluorine-based products. Demand from the battery sector alone is projected to exceed 1.8 million tons globally by 2030.
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