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Benzinga
Benzinga
Business
Surbhi Jain

Trump's Battery Play: Pentagon Cancels $500M Cobalt Tender, Xerion In Spotlight

Donald Trump Pentagon United States America Dayton Ohio
Us,Pentagon,In,Washington,Dc,Building,Looking,Down,Aerial,View

The Pentagon just pulled a $500 million cobalt tender, but the real action might be in Dayton, Ohio. Xerion Advanced Battery Corp., long in stealth mode, is now front and center as Trump pushes to secure critical minerals for America, amid tightening Chinese export controls on cobalt and gallium.

From Stealth To Spotlight

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