DTN 104: The Race to Build the World’s Most Complex Machine

“From an environmental standpoint, we are the lowest-impact lithium producer… Our ability to remove water from the process is a major advantage. This is not just for sustainability but also for permitting, which is often a bottleneck in lithium projects.”

“The firm’s expertise has placed it at the centre of a global technology battle. To prevent China from building whizzy AI chips, America has barred ASML from selling its most advanced gear to Chinese chipmakers. In response, China is pouring billions of dollars into building homegrown alternatives. Meanwhile, Canon, a Japanese rival, is betting on a simpler, cheaper technology to loosen ASML’s grip. Yet unlike software, where industry leadership can shift in a matter of months, success in lithography is a slow-moving race measured in decades. Overtaking ASML won’t be easy. At stake is control of the machine that will shape the future of computing, AI and technology itself.”