The US Department of Energy (DoE) has awarded $500m to seven companies developing domestic critical minerals processing, battery recycling and advanced battery-material projects, according to a DoE press release and reporting by Reuters.
The announcement comes as the US administration seeks to expand domestic supply chains for materials used across energy, industrial and defence applications.
The funding, announced on 20 August, is the third round of grants under the DoE's Battery Materials Processing and Battery Manufacturing and Recycling programmes. The department said the selected projects would expand US processing and recycling capacity while reducing reliance on foreign sources.
The awards come as President Donald Trump has called for the US to become the world's "minerals superpower" and reduce its dependence on China for critical materials. Reuters reported that the administration has been using loans, grants and government investments to encourage domestic mining and processing projects.
Audrey Robertson, ****** istant Secretary at the DOE, told Reuters that hundreds of applications had been received for the latest funding round. The selected projects, she said, were those considered "most promising" and offering the highest potential return in areas of the battery supply chain identified as priorities.
#battery #recycling #materials #domestic
The announcement comes as the US administration seeks to expand domestic supply chains for materials used across energy, industrial and defence applications.
The funding, announced on 20 August, is the third round of grants under the DoE's Battery Materials Processing and Battery Manufacturing and Recycling programmes. The department said the selected projects would expand US processing and recycling capacity while reducing reliance on foreign sources.
The awards come as President Donald Trump has called for the US to become the world's "minerals superpower" and reduce its dependence on China for critical materials. Reuters reported that the administration has been using loans, grants and government investments to encourage domestic mining and processing projects.
Audrey Robertson, ****** istant Secretary at the DOE, told Reuters that hundreds of applications had been received for the latest funding round. The selected projects, she said, were those considered "most promising" and offering the highest potential return in areas of the battery supply chain identified as priorities.
#battery #recycling #materials #domestic
2 months ago
