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DOE Unleashes $500M To Break China's Grip On Critical Materials

From zerohedge.com

The DOE’s Office of Critical Minerals and Energy Innovation (CMEI) released a Notice of Funding Opportunity for up to $500 million for advancing its strategy to develop secure domestic sources of critical minerals and battery materials. The aim is to reduce reliance on foreign suppliers that have long dominated these markets. This marks the third round of funding under the Battery Materials Processing and Battery Manufacturing & Recycling programs. Our readers have been tracking these developments for some time. Last summer we published an overview of the emerging domestic critical minerals sector, identifying ... (full story)

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