The Elements of Innovation Discovered
The Elements of Innovation Discovered
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Three projects that will advance coal-derived rare earths and critical minerals. Further attempting to strengthen America's critical mineral supply chain and by proxy its national security, the U.S. Department of Energy announced $17 million in funding for three projects focused on establishing a domestic supply of rare earth elements and critical minerals from coal-based resources. Funded through the Bipartisan Infrastructure Law as part of President Biden's Investing in...
U.S. policymakers have become increasingly concerned about overreliance on China for the minerals and metals essential to clean energy technologies. Today China controls roughly one-third of the global market for critical minerals and rare earth elements, and several countries, including Australia, are making strides toward developing robust domestic resource extraction and processing industries of their own in response. To take advantage of recent federal tax credits for elec...
