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By Shane Lasley
Metal Tech News 

ORE Act encourages more than rare earths

Bill offers grants and tax incentives for US battery minerals Metal Tech News Weekly Edition – May 20, 2020

 

Last updated 7/10/2022 at 2:36pm

Onshoring Rare Earths Act ORE Act grants for graphite cobalt lithium manganese

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In addition to the rare earths that go into wind turbines, the ORE Act includes grants and incentives for U.S. production of the minerals and metals that go into the lithium-ion batteries that store renewable energy and power electric vehicles.

The Onshoring Rare Earths Act of 2020, or ORE Act, legislation introduced by U.S. Sen. Ted Cruz (R-Texas) on May 12 reaches beyond the 17 rare earth elements to include an additional four minerals and metals needed for lithium-ion batteries – cobalt, graphite, lithium and manganese.

Cruz, who has long held that "China is the most significant geopolitical threat to the United States for the ne...



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