The Elements of Innovation Discovered
The Elements of Innovation Discovered
Bill offers grants and tax incentives for US battery minerals Metal Tech News Weekly Edition – May 20, 2020
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 next ce...
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