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By Shane Lasley
Metal Tech News 

DOE earmarks $3.2B for battery materials

To boost domestic supplies of lithium-ion battery minerals Metal Tech News – May 4, 2022

 

Last updated 7/12/2022 at 2:03pm

Chevrolet Silverado, GMC Hummer, Cadillac Lyriq and other GM electric vehicles.

General Motors

Electric cars, pickups, SUVs, and commercial vehicles, such as the General Motors electric vehicles pictured, are creating enormous new demand for lithium-ion battery materials.

To help shore up domestic supplies of the cobalt, graphite, lithium, nickel, and other materials that go into lithium-ion batteries, the U.S. Department of Energy has directed $3.16 billion from the $1 trillion Infrastructure Investment and Jobs Act to bolster supply chains.

This multi-billion-dollar funding comes a month after President Biden authorized the Pentagon to utilize the estimated $...



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