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
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Last updated 7/12/2022 at 2:03pm
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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