By Shane Lasley
Metal Tech News
Ford calls for US mine permitting reform
Says US mining of raw materials is needed for EV revolution Metal Tech News - September 1, 2022
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Last updated 9/20/2022 at 2:48pm
Ford Motor Company
While each battery and automaker has its own special formula, the average lithium-ion battery powering a sedan-sized EV, such as this 2023 Ford Mustang Mach-E GT Performance, needs around 146 lb of graphite, 88 lb of nickel, 29 lb of cobalt, and 20 lb of lithium.
The Inflation Reduction Act offers American car buyers a $7,500 tax credit for buying a new electric vehicle, as long as the ingredients in the battery of that automobile are mostly produced domestically, and none of the critical minerals in the EV comes from "foreign entities of concern" in China and elsewhere. The nearly decade-long process to permit a mine in the United States, however, has...
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