These projects are poised to boost production of battery materials, comply with the US electric vehicle (EV) tax credit rules and reduce reliance on China, reported Reuters.
The investment, part of the Biden-Harris Administration’s Investing in America agenda, aims to boost domestic production of advanced batteries and materials, supporting more than 8,000 construction and 4,000 operational jobs.
Managed by the Office of Manufacturing and Energy Supply Chains (MESC), the projects will modernise and establish new facilities for processing critical minerals, manufacturing battery components and recycling.
The projects target key supply chain segments, from extracting and recycling critical minerals like lithium, graphite and manganese to manufacturing essential components such as electrolyte salts and cathode materials.
