Fortune Minerals Ltd T.FT

$3.5 Billion to Strengthen Domestic Battery Manufacturing

[Allman]

In the unlikely event FT isn't able to tap into previously announced government programs, there's still more programs coming.

... U.S. Department of Energy (DOE) announced up to $3.5 billion from the Infrastructure Law to boost domestic production of advanced batteries and battery materials nationwide. ...
This funding opportunity is the second phase of $6 billion in total provided by the Bipartisan Infrastructure Law. In the first phase, DOE awarded fifteen projects that are catalyzing over $5.8 billion in public/private investment. This second phase will boost domestic battery manufacturing and supply chains to effectively support the clean energy transition including by:

• - Ensuring that the United States has a competitive battery materials processing industry to supply the North American battery supply chain.
• - Expanding the capabilities of the United States in advanced battery manufacturing.
• - Enhancing national security by reducing the reliance of the United States on critical minerals, battery materials, components, and technologies from foreign entities of concern.
• - Advancing the domestic processing capacity of minerals necessary for battery materials and advanced batteries.
• - Support the goal that 40% of the overall benefits of certain federal investments flow to underserved and overburdened communities (in accordance with the Justice40 Initiative).
• - Provide workforce opportunities to low- and moderate-income communities.

https://www.energy.gov/articles/biden-harris-administration-announces-35-billion-strengthen-domestic-battery-manufacturing

[elitespooner]

cmon man

[red]

Well the USA did basically say that you ( canada )  have it and we want it, clearly Canada does not seem to be proactive as we have it and appears it's doing little to exploit it. We wait ...

[elitespooner]

ol Biden looking for icecream