Yesterday, President Joe Biden brought together several announcements that aim to help expand domestic supply of materials considered critical through Government and private funding. These projects include:

  • MP Materials rare earths processing facility
  • Demonstration facility from Berkshire Hathaway Energy Renewables of lithium from geothermal brine
  • Redwood Materials further partnerships with Ford and Volvo to recycle Li-ion batteries
  • Rare earth element recycling demonstration project funded by the Infrastructure Bill

The rare earth processing facility announced for MP Materials based in Nevada will receive USD35 million from the Department of Defense’s Industrial Base Analysis and Sustainment program. On top of this, MP Materials will invest another…

 

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