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Thursday, 03/31/2022 6:06:43 PM

Thursday, March 31, 2022 6:06:43 PM

Post# of 14927
$BOXS - Biden invokes Cold War Statute to Boost Critical Mineral Supply

Biden invoked the Defense Production Act, a move that will give the government more avenues to provide support for the mining, processing and recycling of critical materials, such as lithium, nickel, cobalt, graphite and manganese. Those are used to make large-capacity batteries for electric cars and clean-energy storage systems. Yet except for a handful of mines and facilities, they are almost exclusively produced outside the United States.