The U.S. government is seeking battery manufacturing and recycling projects to invest $500 million to strengthen the national critical mineral and materials industries.
The U.S. government is seeking battery manufacturing and recycling projects to invest $500 million to strengthen the national critical mineral and materials industries. U.S. Energy Secretary Chris Wright recently announced the Department of Energy’s notice of funding opportunity for the Battery Materials Processing and Battery Manufacturing and Recycling grant programs.
“For too long, the United States has relied on hostile foreign actors to supply and process the critical materials that are essential in battery manufacturing and materials processing,” Wrightand lessen dependence by up to 15% in four years on foreign sources for key critical minerals, materials and battery components.Critical minerals and materials used in batteries include aluminum, cobalt, copper, fluorspar, graphite, lithium, manganese and nickel. Proposed projects that involve lithium, nickel and cobalt have been designated as high priority. The U.S. government added copper as one of six new additions to itsthat is used in defense, cancer treatments and navigation has been named by the U.S. Geological Survey as the weakest link in the critical mineral supply chain.must support demonstration and/or commercial facilities for processing, recycling, or using for manufacturing of critical materials that may be traditional battery minerals or other minerals in commercially available batteries.Applications must support processing, manufacturing, or recycling that directly impact advanced battery manufacturing and supply chains. The DOE defines an advanced battery as a battery cell that can be integrated into a module, pack, or system to be used in energy storage applications, including electric vehicles and the electric grid. The minimum federal grant for a new commercial scale facility is $100 million and $50 million for retrofit facilities. “This is a statutory requirement and applications submitted that do not meet the requirements will be considered non-compliant,” according to the DOE. Successful applicants are expected to comply with estimated cost-share commitments outlined in their applications.In addition, cost shares are to be derived from non-federal sources that may include project participants, state or local governments, or other third-party financing.
Advanced Batteries Critical Minerals Battery Recyling Supply Chain Resilience Lithium Cobalt Nickel Graphite Fluorspar
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