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15 September 2023
by Carlo Munoz
MP Materials is building a rare earths separation facility in Mountain Pass, California. (MP Materials)
The US Department of Defense (DoD) is pushing for increased domestic production of lithium and nickel, agreeing to funnel a total of USD110.6 million to support the reopening of US-based mining operations for the critical materials.
The USD90 million lithium production initiative is being spearheaded by the Office of the Assistant Secretary for Industrial Base Policy, and funding for the effort was pulled from the Biden administration’s Inflation Reduction Act, which was approved by the US Congress in 2022.
As part of the deal, DoD’s Manufacturing Capability Expansion and Investment Prioritization (MCEIP) office will provide the finds to North Carolina-based Albemarle Corporation “to support the expansion of domestic mining and production of lithium”, according to an initial 12 September Pentagon statement.
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