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US to invest US$2.8B to advance EV metals

U.S. President Joe Biden announced US$2.8 billion will go to some 20 companies to build and expand facilities to extract and process lithium and graphite.

Jax Jacobsen
The US stepped up efforts to domestically source battery materials.

The US stepped up efforts to domestically source battery materials.

The funds will also be put towards the manufacturing of battery components and the demonstration of new approaches, such as using recycled materials to manufacture battery materials. "Producing advanced...

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