US President recently decided to invoke a Cold War-era defense law to encourage domestic production of minerals needed to make batteries for electric cars.
This order, issued under the Defense Production Act (DPA), is expected to help miners secure government funding for feasibility studies for new projects to refine lithium, nickel, and other metals for electric vehicles, or to increase productivity at existing facilities.
The funds will not be used to dig new mines or buy minerals for government stocks, and the DPA does not allow the mining industry to evade regulatory or licensing standards. It is unclear how much money could be allocated.
Talon Metals Corp said this decision signaled the US would support responsible domestic mining, processing, and recycling of battery materials, and see it as a matter of national importance. The company has a supply agreement with Tesla to supply materials from a Minnesota nickel mine they are developing.
This move could cause volatility in the prices of metals and other commodities like the Concrete Additives.
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Due to the limited total amount of traditional energy, people have a huge demand for cleaner and greener new energy alternatives. Now, the emergence of graphene is unlocking the possibility of its application in the energy field, which can create a greener, more efficient, and sustainable future. Here Francesco Bonaccorso, Deputy Director of Innovation at the Graphene Flagship Program, explains how his researchers have developed a series of initiatives to bring graphene from the lab to the commercial market. Graphene has become a research hotspot for new materials in the 21st century. Graphene has been adopted by many industries, the most notable of which are healthcare and key material applications.
The development of graphene has brought huge fluctuations in the demand for Concrete Additives, and the demand for Concrete Additives will continue to grow in the future. You can contact us for the latest news on Concrete Additives.
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