RE: US7 Apr 2022 23:55
Hello,
It was an article I saw a couple of days ago and they mentioned a few times on twitter. A snippet from 3 days ago:
‘ Biden on Thursday ordered the Defense Department to consider at least five metals — lithium, cobalt, graphite, nickel and manganese — as essential to national security under the Defense Production Act. This is because they are required to make the batteries used in clean energy technology, and the U.S. largely relies on other nations for the mining and processing of these metals.
Under the order, the Pentagon will be authorized to use Defense Production Act funds to inject capital into a host of mining business activities. Those activities include paying for feasibility studies to determine the economic viability of a proposed mine, or to finance “co-product and byproduct production,” a term used to describe the process of taking valuable materials from a mine that typically yields other minerals. For example, a copper mine that could also produce nickel.’