DOE Awards $162 Million to Nine Critical Mineral Extraction Projects
EXCLUSIVE — The Department of Energy announced Tuesday that it awarded $162 million to nine selected projects across the country aimed at recovering critical minerals and materials from industrial feedstocks as part of the Trump administration’s effort to diversify the U.S. supply chain.
TL;DR
- Department of Energy awarded $162 million to nine projects for critical mineral recovery.
- Projects aim to extract minerals from industrial feedstocks and waste streams.
- Effort is part of the Trump administration's strategy to diversify the U.S. supply chain.
- Critical minerals are essential for energy, defense, and consumer electronics.
- Goal is to reduce U.S. reliance on foreign sources, particularly China.
- Selected companies include Anactisis, Still Bright, Nusano, SiTration, Thompson Creek Metals Company, Felix Gold, DISA Technologies, Alcoa Corporation, and Trigg Minerals.
- Examples include extracting antimony from gold mine waste in Alaska and copper from mining waste in Massachusetts.
- This funding is part of a larger DOE initiative totaling up to $275 million.
- Previous funding rounds have also supported projects using coal and coal-based feedstocks.