IBNS-CMEDIA: An investment of $162 million would reportedly would be made by Critical Minerals and Energy Innovation (CMEI) in nine projects that facilitates recovery of critical minerals, materials, and other valuable byproducts from industrial feedstocks including rare earth elements, scandium, copper, antimony, and rare earth elements.
Delivering on President Trump’s Executive Order, Unleashing American Energy, these investments will also advance Trump’s continued efforts to secure domestic critical mineral supply chains and strengthen U.S. national security.
“Leveraging existing bench-scale and pilot-scale facilities is a vital opportunity to produce critical materials necessary for our energy, defense, and economic security,” said Assistant Secretary of Energy Audrey Robertson. “By investing in these facilities, we can de-risk commercial scale production technologies to grow new economic and manufacturing opportunities.”
Advancing the Administration’s priority to increase domestic production of critical minerals from industries such as mining and mineral processing, power generation, the projects will also concentrate on coal, oil and gas, specialty metals, and basic materials.
Many of America’s most severe mineral vulnerabilities will be addressed by the recovery of these valuable materials from feedstocks to provide dependable and enduring supplies for U.S. manufacturing.
