DOE has closed the first round of Critical Minerals and Battery Manufacturing investments. Strong battery and critical material supply chains will allow for a seamless transition to clean energy technologies, making them an essential backbone to our country’s energy future. DOE has awarded a total of $1.92 billion to 15 projects that will build and expand commercial-scale facilities to extract lithium, graphite, and other battery materials, manufacture components, and demonstrate new approaches, including manufacturing components from recycled materials.
Combined Federal/Private sector investment total of more than $5.8 billion to boost American production of clean energy technology, create over 2,500 good-paying jobs, and support President Biden’s national goals for electric vehicles to make up half of all new vehicle sales by 2030 and to transition to a net-zero emissions economy by 2050.
DOE’s Office of Manufacturing and Energy Supply Chains will administer the awards.
Funded with $2.8 billion through the Bipartisan Infrastructure Law, the portfolio of 21 projects supports new, retrofitted, and expanded commercial-scale domestic facilities to produce battery materials, processing, and battery recycling and manufacturing demonstrations.
Selection for award negotiations is not a commitment by DOE to issue an award or provide funding. Before funding is issued, DOE and the applicants will undergo a negotiation process, and DOE may cancel negotiations and rescind the selection for any reason during that time.
