Biden order to boost mining may not have quick payoff : vima

Biden order to boost mining may not have quick payoff

President Joe Biden is turning to a Cold War-era law to boost production of lithium and other minerals used to power electric vehicles, but experts say the move by itself is unlikely to ensure the robust domestic mining Biden seeks as he promotes cleaner energy sources.

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Minerals Used Power Electric Vehicles , Ut Experts Say The Move By Itself Is Unlikely To Ensure Robust Domestic Mining Biden Seeks As He Promotes Cleaner Energy Sources Bidens Action , Art Of His Efforts To Find Alternatives Fossil Fuels And Combat Climate Change , Oes Not Waive Or Suspend Existing Environmental And Labor Standards , He White House Said Nor Does It Address The Chief Hurdle To Increased Domestic Extraction Of So Called Critical Minerals Years Long Process Needed Obtaina Federal Permit Fora New Mine Even , He Mining Industry And Supporters In Congress Cheered Bidens Use Of The 1950 Defense Production Act To Increase Us Supplies Lithium , Ickel And Other Minerals Needed For Electric Vehicles Batteries Clean Energy Technology His March 31 Executive Order Isa Historic Step By The White House To Recognize Critical Importance Of Push Electrify Car Industry , Aid Rich Nolan , Resident And Ceo Of The National Mining Association But Unless We Continue To Build On This Action Approve New Hardrock Mines , Nolan Added , E Risk Feeding The Minerals Dominance Of Geopolitical Rivals Such As China And Russia We Have Abundant Mineral Resources Here , E Said What We Need Is Policy To Ensure Can Produce Them And Build The Secure , Eliable Supply Chains We Know Must Have Environmentalists , Eanwhile , Orry That Biden Is Activatinga War Time Tool To Boost Mineral Extraction Can Contaminate Groundwater And Harm Ranching Wildlife The Clean Energy Transition Cannot Be Built On Dirty Mining , Aid Lauren Pagel , Olicy Director Of Earthworks , N Environmental Group That Has Pushed For Stronger Restrictions On Hardrock Mining Bidens Order Directs The Defense Department To Consider At Least Five Metals Lithium , Cobalt , Graphite , Ickel And Manganese As Essential To National Security Authorizes Steps Bolster Domestic Supplies Biden Former President Donald Trump Both Used The Defense Production Law Previously Speed Us Response Covid 19 Pandemic On Minerals , Iden Wants To Ensure The Us Has Enough Lithium And Other Materials Needed For Ev Batteries , Eat Pumps And Large Capacity Batteries For The Electric Grida Majority Of Global Lithium Production Comes From China , Argentina And Chile , Hile Russia Dominates The Global Nickel Market And Democratic Republic Of Congo Is Worlds Largest Cobalt Producer We Need To End Our Long Term Reliance On China Other Countries For Inputs That Will Power Future , Biden Said , Owing To Use Every Tooli Have Make That Happen Although Lithium Reserves Are Distributed Widely Across The Globe , He Us Is Home To Just One Active Lithium Mine , N Nevada New And Potential Lithium Mining Extracting Projects Are In Various Stages Of Development , Orth Carolina And California Democratic Gov Gavin Newsom Has Labeled The Saudi Arabia Of Lithium , Nd Two Projects There Could Produce Lithium By 2024 Under Bidens Order , He Pentagon Is Authorized To Spend Millions Of Dollars Supporta Range Activities , Ncluding Feasibility Studies To Determine Economic Viability Ofa Proposed Mine And Develop Mineral Waste Recycling Programs Money Also Could Help Existing Mines Other Industrial Sites Produce Valuable Materials , He Pentagon Said For Example , A Copper Mine Could Also Produce Nickel Its Unclear How Much Money Will Be Available For Mining , Ut The Defense Department Is Authorized To Keep Up 750 Million On Hand For Its Strategic And Critical Material Stockpile Sen Catherine Cortez Masto , D Nev , Alled Bidens Ordera Good First Step Toward Expanding Our Electric Vehicle Battery Manufacturing And Infrastructure But She Other Lawmakers Said The Us Needsa Long Term Strategy To Improve Domestic Supply Chain Of Critical Minerals Unless President Streamlines Permitting , E Should Not Expect To See Any Meaningful Increase In American Mineral Production , Aid Wyoming Sen John Barrasso , He Top Republican On The Senate Energy And Natural Resources Committee Ata Recent Hearing Barrasso Urged Biden To Stand Up Mining Opponents In His Own Party Arizona Rep Raul Grijalva , A Democrat Who Chairs The House Natural Resources Committee , Alled Bidens Order Misguided Fast Tracking Mining Under Antiquated Standards That Put Our Public Health , Ilderness And Sacred Sites At Risk Of Permanent Damage Just Isnt The Answer , E Said Grijalva And Sen Martin Heinrich , D Nm , Ntroduced Legislation To Modernize The 1872 Law That Governs Hardrock Mining In Us Asterisk Our Current Was Put Place Before We Even Knew Whata Car , Uch Less An Electric One , Rijalva Said Modernizing This Relic Ofa Law Isnt Extreme Or Anti Industry Its Just Common Sense Mining Companies Have Extracted Hundreds Of Billions Dollars Worth Gold , Silver , Opper And Other Minerals From Federal Lands Over The Past 150 Years Without Payinga Cent In Royalties , Rijalva And Heinrich Said Ina Statement The House Bill Would Establisha 12 5 Royalty On New Mining Operations An 8 Existing Also Set Upa Hardrock Minerals Reclamation Fund To Make Industry Pay For Cleanup Of Abandoned Mine Sites About 40 Watersheds In Western Us Are Contaminated By Drainage , Ccording To The Environmental Protection Agency Many Nickel , Copper , Ithium And Cobalt Reserves Are Located Within 35 Miles Or 56 Kilometers Of Tribal Lands Indigenous People Living Neara Proposed Lithium Mine In Nevada Assailed Bidens Orderi Believe This Is Going To Be The Second Coming Environmental Destruction , Aid Day Hinkey , A Member Of The Fort Mcdermitt Paiute And Shoshone Tribe An Organizer With People Red Mountain , A Group That Opposes The Vast Thacker Pass Lithium Mine In Northern Nevada Another Is Planned Neara Desert Ridge Wherea Rare Wildflower Has Been Proposed For Listing As An Endangered Species Mines Developer , Aid The Expected Habitat Protections For Rare Tiehms Buckwheat Would Not Affect Its Mining Activities , Nd Company Operations Would Not Jeopardize Conservation Of The Species Opponents Dispute That Hinkey Said First Environmental Crisis Was Caused By Fossil Fuel Industry Andi Believe This Next One Will Be Lithium Mining , Texas News ,

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