Opinion: US uses Cold War powers to secure battery metals supply
The real significance of invoking the DPA is that it elevates battery metals to the top of the US critical materials supply list, writes Andy Home.
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The real significance of invoking the DPA is that it elevates battery metals to the top of the US critical materials supply list, writes Andy Home.
AMLO warned that if Congress does not approve a constitutional reform on electrical matters, he will push for a rewrite of the country’s Mining Law.
The White House is considering invoking the Defense Production Act for critical materials used in EV batteries.
A likely Biden administration order employing the Defense Production Act would provide a financial incentive to develop a domestic supply chain for electric vehicles.
Facing higher oil prices after Russia’s invasion of Ukraine, President Joe Biden is looking at invoking the Defense Production Act this week to increase the mining of critical minerals for the batteries used in electric vehicles. That’s according to a person familiar with the White House plans who insisted on anonymity to discuss the likely…