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The Biden administration is expected to block an agency of the State of Alaska’s application to build a 211-mile road through northwestern Alaska to reach an area long known for its mineral richness. The road-building project is proposed by the Alaska Industrial Development and Export Authority (AIDEA) and is needed to access major copper and zinc deposits needed for […]
The United States could be a major global lithium producer if it were not for policies and regulations by the federal and state governments, which are hampering efforts to break China’s control of the critical minerals sector. Global lithium demand is expected to outpace supply by 500,000 metric tons annually by 2030 due to the push for […]
WASHINGTON DC (08/07/2023) – Last week, the Biden administration’s Department of Energy (DOE) released its latest Critical Minerals Assessment, which included uranium as a near-critical supply risk for the United States both in the short term and the medium term. And yet, this week The Washington Post is reporting that President Biden is planning a […]
The green transition is pushing electric vehicles upon the American public as it is believed that they are less greenhouse gas intensive than gasoline vehicles. Electric vehicles, however, require lithium-ion batteries that have issues regarding greenhouse gas emissions during the mining and processing of the raw materials needed and the disposal of the batteries at […]
The Environmental Protection Agency’s (EPA) new emissions standards for vehicles require manufacturers to increase overall fuel efficiency by over 25 percent by 2026, effectively mandating that electric vehicles make up two-thirds of new car sales. In order for customers to buy electric vehicles, manufacturers will have to make them less expensive than internal combustion vehicles, which will […]
On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss the debt ceiling battle, mineral dependency, EV mandates and more. This week they are joined by former professional hockey player and current Representative Pete Stauber (R-MN) to talk about the importance of domestic mineral production and a new paper from the Institute […]
The United States and Japan reached a trade agreement for critical minerals used in batteries–a deal aimed at allowing Japan to meet sourcing requirements for new electric-vehicle subsidies in the United States and beginning to shift energy supply chains away from China. Under the deal, the United States and Japan agreed not to levy export duties on […]
China’s efforts to ramp up lithium extraction could see it accounting for nearly a third of the world’s supply by the middle of the decade. Chinese-controlled lithium mines, including those in Africa, are expected to increase output to 705,000 tons by 2025, from 194,000 tons in 2022—almost quadrupling the amount of its global supply and lifting China’s share […]
The Manchin/Schumer ”Inflation Reduction Act“ keeps and extends the $7,500 tax credit on electric vehicles and removes the numerical cap but there are a number of stipulations related to obtaining the full credit, one of which is where the battery materials are made. To qualify for $3,750 of the credit, an increasing share of a vehicle’s battery […]
President Biden and his administration do not want to mine American-owned minerals on public lands. Rather, Biden wants to use American taxpayer funds. The Department of Defense asked Congress to let it fund facilities in these countries that process strategic minerals used to make electric vehicles and weapons. Existing law does not allow Defense Production Act […]