#TM1 Technology Minerals – Exclusive Pentagon to boost rare earths and lithium stockpiles February 21, 2022 – Posted in: Blog, Technology Minerals (TM1)

The Pentagon plans to boost the stockpile of rare earth minerals, cobalt and lithium it manages for the U.S. government to reduce its long-term dependence on China, two people familiar with the plan said. The new stockpile agreement guidance is expected to be announced as soon as next week, one of the people said, nearly a year after U.S. President Joe Biden issued an executive order to study U.S. supply chain resiliency in February 2021. Rare…

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#TM1 Technology Minerals – Britishvolt gets £100m boost to build UK’s first large-scale ‘gigafactory’ January 21, 2022 – Posted in: Blog, Technology Minerals (TM1)

The deal to build an electric car battery plant near Blyth will bring up to 3,000 jobs to the area by 2028 A rendering of the electric car battery Britishvolt plant set to be built near Blyth, Northumberland. Photograph: Britishvolt   The UK government will invest £100m in Britishvolt as the car battery manufacturing startup seeks to build Britain’s first large-scale “gigafactory” in the north-east of England. The government’s Automotive Transformation Fund will invest alongside asset management…

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