DOE awarding more than $3B to 25 projects to boost production of advanced batteries and battery materials
21 September 2024
The US Department of Energy (DOE) announced more than $3 billion for across 14 states to boost the domestic production of advanced batteries and battery materials nationwide. The portfolio of selected projects, once fully contracted, are projected to support more than 8,000 construction jobs and more than 4,000 operating jobs.
Administered by DOE’s Office of Manufacturing and Energy Supply Chains (MESC), the selected projects will retrofit, expand, and build new domestic facilities for battery-grade processed critical minerals, battery components, battery manufacturing, and recycling.
Through grants and loans, DOE is developing a diversified portfolio of projects that help deliver a durable and secure battery manufacturing supply chain for the American people. Through MESC, the Investing in America agenda will generate $16 billion in total investment for battery manufacturing and recycling through the Battery Materials Processing and Battery Manufacturing and Recycling Program.
Using market, economic and supply chain security-related technical analysis, MESC collaborates with experts to identify gaps and growth opportunities across the nation's energy supply chains, from raw materials to processing and manufacturing. These analyses inform investment and program implementation.
This announcement of round two selections builds on this progress and aims further to address existing and future supply chain challenges. The selected projects span strategic segments across the supply chain, building and expanding commercial-scale facilities to extract and recycle critical minerals including lithium, graphite, and manganese, as well as manufacture components. These components represent the most essential building blocks of the battery supply chain, such as electrolyte salts, solid state electrolytes, polymers for separators, cathode and anode materials, that are critical to onshore a robust and reliable energy supply chain.
The selected projects also cover traditional and next-generation lithium-ion chemistries, as well as non-lithium-ion technologies, to ensure that the US has a diverse portfolio of domestic battery technologies that can strengthen our overall energy security.
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