WASHINGTON, Sept 20 (Reuters) – The U.S. Department of Energy said on Friday it plans to award $3 billion to 25 battery manufacturing sector projects in 14 states as the Biden administration works to shift supply chains away from China. .
The project follows the adoption of U.S. EV tax credit rules to increase domestic production of advanced batteries and battery materials and move battery production and critical minerals out of China.
The award will fund the manufacturing and recycling of battery-grade processed critical minerals, components and batteries, generating a total project investment of $16 billion and supporting 12,000 production and The plan is to support construction jobs.
“Mineral security is essential to climate security,” said White House climate adviser Ali Zaidi. “This allows us to lead the next generation of battery technology, from solid state to other new chemistries.”
Albemarle (ALB.N) will receive $67 million for a project in North Carolina to produce commercial quantities of anode materials for next-generation lithium-ion batteries, while Honeywell (HON.O) opens in new tabLouisiana The state will receive $126.6 million to build a commercial-scale facility to produce the key electrolyte salt needed for lithium batteries. DOE plans to award Dow (DOW.N) and open $100 million new tab for manufacturing battery carbonate solvents for lithium-ion battery electrolytes, SK ON and Cosmo Chemical (005420 Clarios Circular Solutions, in partnership with SK Innovation (096770.KS), will receive $150 million for a South Carolina project to recycle lithium-ion battery manufacturing scrap materials. ) battery unit SK ON opens in a new tab.
Currently, most of the scrap produced in the United States is exported to be processed by material suppliers, much of it in China, according to the DOE.
DOE awards $225 million for lithium carbonate production by SWA Lithium, jointly owned by Standard Lithium (SLI.V) and Equinor (EQNR.OL), using direct lithium extraction (DLE) technology. I’m planning. DOE will also award $225 million to TerraVolta Resources to produce lithium from brine using DLE. Revex Technologies, a partnership co-founded by Lundin Mining (LUN.TO) Opens in a new tab, will receive $145 million for three Michigan facilities. Utilizing waste from the only operating primary nickel mine in the United States, it will generate domestic nickel production for at least 462,000 EV batteries per year.
The DOE will award $166 million to South32 Hermosa in Patagonia, Arizona, for mining high-purity manganese sulfate monohydrate (HPMSM) for electric vehicle battery chemistry. Currently, over 96% of HPMSM is manufactured in China.
DOE will also award $166.1 million to another HPMSM project for Element 25 (E25.AX) in Louisiana. A new tab will open. Manganese ore sourced from the Element 25 mine in Western Australia.
Group14 Technologies will receive $200 million to develop a U.S.-based silane manufacturing plant in Moses Lake, Washington. China is currently the largest source of silane, a material needed for silicon batteries.
Birla Carbon will receive $150 million to develop next-generation synthetic graphite without using materials from China.
DOE previously awarded $1.82 billion to 14 projects. The DOE said selected projects must complete negotiations and environmental reviews before being awarded a bid.
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Reporting by David Shepherdson. Editing: Stephen Coates
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