Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Stjepan Kalinic

DOE Unveils Fresh $1 Billion Funding To Boost US Critical Minerals

Small,Pile,Of,Minerals,Extracted,In,A,Rare,Earth,Mine

The U.S. Department of Energy (DOE) has announced plans to issue nearly $1 billion in funding opportunities to scale mining, processing, and manufacturing technologies for critical minerals and materials. This plan follows President Donald Trump’s Unleashing American Energy executive order, aiming to strengthen domestic supply chains essential for energy, defense, and industrial competitiveness.

“For too long, the United States has relied on foreign actors to supply and process the critical materials that are essential to modern life and our national security,” Energy Secretary Chris Wright said in a statement. “The Energy Department will play a leading role in reshoring the processing of critical materials and expanding our domestic supply of these indispensable resources.”

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.