Biden administration cuts big checks for battery metal miners

This past week the United States Department Of Energy announced several grants to battery metal miners, noted mining audiences manager Michael McCrae. On Friday McCrae recorded Kitco Roundtable with Kitco correspondent Paul Harris. The recently passed Inflation Reduction Act included a provision to fund energy transition. It incentivized companies to build battery metal manufacturing facilities in the U.S.This past week notable announcements were Piedmont Lithium getting $141.7 million for a Tennessee lithium processing plant, Talon Metals getting $114 million for a battery minerals processing facility in North Dakota and Syrah Resources getting $220 million for an anode plant in Louisiana.