It is like pulling teeth.....building these supply chains is a slow process.
Many of the Australian Government and US Government Critical Mineral announcements are beginning to align in terms of Global Supply Chain commentary. Can Sunrise export to the Global battery metal supply chain network?
From yesterday's White House fact sheet.FACT SHEET: Biden-Harris Administration Driving U.S. Battery Manufacturing and Good-Paying Jobs - The White HouseAMERICAN BATTERY MATERIALS INITIATIVE
President Biden is committed to advancing America’s energy security and energy independence as he takes historic action to tackle the climate crisis. Today, the White House is launching a new whole-of-government effort to secure a reliable and sustainable supply of the critical minerals that power everything from electric vehicles to homes to defense systems. TheAmerican Battery Materials Initiativewill be led by a White House steering committee and coordinated by the Department of Energy with support from the Department of the Interior.
The critical minerals and large capacity batterysupply chain review initiated by Executive Order 14017 recommended (1) taking a mineral-by-mineral approach to both expand sustainable, environmentally-responsible domestic mining, processing, and recycling of critical minerals; (2) working with partners and allies to diversify international supply chains, recognizing that America’s national and economic security is bolstered through strong alliances, and international coalitions of reliable partners reinforce the security of our supply chains; and (3) developing a faster and fairer domestic process that meets strong environmental and labor standards, ensures meaningful community engagement and consultation with Tribal Nations, and reduces time and cost of permitting.
The Initiative will work through the Partnership for Global Infrastructure and Investment, and leverage ongoing work by the Department of State, to work with partners and allies to strengthen critical mineral supply chains globally, and it will leverage and maximize ongoing efforts throughout the U.S. government to meet resource requirements and bolster energy security.
To further accelerate efforts to secure the supply chain for the critical minerals and materials needed for advanced batteries, this Initiative will coordinate White House and agency attention to implement the President’s critical mineral strategy, align ongoing work on critical mineral supply chains, coordinate community and industry engagement, help guide research, grants, and loans supporting environmentally responsible critical minerals extraction, processing, and recycling, and aid diplomatic efforts to build reliable and sustainable global supply chains. The Initiative will also strengthen federal engagement, partnership, and consultation with the private sector, state, Tribal, and local governments, environmental and environmental justice leaders, and labor unions to more effectively marshal resources, ensure the concerns of Tribes and local communities are heard and addressed earlier in the planning process, and reflect our nation’s commitment to high environmental, social, and labor standards.
Finally, the Initiative will leverage deep, ongoing engagement with international partners and allies to map resources, advance strategic partnerships, diversify global supply chains, and raise international environmental, community, and worker-safety standards for extraction, processing, and recycling. Through this initiative, the Administration is acting on its commitment to build fairly at scale and speed as itexecutes a modern American industrial strategy.
PRESIDENT BIDEN’S ECONOMIC PLAN IN ACTION
President Biden’s economic plan is about building out the middle class from the bottom up and middle out, lowering costs for working families, and creating good-paying jobs in America. Today’s actions build on President Biden’s historic action to secure critical mineral supply chain for battery manufacturing including:
- Invoking the Defense Production Act to authorize investments to secure American production of critical materials for electric vehicle and stationary storage batteries—lithium, nickel, cobalt, graphite, and manganese—from sustainable mining and processing, as well as unconventional sources such as mine waste and geothermal brine.
- Investing more than $200 million through the Department of Defense in the rare earth supply chain, which is currently controlled by China, to facilitate the re-establishment of an end-to-end American supply chain for rare earth permanent magnets, used in wind turbines and electric vehicle motors, by 2025.
- Issuing a $102 million Department of Energy Loan Program Office loan to Syrah Resources in Vidalia, Louisiana to produce the first domestic battery-grade natural graphite active anode material, a material for which the U.S. is currently 100 percent reliant on China.
- Advancing scientific innovation through a $510.7 million investment from the Bipartisan Infrastructure Law for the United States Geological Services (USGS) to better map the nation’s mineral resources both still in the ground and in mine wastes, to preserve historical geologic data and samples, and to construct a USGS energy and minerals research center in partnership with the Colorado School of Mines
- Launching a mining reform effort, led by the Department of the Interior, to make recommendations for improvements necessary to ensure that new production meets strong environmental and community and Tribal engagement standards, while improving the efficiency and outcomes of the permitting process.
- Launching a Permitting Action Plan to strengthen and accelerate Federal permitting and environmental reviews, with a sectoral focus on critical minerals.
- Releasing the National Blueprint for Lithium Batteries, 2021 – 2030 through the Federal Consortium for Advanced Batteries, which aims to put the U.S. on a path to long-term competitiveness in the global battery value chain. Launching the Battery Workforce Initiative, led by the Department of Energy in partnership with Department of Labor, to develop industry-recognized training and credentials to support rapid and high-quality workforce development.
- Launching the Partnership for Global Infrastructure and Investment, a whole-of-government initiative coordinated with G7 countries to drive infrastructure investment in low- and middle- income countries in strategic sectors, including the responsible mining of metals and critical minerals, and investing in new global refining, processing, and battery manufacturing sites.
- Establishing the Mineral Security Partnership, which includes Australia, Canada, Finland, France, Germany, Japan, the Republic of Korea, Sweden, the United Kingdom, the United States, and the European Commission, to catalyze investment from governments and the private sector for strategic opportunities —across the full value chain —that adhere to the highest environmental, social, and governance standards.
(20min delay)