The Defense Production Act will support the production and processing of minerals and materials needed to build batteries for the transportation and power sectors.
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On Thursday, President Joe Biden announced that he was issuing a directive to use the Defense Production Act to boost the production and processing of critical minerals and other materials such as lithium, nickel, cobalt, graphite, and manganese. These are substances needed to make batteries, which can in turn power electric vehicles and store renewable energy.
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