The Department of Defense has awarded Canadian-based South Star Battery Metals a $3.2 million grant to support production at its BamaStar graphite project in Alabama. Entered under the Defense Production Act Title III authorities and utilizing funds appropriated by the Inflation Reduction Act, the grant will enable South Star to perform a bankable feasibility study on the planned mine. South…
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Albemarle gets DoD funding for NC lithium mining
Essential element company Albemarle has received approval from the U.S. Department of Defense for $90 million in grant money to back the restart of the Kings Mountain mine in North Carolina. The funding, provided by the Office of the Assistant Secretary of Defense for Industrial Base Policy, utilizing Defense Production Act authorities, will also help boost domestic critical material processing…
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