The U.S. Department of Defense has announced a $4.22 million award to Rare Earth Salts in Beatrice, Neb., for developing and expanding production of terbium oxide from recycled fluorescent light bulbs. Terbium is an essential element for rare earth magnets in many key defense systems. It makes up less than 1% of the total rare earth content in most deposits.…
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DoD backs domestic graphite project
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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