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US Minerals Industries Are Booming. Here's Why.

13 Mar 2023 | Abstracted from MIT Technology Review

"...the Inflation Reduction Act (IRA), enacted last year, restricts EV tax credits to vehicles with batteries that contain a significant portion of minerals extracted or refined within the US...Billions of dollars of investments in battery materials have been announced in North America since the IRA passed...The 'domestic content requirements' helped spark or accelerate those plans, observers say. But it's still not clear which nations will qualify for providing the processed materials..."


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