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U.S. Awards $500M to Boost Domestic Lithium, Graphite and Rare Earth Production

Summary by WebProNews
The United States government has allocated more than 500 million dollars to seven companies working on materials essential to clean energy technologies and national defense. This funding round, managed through the Department of Energy, aims to expand domestic production of critical minerals and reduce dependence on foreign suppliers, particularly from countries that currently dominate global processing chains. The awards target projects that wil…

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digitalmarketreports.com broke the news on Monday, August 24, 2026.
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