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US backs minerals projects with $500M in grants

The Trump administration plans to back US minerals projects with $500M in grants, with Lilac Solutions, Jervois and Nth Cycle each set to receive $100M, according to a Reuters report citing a document seen.

JERVOISLILACSOLUTIONTHCYCLE

Trump administration to back US Minerals projects with $500M in grants (Reuters) Lilac Solutions, Jervois and Nth Cycle each receive $100M, document seen shows Grants support seven companies building Minerals processing, recycling and Battery Materials projects Energy Department says selected projects offer highest return in needed Battery ecosystem areas