Biden moves to blunt China’s electric battery dominance

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Biden moves to blunt China’s electric battery dominance
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“We can’t build a future that’s made in America if we ourselves are dependent on China for the materials that power the products of today and tomorrow,” President Joe Biden …

By Kathleen Ronayne | Associated Press

He also touted efforts to extract lithium from geothermal brine found around California’s Salton Sea. Biden said U.S. demand for such materials will grow by 400% to 600% over the next several decades. Las Vegas-based MP Materials runs the Mountain Pass mine and processing facility that is the only one of its kind in North America. It extracts rare earth metals and produces a concentrate that’s exported for use in other countries. Such metals are used to produce magnets necessary for batteries in electric cars and many other items.

Elsewhere, Biden touted lithium production efforts in California. Newsom has called the state the Saudi Arabia of lithium, a reference to that country’s abundance of oil.

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