US DOE Awards $500 Million for Critical Mineral and Battery Projects

Published: Aug 24, 2026 19:15

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【US DOE Awards $500 Million for Critical Mineral and Battery Projects, Nth Cycle Receives $100 Million for Black Mass Processing】 The U.S. Department of Energy has awarded a total of $500 million to seven projects aimed at expanding domestic critical mineral processing, battery manufacturing and recycling capacity. Battery recycler Nth Cycle will receive $100 million to develop a facility to process black mass from end-of-life lithium-ion batteries and battery manufacturing scrap into high-purity metals and battery-grade materials. The DOE said the funding aims to strengthen the U.S. critical mineral and battery supply chain and reduce reliance on overseas sources

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