White House Seeks Critical Minerals Funding In Ukraine War Request

The Biden administration’s latest request for funding to counter Russian’s invasion of Ukraine includes $500 million in support of its use of the Defense Production Act (DPA) to boost production of critical minerals used in multiple clean energy technologies including electric vehicles. The request will “help address economic disruptions and reduce price pressures at home and around the world,” the White House says in an April 28 fact sheet referencing the proposed $500 million to speed production of the minerals...