DOE Invests $16 Million in Critical Minerals Talent

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In Short: The Department of Energy is pouring money into training for critical minerals to reduce dependence on China.

The Department of Energy (DOE) is making a significant investment of $16 million into training programs for critical minerals, aiming to bolster domestic capabilities and reduce reliance on China.

According to energy journalist Haley Zaremba, the U.S. is keen to reclaim its share of the global critical minerals market from China, which currently holds a dominant position.

The Trump administration has already signed over 150 critical minerals deals worth more than $40 billion, reflecting the growing importance of these materials in powering the tech manufacturing sector.

China's control over critical minerals refining has actually increased from 70 percent to 72 percent over recent years, highlighting the strategic importance of these resources.

The International Energy Agency predicts that global demand for critical minerals will more than double by 2040, driven by the expansion of renewable energy technologies and electric vehicles.

This surge in demand underscores the critical need for the U.S. to develop its own refining capacities and secure its supply chains, thereby reducing vulnerabilities tied to Beijing's economic and political leverage.

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America Is Paying a Lot for Fuel, Not Running Out of Gasoline Haley Zaremba is an energy journalist and researcher with more than a decade of professional experience covering global energy systems, land and natural resources, and… The United States is desperate to claw back some of the global critical minerals share from China.
The United States has been investing heavily in critical minerals in recent years, especially when it comes to refining capacities.
Especially when you consider the fact that critical minerals are only set to grow in economic importance on a global scale.

Sources

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