Category: Policy

EnergyManufacturingPolicy

Federal Government Withdraws $700 Million in Battery Manufacturing Grants Amid Project Reviews

The U.S. Department of Energy has terminated over $700 million in grants for battery and manufacturing initiatives, stating the projects failed to meet key milestones. Companies affected include ICL Group and American Battery Technology, with broader cuts anticipated across the clean energy sector.

Grant Terminations Announced Following Project Evaluations

The Department of Energy (DOE) has reportedly canceled more than $700 million in grants previously allocated to battery and manufacturing projects, according to recent statements. A spokesperson indicated that the initiatives had missed critical milestones and were deemed insufficient in advancing national energy objectives. Sources within the agency emphasized that the projects were not economically viable and would not yield a positive return on taxpayer investment.

by Priya Kapoor
EconomyPolicyTrade

U.S.-Australia Critical Minerals Partnership Spurs Market Optimism Amid Implementation Questions

A new critical minerals agreement between the United States and Australia has ignited investor enthusiasm in mining sectors. While political leaders celebrate the strategic partnership, industry experts caution that significant details remain unresolved and challenging China’s market dominance will require substantial time and investment.

Strategic Minerals Agreement Sparks Market Reaction

A newly signed critical minerals deal between the United States and Australia has reportedly triggered a rally in mining stocks, according to market analysts. The agreement, signed by U.S. President Donald Trump and Australian Prime Minister Anthony Albanese in Washington, has generated investor optimism about potential projects that could diversify global supply chains for minerals essential to defense and modern technologies.

by Priya Kapoor