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On July 5, Biden’s Interior Department blocked 28 million acres of federal land (D-1 lands) in the state of Alaska from any mining or oil and gas development, which removes an area the size of the state of Pennsylvania from resource development. The Biden administration also blocked a 211-mile gravel road, the Ambler Access Road, that would have connected […]
The Biden administration is expected to block an agency of the State of Alaska’s application to build a 211-mile road through northwestern Alaska to reach an area long known for its mineral richness. The road-building project is proposed by the Alaska Industrial Development and Export Authority (AIDEA) and is needed to access major copper and zinc deposits needed for […]
The United States could be a major global lithium producer if it were not for policies and regulations by the federal and state governments, which are hampering efforts to break China’s control of the critical minerals sector. Global lithium demand is expected to outpace supply by 500,000 metric tons annually by 2030 due to the push for […]
WASHINGTON DC (08/07/2023) – Last week, the Biden administration’s Department of Energy (DOE) released its latest Critical Minerals Assessment, which included uranium as a near-critical supply risk for the United States both in the short term and the medium term. And yet, this week The Washington Post is reporting that President Biden is planning a […]
The Environmental Protection Agency’s (EPA) new emissions standards for vehicles require manufacturers to increase overall fuel efficiency by over 25 percent by 2026, effectively mandating that electric vehicles make up two-thirds of new car sales. In order for customers to buy electric vehicles, manufacturers will have to make them less expensive than internal combustion vehicles, which will […]
On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss the debt ceiling battle, mineral dependency, EV mandates and more. This week they are joined by former professional hockey player and current Representative Pete Stauber (R-MN) to talk about the importance of domestic mineral production and a new paper from the Institute […]
China’s efforts to ramp up lithium extraction could see it accounting for nearly a third of the world’s supply by the middle of the decade. Chinese-controlled lithium mines, including those in Africa, are expected to increase output to 705,000 tons by 2025, from 194,000 tons in 2022—almost quadrupling the amount of its global supply and lifting China’s share […]
The Manchin/Schumer ”Inflation Reduction Act“ keeps and extends the $7,500 tax credit on electric vehicles and removes the numerical cap but there are a number of stipulations related to obtaining the full credit, one of which is where the battery materials are made. To qualify for $3,750 of the credit, an increasing share of a vehicle’s battery […]
President Biden and his administration do not want to mine American-owned minerals on public lands. Rather, Biden wants to use American taxpayer funds. The Department of Defense asked Congress to let it fund facilities in these countries that process strategic minerals used to make electric vehicles and weapons. Existing law does not allow Defense Production Act […]
Last week, President Biden invoked the Defense Production Act to increase domestic production of minerals used in making electric vehicles, such as nickel, lithium and cobalt. The president said that the country depended on unreliable foreign sources for many materials necessary for transitioning to the use of renewable energy and reports have stressed this for years. The irony of […]