The US Department of Energy is proposing nearly $1 billion in funding to develop critical minerals, reducing dependence on foreign suppliers.

The Trump administration is announcing nearly $1 billion in funding to accelerate the development of critical US minerals and materials essential to modern technologies, including electric vehicle batteries and semiconductors. The measure aims to reduce dependence on countries like China and includes support for expanding the processing and recycling of these resources. The funding will support domestic supply chains and methods for refining minerals from mine tailings.