EXCLUSIVE-Biden looks abroad for electric vehicle metals, in blow to U.S. miners ...Middle East

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EXCLUSIVE-Biden looks abroad for electric vehicle metals, in blow to U.S. miners
source : Devdiscourse ( Middle East ) () 39
U.S. President Joe Biden will rely on ally countries to supply the bulk of the metals needed to build electric vehicles and focus on processing them domestically into battery parts, part of a strategy designed to placate environmentalists, two administration officials with direct knowledge told Reuters. The plans will be a blow to U.S. miners who had hoped Biden would rely primarily on domestically sourced metals, as his campaign had signalled last autumn, to help fulfill his ambitions for a less carbon-intensive economy.

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