Ruby Graphite Deposit, Montana
Department of Energy Awarding $2.8Billion USD to Expand Domestic Manufacturing of Batteries for EVs
Department of Energy Graphite related grants awarded in 2022 are:
Ruby Deposit is a prime candidate for US-sponsored initiatives which seek to establish domestic supply chains:
“The United States depends on unreliable foreign sources for many of the strategic and critical materials necessary for the clean energy transition — such as lithium, nickel, cobalt, graphite, and manganese for large-capacity batteries. Demand for such materials is projected to increase exponentially as the world transitions to a clean energy economy.”
~ Presidential Determination 2022-11, President, Joe Biden
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