Minerals projects rush to close loans from the Biden administration in case Trump is reelected

Without those financial lifelines, many domestic critical minerals projects could be frozen in the planning stage, a step that could cripple the Western EV supply chain.

U.S. miners and battery recyclers are rushing to close government loans worth billions of dollars before January out of concern that former President Donald Trump would, if reelected, block funding needed to boost American output of critical minerals for the energy transition.