Washington | Australian-backed companies are among winners of $US2.8 billion ($4.5 billion) in grants from the Biden administration aimed at ramping up onshore production and processing of critical minerals for electric vehicle batteries and defence technologies.
US President Joe Biden said on Wednesday (Thursday AEDT) his government was working to reduce US reliance on China for critical minerals for his country’s decarbonisation and defence needs.
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Matthew Cranston is the United States correspondent, based in Washington. He was previously the Economics correspondent and Property editor. Connect with Matthew on Twitter. Email Matthew at mcranston@afr.com
