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Stockhead Eye on Lithium: Biden’s $3 billy to boost US battery output

US President Joe Biden has announced a $3.16 billion boost to bolster domestic supply chains of critical materials used to make lithium-ion batteries.

Joe Biden - making a great fist of lifting the US’s production of lithium-ion batteries, with a $3 billion handout. Picture: Getty Images
Joe Biden - making a great fist of lifting the US’s production of lithium-ion batteries, with a $3 billion handout. Picture: Getty Images

US President Joe Biden has announced a $3.16 billion boost from the bi-partisan infrastructure package to bolster domestic supply chains of critical materials used to make lithium-ion batteries.

Read the full story in Eye on Lithium, by clicking here.

This content first appeared on stockhead.com.au

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Original URL: https://www.theaustralian.com.au/business/stockhead/stockhead-eye-on-lithium-bidens-3-billy-to-boost-us-battery-output/news-story/7c565b63d19d8852ce0cd65f428f773b