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ARTICLE · 03 MARCH 2022

Federal Spending Plan Creates New Opportunities For Industry Sectors

Lewis Brisbois Bisgaard & Smith LLP
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On February 22, the White House announced actions under the Infrastructure Investment and Jobs Act (IIJA) to promote domestic production of critical minerals, lithium and lithium batteries, ...

United StatesGovernment, Public Sector
Karen C. Bennett
Karen C. Bennett
Jane Luxton
Jane Luxton
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Washington, D.C. (March 1, 2022) - On February 22, the White House announced actions under the Infrastructure Investment and Jobs Act (IIJA) to promote domestic production of critical minerals, lithium and lithium batteries, clean hydrogen and carbon capture, utilization, and sequestration (CCUS) technologies. These actions focus on addressing U.S. demand for minerals and technologies to support the country's energy transition as well as incentivizing public-private partnerships and innovation in these industries.

The White House announcement identified major steps in the Biden Administration's development of domestic critical mineral supply chains and marked the one-year anniversary of Executive Order 14017, which called for a review of the domestic critical minerals supply chain. The subsequent review, released in June 2021, found that U.S. over-reliance on foreign sources of critical minerals posed potential threats to U.S. economic security. In response to these

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