President Joe Biden is preparing a new plan to boost domestic supply of key battery metals. Currently, the United States imports more than half of its annual consumption of 31 of the 35 critical minerals. The immediate supply chain crunch for the major battery metals is not going away anytime soon. The Biden Administration is preparing to give legislative impetus to domestic mining of key battery minerals as it aims to reduce foreign reliance on critical metals in the push for clean energy. U.S. President Joe Biden is expected to invoke this week a defense law to allow access to funding for American companies, which can be used to boost productivity and safety and upgrade existing operations, sources with knowledge of the plans told Reuters . Still, the planned addition of key battery metals to the list of items in the 1950 Defense Production Act is not expected to […]