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DOE awards $19M to 13 initiatives in fossil-fuel areas to produce rare earth elements and critical minerals

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The US Department of Energy (DOE) awarded $19 million for 13 projects in traditionally fossil-fuel-producing communities across the country to support production of rare earth elements and critical minerals essential to the manufacturing of batteries, magnets, and other components important to the clean energy economy.

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DOE NETL selects 12 fossil-fuel power systems projects for funding

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Siemens Corporation. DOE: $750,000 Non-DOE: $187,500 Total: $937,500 (20% cost share). EPRI) will team with Babcock and Wilcox Company and Wyman-Gordon to qualify improved high-performance structural materials for use in current power plants to improve flexibility. Cost: DOE: $749,058 Non-DOE: $187,264 Total: $936,322 (20% cost share).

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