The bill modifies the Energy Act of 2020 to expand the definition of critical minerals to include critical materials designated by the Department of Energy (DOE).
The ruling removes the last major obstacle for the $250 million project, located 150 km northeast of Guayaquil.
The IEA is placing a strong focus on critical minerals analysis, with the Agency set to release a World Energy Outlook special report this month.
The world's biggest nickel producer has bought record volumes of the ore from the Philippines since April.
Reuters | November 15, 2024 | 10:21 am