Unpacking the Infrastructure Package: Critical Minerals ...
Transcript of Unpacking the Infrastructure Package: Critical Minerals ...
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Unpacking the Infrastructure Package: Critical Minerals, Batteries, and Supply Chain PrioritiesErik Olson, Principal & COO, Venn Strategies
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USG Begins the Focus on Batteries 2017-2020
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July 2020Biden releases Build Back Better Plans
Dec 2017President Trump announces Executive Order on critical minerals
Feb 2018USGS publishes a list of 35 critical minerals
June 2019The Trump Administration releases a critical minerals strategy
Jan 2020The U.S. and Canada sign a joint critical minerals plan
Sep 2020The Trump Admin releases a new critical minerals and materials Executive Order
July 2020The bipartisan Congressional Critical Materials Caucus is launched
May 2019Senate Energy and Natural Resources leadership introduce the American Minerals Security Act
Sep 2020The Federal Consortium for Advanced Batteries is launched
Dec 2020DOE releases the Energy Storage Grand Challenge Roadmap
Nov 2020Joe Biden is confirmed as the 46th President of the United States
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Introducing BMTC
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The Battery Materials & Technology Coalition (BMTC) was launched in December 2020 as the voice of the upstream and midstream battery supply chain. Member companies are united behind a shared interest in growing a North American supply chain – complete from mine to battery cell production on the factory floor. Comprised of companies that mine, extract, process, and recycle battery materials as well as develop cathode, anode, and battery technology enhancements, BMTC members are established companies in the U.S. and Canada looking to ensure that North America does not bypass the opportunity to be a leader in a growing global battery market and electrified economy.
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The Biden Administration – All Eyes on Infrastructure
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President Biden during a tour at a Ford facility.
• The Biden Administration made infrastructure the heart of his Build Back Better plans
• Biden’s American Jobs Plan includes battery manufacturing and EV priorities
• Department of Energy Secretary Jennifer Granholm has established herself as an outspoken advocate for manufacturing batteries in the U.S.
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Making Batteries a Congressional Priority
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Reflected on ARRA and drafted $10B funding ask
Established alliances with Congressional energy leaders in the House and Senate
Worked closely with Congressman Mike Doyle (D-PA) who championed the legislation
Discussed priorities with WH, DOE, DOI, and DOD to foster interest and support
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2021 Timeline
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2021
February Biden Admin releases Executive Order 14017 on America’s Supply Chains
June DOE and DOD release their 100-Day Supply Chain Reviews which focus on high-capacity batteries and strategic and critical materials
JulyA Bipartisan group of Representatives introduce the Battery Material Processing and Component Manufacturing Act
AugustSenate passes the $1T bipartisan infrastructure package, including $6B for battery processing and manufacturing
JulyHouse Natural Resources Subcommittee on Energy & Minerals holds a hearing on mining reform
JulyBMTC holds a briefing with the Critical Materials Caucus
AugustBiden Admin announces goal for 50% EV sales by 2030
JuneBMTC hosts a roundtable with CABC on U.S.-Canada collaboration on critical minerals processing
JuneFCAB releases the National Blueprint for Lithium Batteries
MayBiden announces that grants for battery manufacturing are part of his Jobs Plan during a visit at a Ford EV plant
MayBMTC hosts a panel discussion for the House Manufacturing Caucus
AprilBiden announced his Infrastructure Plan in PA –which included $175B for EVs
February-AprilActive Congressional engagement on the Clean Futures Act, LIFT Act, GREEN Act, and Endless Frontiers Act
August-SeptemberHouse Committee Reconciliation markups
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The Two Infrastructure Packages
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Bipartisan Infrastructure Package• $1T package, of which $550B is new
infrastructure spending• Includes massive investments in public
transit, water infrastructure, and the highway system
• $6B in battery processing, manufacturing, and recycling grants
• Other provisions include critical minerals, battery recycling, EV charging, EV buses, and studies on EV supply chains
Reconciliation• $3.5T budget framework passed along
party lines• Includes sweeping changes to health
care, education and tax laws, and climate change priorities
• Clean energy and auto supply chain provisions are championed in Senate and House energy committees
• Other issue areas include hard rock mining, investments in clean vehicles, and clean energy / manufacturing / transportation tax incentives
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What happens next?
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Committee reconciliation markups – Sept 15 deadline House to vote on the Bipartisan Infrastructure
Package by Sept 27th
House to move the reconciliation bill in October and Senate to follow by November
Congress has a long to do list FY22 National Defense Authorization Act “China Competition Bill” Funding the Government, current deadline 9/30 Debt Ceiling needs to be raised Eviction Ban Afghanistan Voting Rights Bill January 6th Select Committee
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2022: Infrastructure Package Implementation
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January – March: Agencies and offices begin to structure and implement new programs
March – August: Agencies begin to release Requests for Information and Funding Opportunity Announcements
July – December: Funding allocation and program implementation
Also next year:- Additional supply chain initiatives- Mining reform
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Erik Olson, Principal & COO, Venn [email protected]
Emma Bishop, Senior Associate, Venn [email protected]
Thank You!