{"id":1332941,"date":"2022-02-23T14:23:30","date_gmt":"2022-02-23T19:23:30","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1332941"},"modified":"2022-02-23T14:23:37","modified_gmt":"2022-02-23T19:23:37","slug":"biden-pledges-multi-million-dollar-package-to-shore-up-u-s-supply-chains-of-rare-earth-materials","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-pledges-multi-million-dollar-package-to-shore-up-u-s-supply-chains-of-rare-earth-materials\/","title":{"rendered":"Biden pledges multi-million dollar package to shore up U.S. supply chains of rare earth materials"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">30<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbiden-pledges-multi-million-dollar-package-to-shore-up-u-s-supply-chains-of-rare-earth-materials%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1332941&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div id=\"attachment_2675692\" class=\"wp-caption aligncenter\">\n<p id=\"caption-attachment-2675692\" class=\"wp-caption-text\">A worker in China shifts soil containing rare earth minerals intended for export in 2010. Rare earths are used in important technologies. (Getty Images)<\/p>\n<\/div>\n<h5>OAN Newsroom<br \/>UPDATED 11:09 AM PT \u2013 Wednesday, February 23, 2022<\/h5>\n<p>Joe Biden\u2019s pledge to bolster America\u2019s supply chain sounds reminiscent of his predecessor. He appeared to take a page out of the 45th president\u2019s \u2018America First\u2019 playbook. On Tuesday, Biden held a meeting with several business executives, cabinet members and California Governor Gavin Newsom (D) to discuss the supply chain crisis plaguing the U.S. economy.<\/p>\n<p>Biden pledged to spend $35 million to shift processing rare earth materials to U.S. facilities and $700 million to create more than 350 jobs in the magnet supply chain by 2024. He said his goal is to bring manufacturing jobs back to America.<\/p>\n<blockquote>\n<p><strong>\u201cWe need a future that\u2019s made in America,\u201d Biden stated. \u201cAlmost exactly a year ago, I issued an executive order to prioritize strengthening our domestic supply chain because when I found out was that, you know, if I was going to follow through on my commitment to say we were going to make it in America and build it in America and have all of it built in America, we needed a supply chain that was that was reliable.\u201d<\/strong><\/p>\n<\/blockquote>\n<p>He went on to say his administration is committed to combating China\u2019s hold on America\u2019s supply chain. Biden even reiterated Donald Trump\u2019s promise to put products on shelves that tout being made in America.<\/p>\n<blockquote>\n<p><strong>\u201cChina has spent several years cornered the market on many of the materials that power the technologies that we rely on,\u201d Biden explained. \u201cThat\u2019s why I committed us to build a clean energy supply chain stamped \u2018Made in America\u2019 and \u2018Made in America\u2019 means using products, parts and materials as well as minerals right here that are in the United States of America. It means betting on American workers.\u201d<\/strong><\/p>\n<\/blockquote>\n<p>His remarks came after Republican lawmakers sounded the alarm on America\u2019s dependence on China\u2019s supply chain as the coronavirus coronavirus brought these cleavages to light. In 2020, Sen. Marsha Blackburn (R-Tenn.) introduced the <a href=\"https:\/\/www.congress.gov\/bill\/116th-congress\/senate-bill\/3432\/text\">Securing America\u2019s Medicine Cabinet Act<\/a> amid shortages of essential medical treatments and equipment for COVID-19. Additionally, Sen. Ted Cruz (R-Texas) claimed China cut off supply of these materials to the U.S. to further escalate the trade war with former President Trump.<\/p>\n<p>In the meantime, a slew of U.S. companies are joining Biden\u2019s campaign to shore up America\u2019s supply of rare earth materials. Warren Buffet\u2019s Berkshire Hathaway Energy plans to make a new demonstration facility in Imperial County, California in the spring to test the viability of extracting lithium.<\/p>\n<p>Meanwhile, Tesla vowed to source high-grade nickel for its cars\u2019 batteries from Minnesota. Also, Redwood Materials, which is founded by Tesla co-founder J.B. Straubel, is partnering up with Ford to collect and recycle electric vehicle batteries for essential rare earth materials at Redwood\u2019s Nevada facility.<\/p>\n<h4>MORE NEWS:\u00a0<a href=\"https:\/\/www.oann.com\/john-lott-biden-aiming-to-ban-85-of-guns-sold-in-u-s\/\">John Lott: Biden Aiming To Ban 85% Of Guns Sold In U.S.<\/a><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>A worker in China shifts soil containing rare earth minerals intended for export in 2010. Rare earths are used in important technologies. (Getty Images) OAN NewsroomUPDATED 11:09 AM PT \u2013<\/p>\n","protected":false},"author":1,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1332941","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1332941","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1332941"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1332941\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1332941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1332941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1332941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}