The U.S. Department of Energy has announced to allocate $5 million to explore the feasibility of extracting rare earth elements (REE) and other critical raw materials from macroalgae to secure additional domestic sources besides traditional mining. The financing stems from the Advanced Research Projects Agency-Energy (ARPA-E) which funds new technologies that are typically too early in development for private-sector investment.
Read more: https://rawmaterials.net/u-s-government-is-funding-critical-mineral-extraction-from-algae/?source=Snapzu
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