U.S. Critical Mineral Projects now eligible for loan guarantees

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Lisa Murkowski News

U.S. Critical Mineral Projects,U.S. Department Of Energy,DOE Loan Guarantee

Lisa Murkowski pushed for the U.S. Critical Mineral Projects to be eligible for the U.S. Department of Energy (DOE) loan guarantee program.

Lisa Murkowski pushed for the U.S. Critical Mineral Projects to be eligible for the U.S. Department of Energy loan guarantee program.FAIRBANKS, Alaska - Senator Lisa Murkowski pushed for the U.S. Critical Mineral Projects to be eligible for the U.S. Department of Energy loan guarantee program.on Wed. preceding the revised guidance for Title 17 DOE loan guarantee. This revision came after Murkowski spoke out about DOE’s misinterpretation of federal law.

“There should be no question that U.S. mines are eligible for DOE’s loan guarantee program, because I wrote the statute to ensure that would be the case. I’m glad the Department has taken my advice, re-read the law, and deemed U.S. critical mineral projects eligible for loan guarantees.” This guidance is good, but the job’s not done. What we need now is for the Department to go beyond words, beyond funding projects that lock in long-term mineral imports from abroad, and to instead support domestic projects—in states like Alaska—that will strengthen our economy and security.” Murkowski added.

“It’s great to see the Department of Energy recognizing and leaning into the fact that strong minerals supply chains begin in the mine, with extraction.

“We look forward to seeing this policy gain traction on the ground and hope to see more guidance and programs from across the agencies acknowledge that responsible sourcing starts in American mines.” Nolan added.held by the Energy and Natural Resources Committee, Murkowski questioned Deputy Secretary of Energy, David Turk, in which he responded that he was “happy to talk in depth with and your staff on this and to work through it.

 

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