Lithium, rare earth production could provide jobs for coal miners, US energy secretary says

The United States’ transition to new energy will require increased domestic mineral production, Energy Secretary Jennifer Granholm said on Tuesday March 9.

“Many parts of the country are sitting on top of the materials that we need to produce battery technologies,” Granholm said during a webinar hosted by renewable advocacy group Securing America’s Future Energy.

Granholm said that there would be “huge demand” for sustainable mineral supply chains in the US, both to serve the US electric vehicle (EV) industry and to provide jobs for coal miners who may be affected by falling demand for fossil fuels.

“Having [coal workers] mine for critical materials is a natural shift for them,” Granholm said.

Granholm’s statement underlined growing US policy support for domestic critical mineral production, which has continued despite the recent change in administration.

US President Joe Biden’s executive order to strengthen American manufacturing, which he signed during his first week in office in January 2021, is expected to have a direct effect on demand for US-produced raw materials.

“American manufacturing […] must be part of the engine of American prosperity now,” Biden said. “We’ll buy American products and support American jobs.”

The US is currently reliant on imported lithium, cobalt and rare earths for use in EVs, even as those vehicles become increasingly crucial to the government’s new energy program.

In a meeting with automotive manufacturers and labor leaders in February, US Secretary of Transportation Pete Buttigieg restated the need for “transformative investments” to create jobs in the automotive sector while moving to a new energy economy.

And the US Energy Department in March said it would reopen a clean energy loan program with more than $40 billion on offer.

What to read next
After a consultation period from July 1 to July 31, Fastmarkets made the decision to discontinue these assessments because the premium no longer reflects market conditions, because the market typically trades on an outright price basis instead of as a premium to Chicago Mercantile Exchange futures. For that reason, Fastmarkets will discontinue the AG-WHE-0025 Wheat 10% FOB […]
The US is launching its first Strategic Minerals Reserve at Hawthorne Army Depot in Nevada, designed as a platform for storage, refining and recycling to strengthen supply chain security.
Fastmarkets has corrected its AG-CH-0039 Hides, Colorado branded steers, regular-weight, $/piece, AG-CH-0040 Hides, Colorado branded steers, regular-weight, $/lb and AG-CH-0027 Hides, Heavy native dairy steers, $/piece, which were published incorrectly on August 20, 2025.
The DRC cobalt export ban has continued to reduce China’s cobalt intermediate imports in July 2025, driving tighter supply and higher prices. Meanwhile, Chinese cobalt metal exports remained stable despite ongoing market disruptions.
Global lithium-ion battery recyclers are grappling with a severe feedstock shortage, driving up competition for scrap and impacting production capacity. The situation is affecting pricing trends for black mass and battery metals across Europe, Asia and the US.
The US is confronting a copper supply shortfall, but one company believes that it already holds the key to unlocking hundreds of thousands of tonnes of refined copper – right here, right now.