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
Fastmarkets has launched three new critical minerals prices on Friday May 1 to improve transparency in the US market. The additional prices are: MB-BI-0004 – Bismuth 99.99%, ddp US, $/lbMB-IN-0005 – Indium 99.99%, ddp US, $/kgMB-GA-0003 – Gallium 99.99%, ddp US $/kg The launch of the bismuth and indium price assessments follow a consultation period […]
Capital is flowing back into junior mining, but selectively. Investment is increasingly favouring development‑stage assets with clearer paths to production, supported by government funding and strategic partnerships. While demand for critical minerals underpins the cycle, early‑stage explorers continue to struggle for capital as investors prioritise discipline, ESG alignment and near‑term cash flow.
Price Reporting Agencies (PRAs) like Fastmarkets are helping more F&B companies manage packaging and ingredient costs by providing a unified, comprehensive view of their true cost drivers. Find out how.
Fastmarkets’ April 2026 revision to its global crude steel production forecast underscores how policy actions, geopolitical disruptions and cost pressures are reshaping the near-term steel supply outlook.
US-based Lyten is linking its battery manufacturing ambitions to the rapid expansion of data center infrastructure, while using former Northvolt assets to accelerate its scale-up, its chief marketing officer said in an interview on Thursday April 23.
China’s emergence over the past two decades has reshaped global trade. What began as rapid export-led expansion in the early 2000s has evolved into a far more strategic model: one centered on control of intermediate goods, deep integration into global supply chains, and the creation of structural dependencies across industries and regions, according to Mexico’s former ambassador to China, Jorge Guajardo.