$30 Million in DOE Grants for Green Technologies Free of Rare Earth Elements

Reuters reported on the Department of Energy’s initiative to reduce dependence on rare earths from China.

The market news is quoted as saying:

Since 2009 the high-risk research fund has doled out $363 million in federal stimulus dollars for 121 energy projects and is now in its fourth round of funding. President Obama says he wants to add $550 million to ARPA-E next year.

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