Unstable supply chains are in no one's interest - DOE's Jigar Shah and $285 billion in IRA loans

Diversified supply chains are necessary, said Jigar Shah, director of the Loan Programs Office, U.S. Department of Energy. On Tuesday, Shah spoke to Kitco Mining. After the Biden administration passed the Inflation Reduction Act nearly two years ago, Shah's office has been behind notable mine financings, such as $102.1 million to Syrah Technologies LLC to process graphite, and $2.26 billion to Lithium Americas for Thacker Pass. The goal of the IRA is to invest in America's domes...