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US announces further $6B in tax credits

Around a quarter of the funding is going to critical mineral projects

Isabeau van Halm
US president Joe Biden at the General Motors electric vehicle assembly plant in Detroit in 2021.

US president Joe Biden at the General Motors electric vehicle assembly plant in Detroit in 2021. | Credits: White House/Adam Schultz

The US Department of the Treasury and Internal Revenue Service (IRS) announced US$6 billion in tax credits for clean energy and critical materials projects. The funding is part of the second round of...

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