Exclusive: Biden campaign tells miners it supports domestic production of EV metals

Joe Biden's campaign has privately told U.S. miners it would support boosting domestic production of metals used to make electric vehicles, solar panels and other products crucial to his climate plan, according to three sources familiar with the matter, in a boon for the mining industry.

President Donald Trump, Biden's Republican opponent in the Nov. 3 election, has issued executive orders to encourage U.S. mining. "A Biden administration would emphasize green energy, and in order to get more solar panels, you need more raw materials," said one of the sources, speaking on the condition of anonymity."These materials don't come out of a test tube."

That could bolster efforts by Chilean miner Antofagasta Plc's Twin Metals subsidiary to secure federal permits to build a Minnesota copper mine.Lithium miners including Lithium Americas Corp, Albemarle Corp, Standard Lithium Corp and others, especially, are seen as additional winners in a Biden presidency, as the white metal is key to build EV batteries.

Environmental groups across Minnesota, Nevada and Arizona - three battleground states that employ thousands of miners - told Reuters they will lobby Biden strongly to oppose new mines should he defeat Trump.

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