✉news EnvironmentEnergy first seen 7 h ago, last 7 h ago, peak #28
USCIS Clears EB-5 Funding for First Solar-Powered US Cobalt Plant
Original: USCIS Approves EB-5 Investment Offering for First Solar-Powered Cobalt Processing Facility in U.S.
US immigration authorities have approved an EB-5 investment offering for what is described as the first solar-powered cobalt processing facility in the United States. The decision allows foreign investors to pursue US residency by funding the project, which combines cobalt refining, a critical mineral for batteries, with solar energy. It highlights growing US efforts to build domestic supply chains for battery materials.
Why now: Interest in domestic critical minerals and battery supply chains is surging, and EB-5 approval signals a new way to finance such projects.
Evidence
- USCIS Approves EB-5 Investment Offering for First Solar-Powered Cobalt Processing Facility in U.S. · Business Wire
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