Joe Biden’s campaign has privately told US 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.
The Obama administration enacted rigorous environmental regulations that slowed U.S. mining sector growth during its time in office. Biden, who served as Obama’s vice president and is well-regarded in conservation circles, has been expected to continue in that vein.
Cadence Minerals plc (LON:KDNC) provides mining services. The Company focuses on finding lithium and other technology minerals in new places, as well as offers extracting services.