EVelution Energy

EVelution Energy had the privilege of participating at the first annual DIBC | Defense Industrial Base Consortium symposium in San Diego this week. We congratulate the Office of the Under Secretary of Defense for Acquisition & Sustainment, the DoD Office for Industrial Base Policy and the Manufacturing, Capability Expansion, and Investment Prioritization Directorate (MCEIP) on their outstanding efforts in helping to rebuild and diversify America’s defense industrial base, and in particular, in helping to domesticate and derisk our critical mineral supply chain from potential adversaries. Evelution Energy is proud to be a part of this effort, building the first solar-powered cobalt processing facility in the U.S., in Yuma County, Arizona.

EVelution Energy co-founders, Navaid Alam and Gil Michel-Garcia, hosted a fundraiser in Phoenix for U.S. Representative Ruben Gallego, who is running to become the next Senator of the State of Arizona. We were very impressed by his charm and humility, and his genuine outreach to independent voters. We thank Rep. Gallego for his strong support of our efforts to build the first solar-powered cobalt processing facility in the U.S., in Yuma County, Arizona. With his invaluable assistance EVelution Energy is creating more than 3,000 new jobs and bringing more than $700 million in additional economic activity to the State of Arizona.

EVelution Energy’s Co-Founder and General Counsel, Gil Michel-Garcia, participated as a panelist at the Arizona Tech Council’s Clean Energy & E-Mobility Summit, an event highlighting Arizona’s future-forward industries including batteries, electric vehicle manufacturing, and renewable energy. Thanks to the leadership of AZ Governor Katie Hobbs and the Arizona Commerce Authority, Arizona has become one of the leading states in the U.S. in building a domestic EV supply chain. EVelution Energy is proud to be part of this growing ecosystem in Arizona.

Rare earth materials is a topic too important to not get behind! National Security issue!

Great effort here by EVelution Energy! Getting domestic #criticalminerals & #cobalt processing up and running as fast as possible needs to be a #nationalsecurity priority for both #Congress & the #Administration. Thanks to the #Bipartisan #Infrastructure Bill and the #InflationReductionAct, the U.S. Department of Energy (DOE) and United States Department of Defense now have authorized programs & funding to address this challenge. Now, we need focus and execution to make real progress. We also strongly support efforts by the House Appropriations Committee & the United States Senate Committee on Appropriations to increase funding for these efforts through DPA Title III, OSC, MESC, LPO, & Export-Import Bank of the United States’s CTEP & MMIA programs. While #permittingreform efforts continue, we need access to additional upstream #mining supplies from US allies—the U.S. Department of State, Us Department Of Commerce, U.S. International Development Finance Corporation & the US Trade Representative are playing an absolutely critical role here, but they need more flexibility and support. Thrilled to see the new effort by the House Select Committee on the Chinese Communist Party considering #supplychain issues so seriously. Re-establishing domestic and allied processing is an essential step toward addressing both supplychain deficiencies & market manipulations plaguing US national interests in this sector. Great work guys!

EVelution Energy’s senior management was honoured to have been invited to the Pentagon to brief the Deputy Assistant Secretary of Defense for Industrial Base Policy on our plan to build the first solar powered cobalt processing facility in the US. When operational in 2027, our Arizona facility will be able to supply 20-40% of annual cobalt demand in the United States; thereby domesticating and substantially de-risking our cobalt supply chain from China.

General Motors is leading the way in circular transformation – and in the domestication and de-risking of our critical minerals supply chain from China. EVelution Energy is proud to be part of this effort, domestically producing the first carbon-neutral (solar-powered) IRA qualified EV battery grade cobalt sulfate in the United States (in Yuma County, AZ) for use by GM Posco at their groundbreaking CAM facility in Becancour, Quebec. #batteriesquebec #circularity #electric #batteries #evbatterymaterials #batterymaterials #energytransformation

Excellent article by Andrew Gulley in the Journal of Mineral Economics on the "Development of China's Monopoly over Cobalt Battery Materials". It is imperative that we do more to highlight and remedy our critical minerals processing dependency to China (particularly in Cobalt and Manganese). The US Government needs to redouble its efforts to domesticate and de-risk our critical minerals supply chain to protect the national and economic security interests of the United States. https://lnkd.in/geKMdEqH

Co-Founder and President of EVelution Energy , Navaid Alam, participated in a panel discussion at the Cobalt Institute Congress in New York where he spoke about Cobalt in the U.S. and our contributions to U.S. Critical Minerals Security of Supply, through the construction of the 1st solar powered cobalt processing facility in the U.S.; which facility when fully operational in 2027, will be able to supply 20%-40% of estimated U.S. cobalt demand. #criticalminerals #cobalt #energysecurity #energytransition #evelutionenergy Www.evelutionenergy.com

EVelution Energy is proud to be participating in the 2024 Cobalt Congress in NY City. Today our President and CEO, Navaid Alam, together with representatives of several of the other companies leading America’s energy transition, will delve into how they are preparing to expand cobalt supply capabilities in order to domestically supply the burgeoning EV battery market in the United States. Please join: • Jennifer Fendrick Director of Public Policy, KoBold Metals • Matthew Zolnowski President, Greyfriars LLC •Michael R. Hollomon, Commercial Director / Member of the Board of Managers, US Strategic Metals • Navaid Alam, President and CEO, EVelution Energy.