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The Office of Critical Minerals and Energy Innovation within the Department of Energy has initiated the PROSPECT Planning Prize, which will grant individual mining and minerals programs up to $1 million each to enhance or establish educational opportunities for personnel engaged in the extraction, processing, recovery, and recycling of essential minerals. This initiative addresses the growing shortage of skilled workers as the United States aims to strengthen its domestic mineral supply chains and lessen dependence on international sources, notably from China. The Department of Energy has set an audacious objective: to double the number of graduates entering the mining, minerals, and associated supply-chain sectors within a mere two years.
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00:00The U.S. just put real money behind rebuilding an industry that's been shrinking for decades,
00:05domestic mining.
00:06The Department of Energy's Office of Critical Mineral and Energy Innovation launched the
00:11Prospect Planning Prize, offering mining and minerals programs awards of up to $1 million
00:16each.
00:17The goal is expanding education for workers who extract, process, and recycle critical
00:22minerals, the raw materials behind everything from batteries to defense technology.
00:27The program targets a widening workforce shortage as the country builds domestic mineral supply
00:32chains and cuts reliance on foreign sources, especially China.
00:37DOE's target is ambitious, doubling the number of graduates entering mining fields within
00:41just two years.
00:43Officials say without a trained workforce, mineral resources won't matter if nobody's qualified
00:48to extract them.
00:49Disclosure.
00:50This video contains stock footage and content created or enhanced using AI-assisted tools.
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