) ( Graphite One or the Company ) offers the following comment on a new Executive Order (EO) issued by U.S. President Joseph R. Biden on February 24, 2021, aimed at strengthening critical U.S. supply chains. The EO identifies three technology sectors as critical supply chains: advanced semiconductors, high-capacity batteries, including Electric Vehicle (EV) batteries , and pharmaceuticals. The EO also identifies critical minerals and other… strategic materials as a fourth supply chain, essential to technology manufacturing and the Defense Industrial Base. In addition to being a U.S. Government-listed Critical Mineral, graphite is an essential material for both the renewable and EV Battery sectors, and for advanced semiconductor manufacturing.
Graphite One Comments on New U S Presidential Executive Order Elevating EV Battery Sector as Critical Supply Chain
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Graphite One Comments on New U S Presidential Executive Order Elevating EV Battery Sector as Critical Supply Chain
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On February 10, 2021, the Small Business Administration (SBA) announced new policy changes to the Paycheck Protection Program (PPP) meant to address an ongoing issue loan applicants face regarding validation error codes. These error codes serve as validation checks to combat fraud and prevent improper loans from being issued to ineligible businesses. However, many eligible businesses have received such error codes during the application and forgiveness process, delaying necessary economic relief.
SBA’s new changes grant additional authorities to lenders for borrowers experiencing validation error code challenges. Read more here.
The First 100 Days: President Biden’s Buy American Executive Order, What Government Contractors Need to Know, February 11, 2021, Jackie Unger and Anna Sullivan