U.S. Rep. Derek Kilmer on Nov. 3 announced $1.35 million in new federal funding for the Pacific Northwest National Laboratory (PNNL) to evaluate the feasibility of extracting Rare Earth Elements (REEs) and Platinum Group Metals (PGMs) from macroalgae for use in energy applications.
The US Department of Energy has announced up to $5 million in funding to evaluate the feasibility of extracting rare earth and other high-value trace critical minerals from macroalgae.