DOE Unveils Fresh $1 Billion Funding To Boost US Critical Minerals
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 14 2025
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Source: Benzinga
Funding for Critical Minerals: The U.S. Department of Energy plans to allocate nearly $1 billion to enhance domestic mining, processing, and manufacturing technologies for critical minerals, aiming to reduce reliance on foreign sources and strengthen national security.
Targeted Investments: Various DOE offices will distribute funds for specific projects, including $50 million for rare-earth magnet supply chains, $250 million for mineral recovery from industrial processes, and $500 million for battery materials processing and recycling.
Analyst Views on REMX
Wall Street analysts forecast REMX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for REMX is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
