As one of 31 technology hubs in the United States, the Missouri Institute of Technology-led Advanced Energy Technology Hub Critical Minerals and Materials will be considered for federal funding ranging from $40 million to $70 million.
The university is currently hosting workshops to strategize on how to make the strongest possible case.
“A recent workshop at S&T’s Kennedy Experimental Mine Construction attracted many participants from academia, industry, workforce development, and all levels of government who support this effort,” the study said. said Dr. Kwame Awua Ofei, Executive Director of the Institute. Tech hub.
“We are one of only two tech hubs focused on critical minerals and materials, and we have made it clear to the federal government why our region of Missouri is ideal for this large-scale investment. It is essential to do so.”
Science-driven high-tech hub considered for $40 million in federal funding
The hub’s first workshop, held in mid-December, focused on testbeds to promote strategic planning, process development, workforce development, business and entrepreneurial development related to critical minerals and energy production. Focused on construction. The hub’s focus is on the acquisition and processing of critical minerals and materials needed for advanced energy applications.
More than 400 applications have been submitted to the U.S. Department of Commerce’s Economic Development Administration (EDA) to become one of the country’s Regional Innovation and Technology Hubs (TechHubs) funded through CHIPS and the Science Act. In addition to being designated as a technology hub, S&T was awarded a $500,000 Strategic Development Grant for regional planning and coordination to further develop its regional economic development strategy.
Tech Hub’s official region includes 14 Missouri counties, including Carter, Crawford, Dent, Howell, Iron, Madison, Oregon, Phelps, Reynolds, Shannon, St. Francois, and St. John’s. Genevieve, Texas, Washington.
As one of the applicants who earned the Tech Hub designation, the S&T hub will be considered for tens of millions of dollars in funding after submitting a Phase 2 application. These applications will be submitted by the end of February 2024, after which EDA will select between 5 and 10 winners.
Awuah-Offei said that with EDA’s support, this testbed facility will help critical minerals and materials manufacturers test new equipment and scale up process designs from bench scale to pilot scale. It says it helps save time.
From there, Hub leaders hope that members of the CM2AE consortium, made up of key Hub stakeholders, will develop a demonstration plant to manufacture and process critical minerals and materials, before a full-scale plant will eventually become available. I hope that it will be built in.
“This will be a major economic boost for our region and impact the entire country. The broader economic impact of this tech hub is expected to exceed $40 billion, and EDA’s support will help make this possible.” ‘Reality will be the key to ‘reality,”’ Awua Ofei said.
Awuah-Offei said Missouri S&T is uniquely positioned to lead the tech hub for several reasons.
First, the university has been a leader in mining, mineral processing, and extractive metallurgy for more than 150 years. Additionally, there is a large workforce ready to fill the thousands of high-paying jobs that will be created in the region as a result of new manufacturing initiatives.
Awua Ofei said Missouri is home to 29 of the 50 critical minerals identified by the U.S. Geological Survey, and the CM2AE consortium stands ready to work with the hub and strongly support this effort. He said a tech hub also makes sense in the science and technology sector, as there are several members who are .
S&T also hosts the National Science Foundation-supported Resilient Supply of Critical Minerals National Workshop each year, and the university was awarded $16 million by the Missouri Department of Economic Development for critical minerals research. .
Tech Hub’s next Strategy Development Workshops will be held on January 3rd at the Doe Run Clubhouse in Viburnum, MO and on January 19th at the Fredericktown Outreach Center at Mineral Area College in Fredericktown, MO .
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