The US Department of Defense cancelled the bid to purchase lithium from strategic reserves, once again underscoring that it faces serious obstacles in expanding the supply of key minerals. According to an announcement published on Monday on the US Defense Logistics Administration's official website, the agency has withdrawn a tender plan to purchase nearly 36 million pounds of battery-grade lithium carbonate, with a maximum contract value of 300 million US dollars. The Defense Logistics Agency did not explain the reason for canceling the tender.

The US Department of Defense cancelled the bid to purchase lithium from strategic reserves, once again underscoring that it faces serious obstacles in expanding the supply of key minerals. According to an announcement published on Monday on the US Defense Logistics Administration's official website, the agency has withdrawn a tender plan to purchase nearly 36 million pounds of battery-grade lithium carbonate, with a maximum contract value of 300 million US dollars. The Defense Logistics Agency did not explain the reason for canceling the tender.