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DOE grants $375M loan for lithium battery recycling pla...

The U.S. Department of Energy will provide $375 million in loans to a battery recycling company to build its first, and one of the first, lithium ion battery recycling plants in North America. Experts have long talked about recycling the lithium in batteries because mining can be environmentally destructive and supplies in the Earths crust ultimately may be limited. There have been three such announcements of lithium recyling plants in recent weeks.
New York United States Casa Grande Technology Vehicles Manufacturing Loan Program Department Of Energy To Li American Battery Technology Company

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DOE Loan Programs Office: 2023 Updates, Overview And Key Insights - Renewables

Following the first two years of the Biden Administration, and fresh off of the successful passage of the Inflation Reduction Act (IRA) and the Infrastructure Investment and Jobs Act (IIJA), the U.S. Department of Energy Loan Programs Office (LPO) is flush with new funds.
Jigar Shah Holland Knight Critical Minerals Energy Infrastructure Reinvestment Financing Us Department Holland Knight Clean Technology Team
Source: mondaq.com

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