VIDALIA, La. (AP) An Australian company’s Louisiana subsidiary can get up to $107 million in U.S. Department of Energy loans to expand a plant that produces materials for electric car batteries the department said Monday.
US 'clean energy' loan for Australian plant in Louisiana kstp.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kstp.com Daily Mail and Mail on Sunday newspapers.
The Department of Energy’s (DOE’s) Loan Programs Office (LPO) has offered a conditional commitment for a US$107-million loan to Syrah Technologies to fund the expansion of its Vidalia graphite-based active anode material (AAM) facility in Louisiana to 11.25 ktpa AAM production capacity. (Earlier post.) With this newly expanded production capacity,.