Energy · 52 views
DOE reinstates $57M American Battery grant
American Battery Technology Co. won its appeal after the agency canceled the grant last year.
AI Summary
American Battery Technology Co. won an appeal after the Department of Energy rescinded its $57 million grant, restoring the funding. The company will proceed with its plan to construct a $115 million lithium refinery. The grant had been canceled in October when DOE withdrew $700 million in battery‑related grants, citing missed milestones and concerns about economic viability. American Battery noted it was among hundreds of projects affected by the cancellations.
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