Global Trade Alert
Global Trade Alert

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United States of America: Department of Energy announces a USD 475 million loan for a lithium battery recycling plant

Description

In November 2024, the US Department of Energy (DOE) announced providing USD 475 million in loans to Li-Cycle US Holdings Inc for the construction of a lithium-ion battery resource recovery facility in...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Dec 2024

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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