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Global Trade Alert

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United States of America: DOE awards TerraVolta Resources USD 225 million to support the company’s lithium extraction and refining project

Description

On 20 September 2024, the US Department of Energy announced that it would award TerraVolta Resources USD 225 million in funding to build a commercial-scale facility in the Texarkana region to extract ...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

20 Sep 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 Products

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