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By David Shepardson
WASHINGTON, July 27 (Reuters) - The U.S. Energy Department said on Wednesday it had closed a $102.1 million loan to Syrah Technologies LLC for expansion of a facility that produces graphite-based active anode material, a key component for lithium-ion batteries.
It was the first loan from the Advanced Technology Vehicles Manufacturing (ATVM) Loan Program finalized since 2011, and the first ATVM loan exclusively for an automotive suppl...
>>> Read more: UPDATE 1-U.S. finalizes $102.1 mln loan to Syrah Resources for Louisiana plant
By David Shepardson
WASHINGTON, July 27 (Reuters) - The U.S. Energy Department said on Wednesday it had closed a $102.1 million loan to Syrah Technologies LLC for expansion of a facility that produces graphite-based active anode material, a key component for lithium-ion batteries.
It was the first loan from the Advanced Technology Vehicles Manufacturing (ATVM) Loan Program finalized since 2011, and the first ATVM loan exclusively for an automotive suppl...
>>> Read more: UPDATE 1-U.S. finalizes $102.1 mln loan to Syrah Resources for Louisiana plant
