Reply to Trump cancels $700M in battery, manufacturing projects

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[quote=Anonymous][quote] The nixed grants appear to be the first the Department of Energy has confirmed from a list that outlines $20 billion in potential cuts.
The Department of Energy has canceled more than $700 million in battery and manufacturing awards, advancing the Trump administration’s efforts to nix Biden-era energy projects.

DOE told POLITICO’s E&E News on Friday that it canceled the five grants during the second week of October. The cuts appear to be the first that DOE has confirmed from a list of targeted projects circulating among lobbyists. Until now, it was unclear if DOE planned to move forward with scrapping any of the more than $20 billion in awards on the list.

The $700 million covers grants that the Biden administration awarded to battery companies Ascend Elements, American Battery Technology Co., Anovion and ICL Specialty Products, as well as a glass manufacturer LuxWall, according to DOE.
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From Alabama to Michigan
The nixed grants affect projects backed by the 2021 bipartisan infrastructure law.

The $197.3 million award to ICL Specialty Products was slated to help build a plant in St. Louis producing 30,000 metric tons annually of lithium-ion phosphate powder for the battery industry. The company did not respond to request for comment but said in a Securities and Exchange Commission filing last week that it was “reviewing DOE’s announcement and the implications thereof.”

The largest canceled award — $316 million to Ascend Elements — was intended to support the manufacture of components from recycled electric vehicle batteries at a planned $1 billion plant in Hopkinsville, Kentucky. The battery components would compete with supply that now comes primarily from China, the company said.
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The $117 million award to Anovion was intended to support production of synthetic graphite for lithium-ion battery anodes, including through construction of a large plant in Alabama. Anovion did not respond to a request for comment on Friday.

LuxWall planned to use its $31.7 million DOE grant for construction of an advanced glass factory at the site of an old coal plant in Detroit. In announcing the funding in 2023, the Biden administration said the company’s products would support energy efficient windows that could help slash building emissions.
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https://www.eenews.net/articles/doe-cancels-more-than-700m-in-battery-manufacturing-projects/

These projects were funded to allow the US to have a chance at catching up to the Chinese and develop a US supplier and demand for rare earth minerals. That is done now along with a boatload of manufacturing jobs. There is no investment coming in to the US. Trump has shut it down.[/quote]

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