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10 Feb
18:55

Redwood Materials gets conditional $2 billion loan from US DOE

US battery component manufacturer and recycler Redwood Materials is in line to receive a $2 billion loan from the US Department of Energy for its flagship integrated campus, Kallanish learns from a company statement.  Redwood aims to bolster the US’ domestic supply of anodes and cathodes by producing them in-country and with materials gleaned from recycled batteries. It’s aiming for 100 gigawatt-hours - or enough for 1 million electric vehicles - …
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