E25 element 25 limited

Ann: E25 HPMSM project selected for US$166M DoE Grant, page-116

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    Page 6 of the attached document itemises the funding opportunity milestones
    The selection announcements for the grants were planned for August 2024 (a couple of weeks late)
    Award negotiations to be completed by January 25
    The negotiations are mainly about obtaining mutual agreement on achievable milestones during construction linked to progressive funding release and any further outstanding matters such as land purchase, FID, etc
    https://www.energy.gov/sites/default/files/2024-02/FOA%203099%20Battery%20Materials%20Processing%20and%20Battery%20Manufacturing%20Grants%20BIL%2040207%20%28b%29%28c%29%20Applicant%20Webinar_01.24.24_0.pdf


 
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