E25 element 25 limited

Ann: E25 HPMSM project selected for US$166M DoE Grant, page-179

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    In the news yesterday SYR got a tax credit of US$165m. They were selected by the Department of Energy for a grant of up to $220m by the US DoE under the Bipartisan Infrastructure Law Battery Materials Processing and Battery Manufacturing Grant. This grant was then implemented by the IRA so they have completed the process of receiving grant monies that E25 is part of. Like E25, their money was via the DoE Battery Material Processing Grant Program.
    https://hotcopper.com.au/data/attachments/6733/6733328-134713734c6bb46401843682bee35dd5.jpg

    This was SYR's original announcement on 20 Oct 2022:
    https://hotcopper.com.au/data/attachments/6733/6733325-8594827d774691b7ea48525444bdc90f.jpg

    And yesterday's ASX release:
    https://hotcopper.com.au/data/attachments/6733/6733322-300d5c358d8d578cea136d06f53bd7fa.jpg
 
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