Syrah also managed to get some US Department of Energy funding for its graphite processing plant. This is an Australian company mining outside the USA, shipping to the US (Louisiana) for further process before the product is used in the batteries of EV's and getting US Department of Energy loan funding towards the project. The product itself is at present dominated by Chinese production.
Its not a big stretch that E25 could go down the same pathway of seeking US Department of Energy loan funding. E25 is also an Australian company mining outside the USA, and would be shipping to the US (Louisiana) for further processing before the product is used in the batteries of EV's. HPMSM is also a product where production is dominated by Chinese production.
Ann: HPMSM Feasibility Progressing on Schedule for 2022 Delivery, page-14
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