The U.S. Department of Energy (DOE) awarded a $470,105,475 Project Grant on January 1, 2025 to Mitra Future Technologies, Inc. (d/b/a Mitra Chem) under the Manufacturing and Energy Supply Chain Demonstrations and Commercial Applications program (CFDA 81.253). The objective of this grant is to establish 15 kilotonnes per annum (KTPA) of domestic manufacturing capability for lithium iron phosphate (LFP) cathode active materials compliant with the Inflation Reduction Act (IRA) for use in energy storage systems (ESS) and electric vehicle (EV) applications. This funding supports the expansion and modernization of domestic manufacturing capabilities for clean energy technologies, with a focus on strengthening U.S. manufacturing and energy supply chains to reduce foreign dependencies and support decarbonization efforts.
Generated 3/4/25, 7:11 AM