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US DFC approves $150M conditional loan commitment for Balama graphite mine in Mozambique

Green Car Congress

The US Development Finance Corporation’s (DFC’s) Board of Directors approved the provision of up to $150 million in financing to Twigg Exploration and Mining—a wholly-owned subsidiary of Australia-based Syrah Resources Limited—to fund investments in the company’s graphite mining and processing operation in Balama, Mozambique.

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Eos Energy launches $500M Project AMAZE with $398.6M conditional loan guarantee from DOE; long-term zinc-based storage

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The issuance of conditional commitment by the DOE was preceded by legal, technical and commercial due diligence by the LPO to evaluate the loan and the project’s potential to meet market demand and commercial and environmental benchmarks.

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Li-Cycle receives conditional commitment for $375M loan from DOE ATVM program

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The conditional commitment follows DOE technical, market, financial and legal due diligence and marks another significant milestone endorsing Li-Cycle’s development of the first commercial hydrometallurgical resource recovery facility in North America, located near Rochester, New York. Li-Cycle Holdings Corp.

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Digital Currency and Trade Systems Are Tearing up the Rules

Cars That Think

These platforms—which combine open alliance legal agreements (like Visa or Mastercard's legal agreements), distributed ledger technology (for example, blockchains like IBM's hyperledger ), and end-to-end encryption—can handle not only payments but also finance, trade, tax, and audits in a uniform manner.

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Velocys in strategic alliance with Morimatsu for modular, lower cost GTL and BTL plants

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Velocys expects the terms of the MOU to be reflected in legally binding documentation within the next few months. A core theme of Velocys’ new strategy is to deliver, jointly with partners, a “one-stop-shop” offer to customers— a fully integrated and financed, cost effective and operations-ready plant solution.

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Velocys establishes strategic alliance with TRI for gasification systems for BTL plants

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TRI will support Velocys and its partners to further optimise overall plant cost and the financing of BTL plants through, for example, accessing governmental loan guarantee processes and securing independent engineering reviews. The company expects the terms of the MoU to be reflected in legally-binding documentation within the coming months.

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Rivian IPO: What you need to know

Teslarati

The Finances So Far. Rivian’s S-1 filing with the SEC has provided a glimpse of the company’s finances so far. According to the document, the company expects to fill its pre-order backlog of approximately 55,400 R1 vehicles by the end of 2023. Legal Challenges to Date. Credit: eHauler/RivianForum ).