Critical Materials projects can help secure U.S. supply chains and support the clean energy transition. LPO is helping critical materials projects cross the bridge to bankability by financing projects like Syrah Vidalia.

Illustration of critical materials project


Syrah Vidalia is the first battery-grade natural graphite active anode material supplier in the U.S., supporting the growing EV industry
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LPO Announces Conditional Commitment to Ioneer Rhyolite Ridge to Advance Domestic Production of Lithium and Boron, Boost U.S. Battery Supply Chain
DOE's Loan Programs Office (LPO) has offered a conditional commitment to lend up to $700 million to Ioneer Rhyolite Ridge LLC to develop a domestic supply of lithium carbonate for electric vehicle (EV) batteries in Esmeralda County, NV
January 13, 2023
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LPO Offers First Conditional Commitment for Critical Materials Project for Syrah Vidalia to Support Domestic EV Supply Chain
DOE’s Loan Programs Office has offered a conditional commitment to lend up to $107 million to Syrah Technologies, LLC to expand its capacity to produce critical materials for lithium-ion batteries at the Syrah Vidalia Facility in Vidalia, Louisiana
April 18, 2022
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How LPO Can Consider EV Battery Supply Chain Projects
How LPO's Advanced Technology Vehicles Manufacturing Loan Program (ATVM) can support the domestic battery supply chain.
June 8, 2021
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DOE Announces Actions to Bolster Domestic Supply Chain of Advanced Batteries
In concert with White House report on supply chain vulnerabilities, DOE takes immediate steps to create jobs and secure America’s economic competitiveness.
June 8, 2021
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Battery Supply Chain and Critical Minerals Projects Could be Eligible for LPO Debt Capital
Learn how DOE's Loan Programs Office can potentially provide access to debt capital for battery supply chain and critical minerals projects
July 16, 2020
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