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InsideEVs
InsideEVs
Technology
Dan Mihalascu

Department Of Energy Approves $107M Loan To Tesla Graphite Supplier

Tesla Inc. Department of Energy DOE Louisiana

A Tesla supplier of battery-ready graphite has been awarded a conditional loan of up to $107 million by the US Department of Energy (DOE) towards expanding its US plant.

Syrah Technologies LLC, a US subsidiary of Australia's Syrah Resources Ltd, will use the loan offered through the DOE's Loan Programs Office (LPO) to expand its manufacturing facility in Vidalia, Louisiana. 

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