MESC expects to make up to $500 million of federal funding available for new awards under this funding opportunity. MESC may issue one, multiple, or no awards. Individual awards may vary between $50,000,000 and $200,000,000. The estimated period of performance for each award will be approximately 24-48 months.The funding opportunity is anticipated to support demonstration and/or commercial facilities processing, recycling, or utilizing for manufacturing critical materials which may include traditional battery minerals such as lithium, graphite, nickel, copper, aluminum, as well as other minerals that are contained within commercially available batteries, such as rare earth elements. Applicants should consider and identify potential downstream domestic customers of their material or product. In awarding grants to entities under the program, DOE will give priority to applicants that (1) will not use battery material supplied by or originating from a Foreign Entity of Concern (FEOC), and (2) will not export recovered critical materials to a FEOC. In May 2024, the Department issued final interpretive guidance on the statutory definition of FEOC in Section 40207 of the IIJA in May 2024.
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