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6K Receives Conditional Commitment for $250 Million Loan from the U.S. Department of War to Support Domestic Cathode Active Material Expansion

Source: PR Newswire

Trade Policy & Supply ChainRenewable Energy TransitionInfrastructure & DefenseCompany Fundamentals

6K Inc. announced conditional financing from the U.S. Department of War intended to support construction of its PlusCAM™ production facility in Jackson, Tennessee. The project is presented as strengthening the U.S. battery supply chain; the available article text provides no financing amount or further terms.

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