US Loans $2 Billion to Redwood Materials for Battery Anode Foil Production

Anode foil is a critical component in batteries

February 10, 2023

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U.S.-based battery materials producer Redwood Materials received a conditional commitment for a $2 billion loan from the U.S. Department of Energy (DOE) to commence the production of anode foil, one of the most crucial components in a battery.

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Gourav Mishra

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US Loans $2 Billion to Redwood Materials for Battery Anode Foil Production

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