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DEMS0000001

Project Grant

Overview

Grant Description
New award to Albemarle U.S. Inc.
Award number: DE-MS0000001
Project title: Bipartisan Infrastructure Law (BIL) - Kings Mountain Lithium Materials Processing Plant
Awardee
Albemarle U.S
Funding Goals
THE FOA SUPPORTS THE BIPARTISAN INFRASTRUCTURE LEGISLATION (BIL) GOALS OF DELIVERING MORE CLEAN ENERGY, CREATE NEW, GOOD-PAYING JOBS AND LOWERING COSTS FOR AMERICAN FAMILIES AND WORKERS BY GUIDING THE NATION TOWARDS A ONE HUNDRED PERCENT CARBON POLLUTION-FREE ELECTRICITY SECTOR BY 2035 AND NET-ZERO ECONOMY BY 2050.
Grant Program (CFDA)
81.253 - Manufacturing and Energy Supply Chain Demonstrations and Commercial Applications
Awarding Agency
National Energy Technology Lab (NETL) [DOE]
Funding Agency
Department of Energy (DOE)
Place of Performance
Kings Mountain, North Carolina 28086-3615 United States
Geographic Scope
Single Zip Code
Related Opportunity
Bipartisan Infrastructure Law (BIL) Battery Materials Processing and Battery Manufacturing Funding Opportunity Announcement (DE-FOA-0002678)
Analysis Notes
Infrastructure $149,658,312 (100%) percent this Project Grant was funded by the 2021 Infrastructure Act.
Amendment Since initial award the End Date has been extended from 06/14/24 to 06/14/25.
Albemarle U.S was awarded BIL Award: Kings Mountain Lithium Processing Plant Project Grant DEMS0000001 worth $149,658,312 from the Department of Energy in June 2023 with work to be completed primarily in Kings Mountain North Carolina United States. The grant has a duration of 2 years and was awarded through assistance program 81.253 Manufacturing and Energy Supply Chain Demonstrations and Commercial Applications. $244,407,734 (62.0%) of this Project Grant was funded by non-federal sources. The Project Grant was awarded through grant opportunity Bipartisan Infrastructure Law (BIL) Battery Materials Processing and Battery Manufacturing Funding Opportunity Announcement.

Status
(Ongoing)

Last Modified 7/11/24

Period of Performance
6/15/23
Start Date
6/14/25
End Date
96.0% Complete

Funding Split
$149.7M
Federal Obligation
$244.4M
Non-Federal Obligation
$394.1M
Total Obligated
38.0% Federal Funding
62.0% Non-Federal Funding

Activity Timeline

Interactive chart of timeline of amendments to DEMS0000001

Subgrant Awards

Disclosed subgrants for DEMS0000001

Transaction History

Modifications to DEMS0000001

Additional Detail

Award ID FAIN
DEMS0000001
SAI Number
None
Award ID URI
SAI EXEMPT
Awardee Classifications
For-Profit Organization (Other Than Small Business)
Awarding Office
892433 NATIONAL ENERGY TECHNOLOGY LABORATORY
Funding Office
892412 OFFICE OF MANUFACTURING AND ENERGY SUPPLY CHAINS (MESC)
Awardee UEI
GN23KTEVJXP7
Awardee CAGE
07660
Performance District
NC-10
Senators
Thom Tillis
Ted Budd

Budget Funding

Federal Account Budget Subfunction Object Class Total Percentage
Energy Efficiency and Renewable Energy, Energy Programs, Energy (089-0321) Energy conservation Grants, subsidies, and contributions (41.0) $149,658,312 100%
Modified: 7/11/24