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DEMS0000101

Project Grant

Overview

Grant Description
Bipartisan Infrastructure Law: Rev Nickel: A partnership between a next-generation critical mineral processing company and the only operating US nickel mine to turn waste streams.

The objective of the project is to establish significant production capability, at an industrial scale, of sustainable intermediate nickel and other critical mineral products through the implementation of a regional nickel hub.
Funding Goals
CONSISTENT WITH THE GOALS OF THE BIPARTISAN INFRASTRUCTURE LAW SECTIONS 40207(B) AND 40207(C) THIS ANNOUNCEMENT INTENDS TO FUND PROJECTS THAT PROMOTE THE USE OF MORE CLEAN ENERGY, CREATE NEW, GOOD-PAYING JOBS AND LOWER COSTS FOR AMERICAN FAMILIES AND WORKERS BY GUIDING THE NATION TOWARDS A 100% CARBON POLLUTION-FREE ELECTRICITY SECTOR BY 2035 AND NET-ZERO ECONOMY BY 2050.
Place of Performance
Houghton, Michigan 49931-1871 United States
Geographic Scope
Single Zip Code
Revex Technologies was awarded Rev Nickel: Sustainable Nickel Production Partnership for Regional Hub Project Grant DEMS0000101 worth $122,993,646 from the Department of Energy in January 2025 with work to be completed primarily in Houghton Michigan United States. The grant has a duration of 1 year and was awarded through assistance program 81.253 Manufacturing and Energy Supply Chain Demonstrations and Commercial Applications. $253,000,000 (67.0%) 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.

Status
(Complete)

Last Modified 1/21/25

Period of Performance
1/15/25
Start Date
1/14/26
End Date
100% Complete

Funding Split
$123.0M
Federal Obligation
$253.0M
Non-Federal Obligation
$376.0M
Total Obligated
33.0% Federal Funding
67.0% Non-Federal Funding

Activity Timeline

Interactive chart of timeline of amendments to DEMS0000101

Additional Detail

Award ID FAIN
DEMS0000101
SAI Number
None
Award ID URI
SAI NOT AVAILABLE
Awardee Classifications
Small Business
Awarding Office
892433 NATIONAL ENERGY TECHNOLOGY LABORATORY
Funding Office
892412 OFFICE OF MANUFACTURING AND ENERGY SUPPLY CHAINS (MESC)
Awardee UEI
YHZQHVPZ1LE9
Awardee CAGE
9QKJ3
Performance District
MI-01
Senators
Debbie Stabenow
Gary Peters
Modified: 1/21/25