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U.S. Department of Energy selects Lilac Solutions for $100M award for Great Salt Lake project
Lilac SolutionsGreat Salt Lake Phase 1 DLE Plant
The U.S. Department of Energy selected Lilac Solutions for a $100 million award to support construction of its Great Salt Lake Phase 1 lithium carbonate facility. The award is part of the Bipartisan Infrastructure Law's battery materials processing program.
- $100M grant reduces capital requirement and de-risks project economics
- Award recognizes national interest in domestic lithium supply
- Complements Traxys offtake and Hatch partnership