The Trump administration will provide over $2 billion in funding support to four battery and mining companies
2026-08-08 03:30:28
According to CoinMeta, White House officials stated that the Trump administration will provide over $2 billion in financial support to four battery and mining companies. Among them, the battery startup Sila Nanotechnologies has received a loan of $1.4 billion from the Pentagon, and the Australian company Sunrise Energy Metals has reached a loan agreement of $400 million with the Pentagon for the production of scandium.
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Source：The Wall Street Journal
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