DoW strategic capital office signs a $250 million conditional loan commitment with 6K
On Nov. 5, the Department of War's Office of Strategic Capital announced a $250 million conditional loan commitment with 6K, Inc. to scale NMC cathode production in Jackson, Tennessee. The release says this would catalyze an additional $250 million in private capital, that the U.S. produces less than 1% of its NMC cathode needs domestically, and that more steps are required before financial close.

















