Critical Minerals Factbook
Federal instrument · Loan

DOE ATVM Direct Loan to Syrah Technologies for the Vidalia Active Anode Material Facility (July 2022)

The U.S. Department of Energy's Loan Programs Office issued a $102.1 million direct loan to Syrah Technologies, LLC under the Advanced Technology Vehicles Manufacturing (ATVM) program to expand the Syrah Vidalia active anode material facility in Vidalia, Louisiana. LPO offered a conditional commitment to lend up to $107 million on 18 April 2022 and announced the closed loan on 27 July 2022 as the first ATVM loan since 2011. The DOE project page states all its information is current as of July 2022.

Facts on this page last re-verified Aug 13, 2026 — the oldest verification date among its current claims. How we verify.

Financial state: Definitive agreement

Program: DOE Loan Programs Office - Advanced Technology Vehicles Manufacturing (ATVM) Loan Program · U.S. Department of Energy, Loan Programs Office

Primary source: U.S. Department of Energy · published Jul 27, 2022

Terms

Principal$102.1M (approximate amount of the loan facility approved at closing including principal and any capitalized interest, as stated on the DOE Loan Programs Office project page)

Immutable financial events

  1. Apr 18, 2022 · Conditional commitment
  2. Jul 27, 2022 · Definitive agreement

Operational milestones are displayed on the linked facility line, not duplicated in this ledger.

Sources