Westwater Resources is building a facility in Alabama to process one of the largest graphite deposits in the US
Charged EVs
AUGUST 1, 2023
Now, if you look at just the materials half of the $7,500 tax credit, there’s $3,750 available, and graphite is on a short list of critical materials, along with lithium, cobalt, nickel and a few others. If you do the math and make some assumptions, it means $550-600 of the total tax credit is attributable just to graphite.
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