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Trump administration to claw back $3.7B in clean energy and manufacturing awards
Large corporations and growing startups were wrapped up in the latest move by the Trump administration to undo Biden-era contracts.
His statement did not cite specific reasons why the projects were canceled, but pointed to a memorandum he issued on May 15, which suggests that the department may attempt to use its audit powers to rescind the awards. “Sublime was surprised and disappointed to receive the news about the termination of our Industrial Demonstrations Program award, given the clear progress we’ve made in scaling our American-invented technology, partnering with some of the Western World’s largest cement producers, and generating a bankable customer base,” spokesperson Rob Kreis said via email. “As the first U.S.-based alumina plant in a generation, our project — which would also make portland cement —would clear a ‘mine-to-metal’ path for U.S. aluminum production, fortifying the U.S. critical mineral supply chain and creating thousands of jobs,” she added.
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