Surge Battery Metals Inc. V.NILI

Alternate Symbol(s): NILIF

Metals & Mining Industrial Metals & Minerals

Surge Battery Metals Inc. is a Canadian-based company. The Company’s Nevada North Lithium Project flagship property is dedicated to exploring clean high-grade lithium energy metals in Nevada USA - essential for powering tomorrow's electric vehicles. The Company’s management team boasts a strong track record of delivering significant shareholder value. The Company is led by a board and management team with seasoned lithium experts, who previously played pivotal roles in the successful Millennial Lithium venture (sold to Lithium Americas for US$491 million).

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Surge Battery Metals Inc.

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Post by deepoil0808on Nov 07, 2024 12:40am

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Post# 36300265

Deadline: Sept 30, 2026 ($ 40 billion loan + $ 3.6 billion)

Inflation Reduction Act Guidebook

Funding MechanismLoan Guarantees
Program DescriptionTo support the cost of loans for innovative clean energy technologies. IRA provides $40 billion of loan authority supported by $3.6 billion in credit subsidy for projects eligible for loan guarantees under section 1703 of the Energy Policy Act of 2005. This loan authority is open to all currently eligible Title 17 Innovative Clean Energy technology categories, including fossil energy and nuclear energy, and new categories of activities, including critical minerals processing, manufacturing, and recycling.
Period of AvailabilityTo remain available through September 30, 2026.