6K lines up up to $250M US loan to build battery cathode plant on its AM powder process
6K, the maker of UniMelt-based metal powders for additive manufacturing, has a conditional offer of up to $250 million from the US Department of War. The money would build the PlusCAM plant in Jackson, Tennessee, which applies the same microwave plasma process to lithium-ion battery cathode. Nothing is paid out until government due diligence and a list of conditions are met.