US Announces $6 Billion to Clean Up Heavy Manufacturing
- Century Aluminum poised to use funds to build new smelter
- More than 30 projects get grants of as much as $500 million
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The Biden administration is awarding about $6 billion in grants to help cut emissions from metals, chemicals and other hard-to-decarbonize industries, including funding to build the first new US aluminum smelter in 45 years.
Century Aluminum Co., once a central beneficiary of former President Donald Trump’s trade war, is set to receive as much as $500 million in funding for the facility, according to a statement Monday. That would double the size of the nation’s current domestic production of the energy-intensive metal while also reducing emissions by an estimated 75%.