Federal grant · cooperative agreement (b)
In Project Nexcast – the Next Generation Aluminum Mini Mill, Golden Aluminum Aims to Demonstrate the Nexcast-caster, a Groundbreaking Piece of Continuous Cast Equipment, as an Alternative to the Energy Intensive Direct-chill (DC) Casting Process. in This Project, Flat-rolled, Low-carbon Aluminum Products Are Planned Be Produced at a Comparable Quality to Market Standards for Automotive and Packaging Customers While Increasing Scrap Usage and Reducing Natural Gas Use and the Associated Emissions. This Project Is Expected to Prove Out the Aluminum Mini Mill Concept at an Accelerated Schedule, and If Replicated Will Allow for Additional Volume of Aluminum Products to Be Brought to Market at a Lower Carbon Intensity and Water Usage Than DC Products. the Data Generated and Shared With the Department of Energy and the United States’ Aluminum Industry Will Advance the Nation's Leadership in Cost-effective Decarbonization. Additionally, This Project Aims to Benefit the Community by Providing Upskilling to Existing Workers and Training Opportunities for New Workers and Students. the Project Contributes to the Development of the Workforce to Manufacture Low-carbon Aluminum Products and Will Act as a Role Model Demonstrating Labor and Community Benefits When Decarbonizing the Industry.
Committed
$22.3 Million
Paid out
$7.5M
34%
Committed, not yet paid
$14.8M
66%
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The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
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One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .
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