Revex Technologies Secures $145 Million DOE Grant for REV Nickel Project
Revex Technologies has been awarded a $145 million grant from the U.S. Department of Energy’s Office of Manufacturing and Energy Supply Chains (MESC) to advance the REV Nickel Project. The funding, issued on January 15 but delayed due to administration changes, will support sustainable nickel concentrate production from metal-bearing waste streams, including mine tailings and spent lithium-ion batteries (LIBs).
The project, in collaboration with sub-recipient Eagle Mine LLC, will strengthen the domestic critical mineral supply chain, produce nickel essential for U.S. manufacturing, and create clean-tech jobs. Revex and its partners have also committed to community benefits across northern Michigan, focusing on workforce development through partnerships with tribal communities, Michigan Tech University, and Northern Michigan University.
Revex’s mineral processing solutions will reclaim and remediate over a decade of stored tailings while also processing new material from Eagle Mine and other regional developments. The company’s three planned facilities in northern Michigan include:
- Eagle Paste Facility: Processes mine waste to produce paste backfill and nickel-iron sulfide.
- reClaim Facility: Uses roasting and reduction technology to produce Green Nickel Concentrate.
- reCover Facility: Extracts cobalt, nickel, and lithium from spent LIB batteries.
The project is expected to add 115 new clean-tech jobs, retain 425 jobs at Eagle Mine, and support 360 construction jobs. Additionally, it will expand the Community Environmental Monitoring Program (CEMP), which includes Eagle Mine, Superior Watershed Partnership, the Keweenaw Bay Indian Community, and the Marquette Community Foundation.
Revex is also pursuing a $50 million grant from Michigan’s ‘Make it in Michigan Competitiveness Fund’ and aims to bring the project into full operation within four to five years.
