There is something that I don't quite get it. In the EFL's news release, they said their new plant at Jamestown would cost $75 million. However, the Biden Administration specifically states that the minimum for a plant is $100 million in order to qualify for subsidy. Perhaps someone here can enlighten me.

https://ca.finance.yahoo.com/news/biden-administration-announces-31-billion-for-americas-battery-shortage-170756595.html

The money will be made available in the form of grants to companies looking to build plants in the U.S. to process the raw components of batteries into finished products. Officials note the funds will require a match from the recipient company, and the minimum grant will be $50 million. That means the new plants will cost, at a minimum, $100 million each.