Evidence from credible sources supports the statement as accurate. Learn more in Methodology.
Public announcement and award of $18.1 million in DPA Title III funds to 5N Plus Inc. for the stated purpose of increasing U.S. germanium refining capacity.
Multiple credible defense-industry outlets and the DoD’s industrial base announcements list confirm the Department of Defense (DoD) announced a Defense Production Act (Title III) award of $18.1 million to 5N Plus Inc. to expand germanium metal refining capacity (for a St. George, UT facility). The award was reported as a DPA Title III investment intended to increase U.S. refining capacity for germanium metal. Verdict: True — contemporaneous DoD announcement and defense trade reporting corroborate the $18.1M DPA Title III investment to 5N Plus to expand germanium refining capacity.