By Jamie Martin
The Department of Energy (DOE) has closed a $1.5 billion loan to Wabash Valley Resources, LLC, marking a major step toward revitalizing American fertilizer production.
Announced by U.S. Secretary of Energy Chris Wright, the loan will fund the restart of a coal gasification plant in West Terre Haute, Indiana, which has been idle since 2016. The upgraded facility will use Indiana coal and petcoke to produce 500,000 metric tons of anhydrous ammonia each year.
“For too long, America has been dependent on foreign sources of fertilizer,” said U.S. Energy Secretary Chris Wright. “Under President Trump’s leadership, we are changing that by putting America first, relying on American coal, American workers, and American innovation to power our farms and feed our families.”
The project will create hundreds of jobs, bolster the local coal economy, and provide a steady, cost-effective fertilizer supply for farmers across the Eastern Corn Belt. It will also help reduce the nation’s reliance on imported fertilizers from regions such as Canada, the Caribbean, and the Middle East.
This initiative represents the second completed loan under the Energy Dominance Financing (EDF) Program, launched through the Working Families Tax Cut also known as the One Big Beautiful Bill Act.
The Wabash project underscores the DOE’s mission to strengthen national energy independence and agricultural resilience through strategic domestic investment.
Photo Credit: energy.gov
Categories: National