French cement maker Vicat on Tuesday said its funding agreement with the U.S. Department of Energy for the Lebec Net Zero project had been terminated.

Cancellation of funding agreement for the Lebec Net Zero project by the US Department of Energy The US Department of Energy ...

This announcement, that takes place at the initial phase of the Lebec Net Zero project, does not call into question Vicat's ...

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A cement plant near Lebec has been proposed to receive a federal subsidy valued at up to half a billion dollars to help decarbonize the 60-year-old facility while also creating 20 to 25 new jobs.