{
  "organization": {
    "id": "org-us-commerce",
    "name": "U.S. Department of Commerce",
    "nameOriginal": null,
    "aliases": [
      "Department of Commerce"
    ],
    "kind": "government",
    "countryCode": "US",
    "actor": "us",
    "parents": [],
    "evidence": [
      {
        "sourceId": "src-osc-vulcan-reelement-2025",
        "supports": [
          "name",
          "kind",
          "country",
          "actor"
        ],
        "evidence": "explicit",
        "locator": "Fourth paragraph",
        "note": "\"the Department of Commerce's Creating Helpful Incentives to Produce Semiconductors (CHIPS) Program Office\""
      }
    ],
    "notes": null
  },
  "rolledUpOrganizationIds": [
    "org-us-commerce"
  ],
  "providedRowIds": [
    "fin-us-chips-usar-2026-direct-funding",
    "fin-us-chips-usar-2026-loan-guarantee",
    "fin-us-chips-usar-2026-magnet-project-2-direct-funding",
    "fin-us-chips-usar-2026-magnet-project-2-loan-guarantee",
    "fin-us-chips-usar-2026-metal-project-2-direct-funding",
    "fin-us-chips-usar-2026-metal-project-2-loan-guarantee",
    "fin-us-chips-usar-2026-round-top-direct-funding",
    "fin-us-chips-usar-2026-round-top-loan-guarantee",
    "fin-us-chips-usar-2026-stillwater-magnet-direct-funding",
    "fin-us-chips-usar-2026-stillwater-magnet-loan-guarantee",
    "fin-us-chips-usar-2026-stillwater-metal-direct-funding",
    "fin-us-chips-usar-2026-stillwater-metal-loan-guarantee",
    "fin-us-commerce-chips-vulcan-2025-incentives"
  ],
  "receivedRowIds": [],
  "sponsoredProjectIds": [],
  "administeredProgrammeIds": [
    "prg-us-chips-incentives"
  ],
  "heldDesignationIds": [],
  "children": [],
  "sources": [
    {
      "id": "src-osc-vulcan-reelement-2025",
      "title": "Office of Strategic Capital Agrees to Joint $700M Conditional Loan Commitment with Vulcan Elements and ReElement Technologies",
      "publisher": "U.S. Department of War (Office of Strategic Capital)",
      "url": "https://www.war.gov/News/Releases/Release/Article/4339788/office-of-strategic-capital-agrees-to-joint-700m-conditional-loan-commitment-wi/",
      "language": "en",
      "datePublished": "2025-11-21",
      "dateAccessed": "2026-09-23",
      "sourceType": "official",
      "confidence": "primary",
      "notes": "Read in full in a browser on 2026-09-23 (war.gov returns HTTP 403 to automated clients). Source of the joint $700 million conditional loan commitment ($620 million to Vulcan Elements, $80 million to ReElement Technologies), the OBBBA funding source, the warrants, the Commerce CHIPS Program Office's preliminary non-binding letter of intent for $50 million in proposed incentives, the $50 million of Vulcan equity Commerce will receive, and the statement that no OSC funds are disbursed until the conditions are met."
    }
  ]
}