Fact-check · Aug 21, 2026 · JD Vance
“Our Department of Energy's partnership with this fantastic company, Cleveland Cliffs, to invest a billion dollars”
MISLEADING
What the record shows
DOE awarded $500 million; total project cost is $1 billion with Cleveland Cliffs contributing $500 million (announced Aug 21, 2026).
Sources
- Cleveland-Cliffs Selected to Receive $575 Million in US Department of Energy Investments for Two Projects to Accelerate Industrial Decarbonization Technologies :: Cleveland-Cliffs Inc. (CLF)
- Cleveland-Cliffs Selected to Receive $575 Million in US Department of Energy Investments for Two Projects to Accelerate Industrial Decarbonization Technologies | Nasdaq
- Cleveland-Cliffs Reaffirms Commitment to Middletown Works Decarbonization Project and Ongoing Partnership with the U.S. Department of Energy :: Cleveland-Cliffs Inc. (CLF)
- Cleveland-Cliffs (CLF) to Receive $575M in US DoE Investments
- $1B investment announced for Cleveland-Cliffs’ Middletown Works facility | Local | daytondailynews.com
- Cleveland-Cliffs Awarded $575M for Two Steel Production Decarbonization Projects in Ohio and Pennsylvania | Energy Tech
From: Vice President JD Vance Delivers Remarks in Middletown, OH
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