An Australian mining and global clean energy company says it will no longer be developing a $210 million electric vehicle battery assembly plant in Michigan because of shifting federal policies.

Fortescue planned to redevelop a vacant six-story Detroit auto factory, located near the historic Ford Piquette Plant where Henry Ford invented the Model T, and create 600 jobs at the new manufacturing facility.

But the company nixed these plans after reassessing the future of its manufacturing in the United States.

“Current policy settings and market conditions in the United States, including recent changes to critical tax credits, have created significant uncertainty around the viability of long-term investment in advanced manufacturing,” a Fortescue spokesperson said in a statement.

The move

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