Energy Dept. Puts Up $700M Loan for Lithium Mine
Seeking to push greater market penetration of electric vehicles, the Biden administration’s Department of Energy has offered a conditional loan of up to $700 million for a new lithium and boron mine in western Nevada, hoping to produce enough lithium to supply batteries for around 370,000 EVs annually. The Rhyolite Ridge project in Esmeralda County, … More Energy Dept. Puts Up $700M Loan for Lithium Mine