Nevada lithium mine gets conditional $700M government loan

Nevada lithium mine gets conditional $700M government loan

2 years ago
Anonymous $V1JIPM4sUP

https://apnews.com/95094304dc526fb15fc586d06b118005

RENO, Nev. (AP) — The U.S. Department of Energy on Friday announced a conditional loan of $700 million to an Australian mining company to pursue a proposed lithium project in Nevada, as the U.S. seeks domestic supplies for a key component in electric vehicle batteries.

The move ups the ante in what's already a high-stakes battle over President Joe Biden's energy agenda and conservationists fighting to protect an endangered wildflower found only at the proposed mine site on a high desert ridge halfway between Reno and Las Vegas.