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Published 2 months ago

Biden administration boosts EV supply chain with $2B lithium loan

Summary by Ground News
Lithium Americas secured a $2.26 billion Department of Energy loan to build processing facilities at its upcoming project in Nevada. The lithium company is in the midst of constructing the Thacker Pass mine in Humboldt County, Nevada. It aims to produce 40,000 tons of battery grade lithium carbonate per year when first phase of production begins in 2027.

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