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Published 1 month ago

Energy Department conditionally approves $2.26 billion loan for huge lithium mine in Nevada

  • The U.S. Energy Department will loan over $2 billion for a lithium mine in Nevada to support electric vehicle battery production.
  • The loan will fund a lithium carbonate processing plant at Thacker Pass mine.
  • Lithium Americas anticipates the first phase of the Thacker Pass project will cost $2.93 billion.
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