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Lithium · NevadaThe White House is moving forward with a deal that would allow the U.S. government to take a small equity stake in a Canadian company that is developing one of the world’s largest lithium mines in northern Nevada, an official said. The Department of Energy and Lithium Americas, developer of the proposed Thacker Pass lithium mine and processing plant about 200 miles north of Reno, have agreed on changes to a $2.3 billion federal loan that could allow the project to move forward to extract the silver-white metal used in electric vehicle batteries. General Motors has pledged more than $900 million to help develop Thacker Pass, which holds enough lithium to build 1 million electric vehicles annually.See the Story
Trump moves toward deal to give US an equity stake in company developing Nevada lithium mine
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