A Nevada lithium mine that would be only the second in the US is getting backing from the Biden administration as it seeks to boost the domestic supply of the critical mineral needed to make electric vehicle batteries. Biden
A Nevada lithium mine that would be only the second in the US is getting backing from the Biden administration as it seeks to boost the domestic supply of the critical mineral needed to make electric vehicle batteries.
Demand for lithium, which also is used for grid storage and weapons, is projected to exceed current production by 2030. The US relies on international markets for the processing of most raw materials, according to the department. While Asia currently dominates the lithium carbonate refining process, the Rhyolite Ridge deposit is one of two known sizeable lithium-boron deposits in the world, the Energy Department said.
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