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RE: LeoThread 2024-10-26 23:37

in LeoFinance2 months ago

America Approves Colossal Nevada Mine With Enough Lithium for Untold Millions of Electric Cars

This could be huge.

The Biden administration has approved a gigantic lithium and boron mine — and though the project could revolutionize America's electric car industry, critics say it could also endanger the survival of a rare wildflower species.

As the Washington Post reports, the Rhyolite Ridge Lithium-Boron Project in southern Nevada, roughly halfway between Las Vegas and Reno, could provide the country with an important source of the alkali metal, which is a crucial component of EV batteries.

#nevada #lithium #naturalresources #evs #technology

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According to the report, the mine could produce enough lithium for around 370,000 vehicles each year for more than two decades, giving the United States a massive leg up in the reproduction of electric cars. So far, the country has largely relied on lithium battery imports and has been home to just one operating lithium mine.

"The Rhyolite Ridge lithium mine project is essential to advancing the clean energy transition and powering the economy of the future," said acting deputy interior secretary Laura Daniel-Davis in a statement. "This project and the process we have undertaken demonstrates that we can pursue responsible critical mineral development here in the United States, while protecting the health of our public lands and resources."