Biden Admin puts another $2 Billion-plus into domestic lithium for EVs
Lithium Americas Corp., which is preparing to mine one of the country’s largest lithium deposits, is touting a new $2.26 billion loan commitment from the U.S. Department of Energy.
If the Biden Administration wasn’t already all in on domestic lithium production for the EV and renewable energy transitions, it’s now committing billions more in loan guarantees for the company that’s developing a massive mine in the Nevada desert.
The company, Lithium Americas Corp., said it received a conditional commitment for a $2.26 billion loan f…
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