President Joe Biden's administration has agreed to provide a $2.26 billion conditional loan for a huge lithium mine in Nevada. The money will help Canadian-based Lithium Americas cover construction costs of a processing facility at its giant mine in the works in northern Nevada near the Oregon line. The U.S.
FILE - Construction continues at the Thacker Pass lithium mine on April 24, 2023, near Orovada, Nev. The Biden administration has agreed to provide a $2.26 billion conditional loan to Lithium Americas, Thursday, March 14, 2024, to help cover construction costs of a processing facility at its giant lithium mine in the works in northern Nevada near the Oregon line. RENO, Nev.
“Thacker Pass is a treasure trove of lithium — key to strengthening U.S. energy security and electrifying America,” Energy Secretary Jennifer Granholm said in a message posted Friday on X, formerly known as Twitter. The department said lithium carbonate from Thacker Pass could support the production of batteries for up to 800,000 electric vehicles annually, avoiding the consumption of 317 million gallons of gasoline per year.supply chain, which is essential to building America’s clean transportation future and enhancing our national and energy security,” DOE said Thursday.
But a federal judge in Reno dismissed the latest challenges in December and the chairman of the Reno Sparks Indian Colony at the forefront of the legal battle said weeks later they were abandoning any future appeals.“Thacker Pass will provide important economic and employment opportunities for members of our Tribe,” Larina Bell of the Fort McDermitt Paiute Shoshone Tribe said in a statement.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Utah Department of Corrections discriminated against transgender inmate, Justice Department rulesAfter 3 decades spent in the sunny (and humid) South Florida media world, Jeff has traveled to across the country to partake in the delights of The Beehive State.
Read more »
Clean Energy ETFs: Renewable Energy - Investing.comDiscover the top clean energy ETFs to invest in with our comprehensive list. Assess the stock prices and trading volumes across each ETF.
Read more »
US startup joins forces with energy company to decarbonize Europe with ‘Superhot brick batteries’Energy enterprise and startup unveil 'Superhot brick batteries', ushering in a sustainable future in energy efficiency
Read more »
The Feds Just Bet Even Bigger on American-Made Heat PumpsThe US Department of Energy is announcing another $63 million to supercharge domestic manufacturing of the devices—in the name of national, energy, and climate security.
Read more »
Massive blizzard howls in the Sierra Nevada; high winds, heavy snow close roads and ski resortsA powerful blizzard that a meteorologist termed 'as bad as it gets' howled in the Sierra Nevada mountains, forcing ski resorts to shut down and leaving tens of thousands of homes without power.
Read more »
Major interstate closed as dangerous winter storm pummels the Sierra NevadaA storm expected to bring up to 10 feet of snow to parts of the Sierra Nevada has forced the closure of Yosemite, many Lake Tahoe ski resorts, a major interstate and disrupted power for thousands.
Read more »