"North Carolina Embraces Lithium Mining Again with Electric Vehicle Boom"
Albemarle Corporation, the world's largest lithium producer, is attempting to revive a dormant mine in Kings Mountain, North Carolina, which is believed to hold one of the largest lithium deposits in the United States. This move is in response to the growing demand for lithium batteries used in electric vehicles. Other companies in North Carolina are also seeking permits for multibillion-dollar lithium investments to take advantage of incentives provided by President Biden's new climate law. Treasury Secretary Janet L. Yellen recently visited a lithium hydroxide processing company in North Carolina, highlighting the country's efforts to reduce dependence on China for clean energy supply chains.