US Government Invests in Lithium Americas to Boost Nevada Lithium Project
Originally Published 3 months ago — by TechCrunch
The U.S. Department of Energy has taken a 5% equity stake in Canadian lithium miner Lithium Americas and its Nevada project through no-cost warrants, as part of a renegotiation of a $2.26 billion loan, aiming to boost domestic lithium production for electric vehicle batteries and reduce reliance on foreign sources.