AzScorpion
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Looks like NV could be the second in the US to have a lithium mine. The mine will be the prospective supplier for both Ford and Toyota that could produce enough lithium for 370,000 electric vehicles a year.
I'm not sure how they think this is good news seeing as we out here in the west are in a serious drought? Lake Mead is at record low levels now and mining for lithium takes 500,000 gallons of water to extract 1 ton of lithium. ?‍
https://www.yahoo.com/finance/news/biden-backs-nevada-lithium-mine-140012533.html
I'm not sure how they think this is good news seeing as we out here in the west are in a serious drought? Lake Mead is at record low levels now and mining for lithium takes 500,000 gallons of water to extract 1 ton of lithium. ?‍
https://www.yahoo.com/finance/news/biden-backs-nevada-lithium-mine-140012533.html
The Energy Department issued a conditional commitment for up to $700 million for Ioneer Ltd.’s Rhyolite Ridge Lithium-Boron Project, a prospective supplier to Ford Motor Co. and Toyota Motor Corp. that could produce enough lithium for 370,000 electric vehicles a year. Project partners include mining and metals processing group Sibanye Stillwater Ltd.
Demand for lithium, which also is used for grid storage and weapons, is projected to exceed current production by 2030. The US relies on international markets for the processing of most raw materials, according to the department.
“Developing a US supply chain for these materials is a national priority as the country works toward energy independence,” the department said in a statement. “A core focus within the strategy is increasing the availability of the critical materials that are essential components of the clean energy technologies necessary for reaching national climate and economic goals.”
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