Thursday, February 9, 2023
  • Login
Anonymous Wire
  • Home
  • Top News
  • adventure
  • Technology
  • Health
  • games
  • Privacy Policy
  • Website Terms of Use
  • Contact Us
No Result
View All Result
  • Home
  • Top News
  • adventure
  • Technology
  • Health
  • games
  • Privacy Policy
  • Website Terms of Use
  • Contact Us
No Result
View All Result
Anonymous Wire
No Result
View All Result
Home News

Biden administration announces conditional $700 million loan for Nevada lithium mine

January 16, 2023
in News
0
Biden administration announces conditional $700 million loan for Nevada lithium mine
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Biden administration announces conditional $700 million loan for Nevada lithium mine

2b68c3b0 9528 11ed b3ff e14161262fee

What could become only the second lithium mine in the US received backing from the Biden administration this week. In an announcement spotted by Bloomberg, the Department of Energy said it would provide mining company Ioneer with a conditional loan valued at up to $700 million to develop the Rhyolite Ridge Lithium-Boron Project in Nevada’s Esmeralda County. Once operational, the mine is expected to produce enough lithium for about 370,000 electric vehicles annually. Ioneer already has supply agreements with automakers like Ford and Toyota, though the project likely won’t start producing lithium until 2026.

The Biden administration made the funding available through the Energy Department’s Advanced Technology Vehicles Manufacturing Loan Program. To secure the money, Ioneer must obtain all the necessary permits from relevant state and federal agencies. The Center for Biological Diversity has come out against the project due to the risks it poses to a species of endangered wildflower in the area known as Tiehm’s buckwheat. The US Interior Department has yet to bless the project for that same reason. The Department of Energy said Ioneer revised its plans for the site to avoid direct impacts on the plant. However, it’s worth noting lithium mining requires a lot of water to carry out.

Still, the mineral is essential to many technologies needed to transition the world to a zero-emissions future. What’s more, lithium supply is expected to fall short of global demand by 2030. That gap will make it difficult for the Biden administration to meet its goal of ensuring half of all cars sold in the US by the end of the decade are electric vehicles.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission. All prices are correct at the time of publishing.

Published at Sun, 15 Jan 2023 23:08:09 +0000

ShareTweetPinSendShareShareShareShareSend
Previous Post

Leopard 2 – Het nieuwe Oekraïense Wunderwaffe?

Next Post

Where is Chatsworth House?

Next Post
Where is Chatsworth House?

Where is Chatsworth House?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

  • Trending
  • Comments
  • Latest
WEF Advisor: ‘Common People’ Should Live In Fear, ‘We Don’t Need The Vast Majority of You’

WEF Advisor: ‘Common People’ Should Live In Fear, ‘We Don’t Need The Vast Majority of You’

August 12, 2022
ANOTHER Clinton Associate, Who Vowed to Expose Elite Pedophile Ring, Found Dead

ANOTHER Clinton Associate, Who Vowed to Expose Elite Pedophile Ring, Found Dead

May 29, 2022
3,200 Megapixels: The World’s Largest Camera will be Complete in 2023

3,200 Megapixels: The World’s Largest Camera will be Complete in 2023

October 11, 2022
Father Launches Billboard Campaign to Tell the World His Son Was Killed by the Pfizer Vaccine

Father Launches Billboard Campaign to Tell the World His Son Was Killed by the Pfizer Vaccine

April 16, 2022
Vaccine Epidemic: Young European politicians drop dead ‘suddenly and unexpectedly’

Vaccine Epidemic: Young European politicians drop dead ‘suddenly and unexpectedly’

0
Multiple Vaccinated “#vaxxedtothemax” Lawyer Suddenly Collapses During Hearing

Multiple Vaccinated “#vaxxedtothemax” Lawyer Suddenly Collapses During Hearing

0
Alpha V2ray MOD APK 3.2 (Ads Free)

Alpha V2ray MOD APK 3.2 (Ads Free)

0
Tesla is getting a new batch of Giga Press deliveries in Gigafactory Texas

Tesla is getting a new batch of Giga Press deliveries in Gigafactory Texas

0
The U.S. Navy Needs More Ships, Encourages Industry to “Pick up the Pace”

The U.S. Navy Needs More Ships, Encourages Industry to “Pick up the Pace”

February 8, 2023
Is Little People, Big World Over? Fans Beg Amy Roloff for Good News

Is Little People, Big World Over? Fans Beg Amy Roloff for Good News

February 8, 2023
The best Super Bowl 2023 TV deals we found

The best Super Bowl 2023 TV deals we found

February 8, 2023
Niffelheim: Vikings Survival

Niffelheim: Vikings Survival

February 8, 2023

Recent News

The U.S. Navy Needs More Ships, Encourages Industry to “Pick up the Pace”

The U.S. Navy Needs More Ships, Encourages Industry to “Pick up the Pace”

February 8, 2023
Is Little People, Big World Over? Fans Beg Amy Roloff for Good News

Is Little People, Big World Over? Fans Beg Amy Roloff for Good News

February 8, 2023
The best Super Bowl 2023 TV deals we found

The best Super Bowl 2023 TV deals we found

February 8, 2023
Niffelheim: Vikings Survival

Niffelheim: Vikings Survival

February 8, 2023

ABOUT US

Anonymous Wire is the best news website to get every updates you need.

Follow Us

Browse by Category

  • Adventure (28)
  • An Adventure (1)
  • Business (3)
  • Entertainment (88)
  • Games (5)
  • Health (70)
  • News (145)
  • Science & Space (2)
  • Technology (128)
  • Top News (169)
  • Uncategorized (16)
  • Web Stories (1)
  • World Sport (26)

Recent News

The U.S. Navy Needs More Ships, Encourages Industry to “Pick up the Pace”

The U.S. Navy Needs More Ships, Encourages Industry to “Pick up the Pace”

February 8, 2023
Is Little People, Big World Over? Fans Beg Amy Roloff for Good News

Is Little People, Big World Over? Fans Beg Amy Roloff for Good News

February 8, 2023
  • Home
  • Top News
  • adventure
  • Technology
  • Health
  • games
  • Privacy Policy
  • Website Terms of Use
  • Contact Us

© 2022 Anonymous Wire - Design & Developed by IndeedFeed Media.

No Result
View All Result
  • Home
  • Top News
  • adventure
  • Technology
  • Health
  • games
  • Privacy Policy
  • Website Terms of Use
  • Contact Us

© 2022 Anonymous Wire - Design & Developed by IndeedFeed Media.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In