DOE offers loan to Nevada lithium mine

Payne Institute Faculty Fellow Ian Lange contributed to this article about how the move by the US Department of Energy (DOE) is an effort to build up US production of minerals needed for batteries.  The DOE is offering the Australian mining company Ioneer a $700 million loan to build a lithium carbonate plant at its proposed lithium mine in Nevada.  The DOE issued guidance in 2020 that encouraged companies developing “critical mineral” projects to apply for loans.  January 19, 2023.