US bets on new lithium extraction technology
Payne Institute Faculty Fellow Ian Lange contributed to this article about how the US Department of Energy commits to $1.4 billion loan for small California firm. The progress in Arkansas demonstrates that the private sector already considers the Smackover region a good bet. Thus, it makes sense for the US to offer a loan to a project at the Salton Sea, where investors have been more hesitant. January 21, 2025.