Biden Administration Green Lights Controversial Lithium Mine Amid Supply Race

In a significant move aimed at bolstering the United States' critical mineral supply chain, the Biden administration has approved a contentious lithium mining project in Nevada. This decision comes at a time when the demand for lithium, a key component in electric vehicle (EV) batteries and renewable energy technologies, is surging. The Pine Valley Lithium Project, developed by the Australian firm Ioneer Ltd., is expected to play a pivotal role in enhancing domestic production capabilities for this crucial resource.

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