US Takes Stake in Lithium Mine
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The U.S. government is acquiring a 5% stake in Lithium Americas, a company developing the significant Thacker Pass lithium mine in Nevada. This move aims to bolster domestic supply chains for critical minerals, reducing reliance on China for lithium, essential for electric vehicle batteries. The Department of Energy's investment, alongside a joint venture with General Motors, supports the project's growth and strengthens U.S. energy independence.
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