Biden Admin Approves Nevada Lithium Mine Despite Concerns For Endangered Wildflower

Benzinga

The Biden administration has approved a federal permit for a lithium-boron mine in Nevada, advancing a key component of the U.S. clean energy agenda. The project aims to support the domestic lithium supply for electric vehicle batteries, aligning with Biden's climate goals. Conservation groups intend to sue, although federal agencies concluded the mine won't harm an endangered wildflower. The mine will start construction in 2025, with production planned for 2028, supplying lithium for 370,000 vehicles annually.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02The Biden administration has approved a federal permit for a lithium-boron mine in Nevada,

00:07advancing a key component of the U.S. clean energy agenda. The project aims to support

00:12the domestic supply of lithium for electric vehicle batteries, aligning with Biden's climate

00:16goals. Conservation groups intend to sue, although federal agencies concluded the mine won't harm an

00:22endangered wildflower. The mine will start construction in 2025, with production planned

00:27for 2028, supplying lithium for 370,000 vehicles annually. For all things money, visit Benzinga.com

00:34slash GSTV.

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