WASHINGTON/NEW YORK — The Biden administration’s efforts to lay the groundwork for an electric vehicle supply chain that doesn’t rely on China have raised hopes around the first new American lithium mine in six decades.
Under a project approved Thursday, Australia-based Ioneer plans to mine both lithium and boron at Rhyolite Ridge in the state of Nevada, in what CEO Bernard Rowe called the world’s first simultaneous large-scale production of the two minerals.