- Mining For Our Future
- An EV Revolution Requires Lithium
February 28, 2023
The complete remaking of our transportation system and arrival of electric vehicles (EVs) onto the roads in large numbers requires the building blocks to make those cars – building blocks like lithium. That’s why we need to support mining and processing lithium here in the U.S., and there are efforts to do so. Look, for example, at the Department of Energy, which conditionally awarded Ioneer a loan of up to $700 million to develop new supply chains for materials critical to the energy transition
Ioneer is developing the Rhyolite Ridge Lithium-Boron Project in Esmeralda County, Nevada. The mine is projected to supply enough lithium for approximately 400,000 electric vehicles when fully operational. In order to secure lithium and the other critical inputs needed to innovate, we need to support domestic mining projects.