Chinese-Owned Company Forges Ahead with US Lithium Mine in Former Supervolcano
NOVANEWS
By Sputnik
Sputnik International
A Canadian company, whose major shareholder is a Chinese firm, plans to move ahead with plans for a huge mine in Nevada to produce lithium for electric batteries. Sputnik looks at the significance of the Thacker Pass project.
The demand for lithium is rising rapidly as the demand for electric and hybrid vehicles, cellphones, tablets and other battery-powered devices grows exponentially.
Most of the raw material used to make the lithium-ion batteries currently comes from mines in Australia and Chile.
Lithium has been discovered in Bolivia and Russia has expressed an interest in exploiting it but the discovery in northern Nevada would be the first major discovery in North America.
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