{"id":31715,"date":"2023-04-14T15:25:56","date_gmt":"2023-04-14T14:25:56","guid":{"rendered":"https:\/\/www.innovationnewsnetwork.com\/?p=31715"},"modified":"2023-05-12T14:00:13","modified_gmt":"2023-05-12T13:00:13","slug":"optimising-nevadas-lithium-production-potential","status":"publish","type":"post","link":"https:\/\/www.innovationnewsnetwork.com\/optimising-nevadas-lithium-production-potential\/31715\/","title":{"rendered":"Optimising Nevada\u2019s lithium production potential"},"content":{"rendered":"
The state of Nevada is currently home to the only operational lithium mine in the US \u2013 the Silver Peak mine which is operated by Albermale Corp. With more than 17,000 prospecting claims<\/a> for lithium, however, Nevada holds great promise to meet the rapidly growing demand for the mineral as a result of the energy transition.<\/p>\n To accelerate exploration and production of lithium in the US and strengthen America\u2019s domestic supply chains, the Biden-Harris Administration in 2021 released an Executive Order, outlining measures to improve America\u2019s supply chains and economic security. This included various lithium-focused initiatives, including the American-made Geothermal Lithium Extraction Prize to search for new technologies for the extraction of minerals like lithium.<\/p>\n The Innovation Platform<\/em> spoke to Joseph Riney, Vice President of Operations for the Nevada Mining Association, to learn more about Nevada\u2019s lithium potential and the role it can play in strengthening the US\u2019 domestic lithium and battery supply chains.<\/p>\n Nevada has significant potential in the global lithium supply chain due mostly to its abundant lithium resources. However, Nevada\u2019s potential does not end there. The state is on the brink of becoming a world leader in the entire lithium battery supply chain. All the essential steps from extraction to battery pack assembly exist or are being developed in the state.<\/p>\n Lithium production has existed in Nevada since the 1960s at Albemarle\u2019s Silver Peak operation near Tonopah. Lithium Nevada is developing the Thacker Pass Project in Northern Nevada, which will dramatically increase US lithium production. At the end of the supply chain, Redwood Materials is recycling lithium batteries. There are a host of mid-stream projects too. Redwood has just started making cathodes; Panasonic and Tesla are partnering on a battery pack gigafactory; and several businesses are developing cell production and recycling facilities. Nevada is an attractive home for battery development.<\/p>\n With all these steps existing or being developed in Nevada, the state has significant potential to become a world leader in battery development and to revolutionise the global lithium battery supply chain, making it more streamlined and efficient.<\/p>\nWhat potential does Nevada have in the global lithium supply chain<\/a>?<\/h3>\n