U.S. Unveils Ambitious Plans to Boost Domestic Lithium Production
The U.S. has big plans for lithium production in the coming years as it ramps up output to support the rollout of utility-scale battery storage and greater electric vehicle (EV) uptake. To ensure the U.S. has enough lithium to support the rapid growth of the battery market and reduce reliance on China, President Biden is supporting the development of the country’s lithium industry with funding from the Inflation Reduction Act (IRA) and other national policies. Meanwhile, the private sector is investing heavily in lithium as the consumer uptake…