DOE grants $700 million loan to Nevada’s proposed lithium mine

DOE grants a conditional $700 million loan to Nevada’s proposed lithium mine. The project is an important step forward in President Joe Biden’s energy aspirations.

The Australian mining company behind the project, Ioneer, expects to begin mining operations in 2026. The project also endangers a rare wildflower near the planned mine site.

Tiehm’s buckwheat is on the verge of extinction, with only about 16,000 plants remaining.

The anticipated mining and resource extraction in the area represent the greatest threat to the bloom.

Ioneer claims to have devised a safeguard approach to ensure that the project would not jeopardise the plant’s survival.