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From the mid-to-late 1800s, a remote region of Nevada known as Silver Peak was one of the United States’ best sources for silver and gold, helping pay for the country’s westward expansion. Roughly 150 years later it’s now home to the United States’ only lithium mine, churning out 5,000 metric tons of unprocessed lithium a year, which help power our growing demand for batteries used in nearly every phone, laptop, and electric vehicle.


After the lithium is extracted, it is sent to Albemarle’s Kings Mountain processing facility in North Carolina, closing a domestic supply loop. While small compared to America’s total lithium demand of over 500,000 metric tons by 2032, it’s an important sliver of the U.S. supply chain. It is also a glimpse of what the U.S. lithium supply chain is capable of, and a sneak peek at our clean energy future.


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2023 was a tumultuous year for the United States economy. Consumers dealt with pain points from inflation and high gas prices to increased interest rates. Despite these headwinds, the country’s clean energy economy surged thanks to President Biden’s Inflation Reduction Act (IRA) and growing demand for clean energy technologies, which added nearly $100 billion in new investment and more than 80,000 new jobs.


The IRA was the largest-ever investment in U.S. climate, clean energy, electrification, and energy efficiency. Combined with the CHIPS Act, Bipartisan Infrastructure Act, and other federal actions, the IRA is supercharging the economy. Onshoring U.S. jobs supporting the domestic manufacturing of electric vehicles (EVs), batteries, solar panels, wind turbines, heat pumps, and other clean energy technologies is jumpstarting a new clean industrial revolution.


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