$700 Million Lithium loan
U.S. Department of Energy announced a $700 million loan guarantee to Nevada Lithium Mine
An Australian mining company will handle this project and may hire as many as 300 people.
An unusual mix of federal, state, and local government agencies have been involved in the development of the project.
This is one of the largest federal loan guarantees in recent history.
It is a controversial project because of the federal government's role.
The project is in the process of raising money to build the mine.
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