DOE has chose to situation a loan to LNC, for development and begin-up of lithium processing to include a sulfuric acid plant, lithium processing facility, and supporting infrastructure and facilities in Humboldt County, Nevada. Approval on the loan for the Thacker Pass Venture responds into the DOE objective and wish pursuant to segment 136 of your Strength Independence and Security Act of 2007, which can be to finance tasks that reequip, increase, or create production services in The usa to make competent advanced technological know-how motor vehicles or qualifying elements, in addition to for engineering integration costs linked to this sort of jobs.

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The LPO loan addresses Period 1 with the Project, which entails the construction of lithium processing to include a sulfuric acid plant, lithium processing facility, and involved infrastructure. The Task is made to generate battery-grade lithium carbonate, a vital component while in the production of manufacture of qualified Innovative technologies cars and qualifying components.

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DOE thoroughly reviewed and thought of every one of the views and knowledge obtained throughout and following the review time period and it has concluded that Not one of the responses give new information or identify new situation that warrant preparation of the supplemental EIS. This summary is predicated on the following: (1) nearly all of the views and knowledge have been addressed in the ultimate DOE/EIS-0561, especially in Appendix R; (two) the extra evaluate done by BLM during the June 25, 2024, approval letter for minimal modification to Phase one from the Mine System; (three) critique of needed permits, approvals, and performs designs for the project and any affiliated updates to Individuals permits, approvals, and operate options; (4) the consultations, determinations, and coordination done by DOE; and (five) the additional Examination explained higher than that were viewed as inside the preparation of this ROD.

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