Rhyolite Ridge: Biden administration to lend up to $700 million to Nevada lithium mine

URLhttps://www.rgj.com/story/news/money/business/2023
SourceReno Gazetter Journal
Date Published01/14/2023
Author NameJason Hidalgo
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name ioneer Ltd
Parent companyIoneer Ltd.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2023
Country(ies) from which reshored:Australia
State(s) reshored to:NV
If relevant, work nearshored to:-
Industry(ies):Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredlithium
What domestic positive factors made reshoring more attractive?Government Incentives, Raw Materials Cost, Other, Biden
Government Incentive dollar amount:700 million loan commitment from Biden administrat
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