Department of Defense Awards $11.8 Million to Accelerate Development of Domestic Lithium Carbonate Processing and Production

URLhttps://www.defense.gov/News/Releases/Release/Arti
SourceDepartment of Defense
Date Published08/05/2024

Additional Reshoring Information:

Company/Division name Lithium Nevada
Parent companyLithium Americas
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2024
Capital investment ($):11.8
Country(ies) from which reshored:Canada
City reshored to:McDermitt Caldera
State(s) reshored to:NV
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredlithium carbonate extraction
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Govt. Policy and subsidies, Proximity to customers/market
Find Reshoring Articles