A Kings Mountain lithium mine shuttered since 1988, estimated capable of supporting the production of 1.2 million electric vehicles annually for 30 years, will reopen.
Charlotte-based Albemarle, the world’s largest producer of lithium, received a $90 million grant from the Department of Defense this week to expand domestic production of the raw mineral used to manufacture electric vehicle batteries. The grant follows a $149.7 million grant Albemarle received from the Biden administration last year for a North Carolina processing facility.
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