The Department of Defense announced an $11.8M award via the Defense Production Act Investment office to Lithium Nevada Corporation, a subsidiary of Lithium Americas Corp. “The award aims to accelerate the extraction and processing of lithium carbonate and directly supports the 2024 National Defense Industrial Strategy’s objective to expand support for domestic production of critical minerals,” the DOD stated.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LAC: