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As the first new large-scale lithium mine in the United States in more than a decade is preparing for blasting in Nevada, the project, known as Lithium Americas, is in the courts and has drawn protests from members of a Native American tribe, ranchers and environmental groups.

Questions

  1. List the bullet point objections to the Nevada mine.
  2. Why does the U.S. need to quickly find new supplies of lithium? Be as specific as possible.
  3. During the first three months of 2021, how many dollars did U.S. lithium miners like those in Nevada raise from Wall Street?
  4. Perform a brief cost benefit analysis using the limited information in the article and other estimates from your research regarding the Lithium Americas project for the U.S.

Source:

Penn, I. and E. Lipton. (2021) The Lithium Gold Rush: Inside the Race to Power Electric Vehicles. The New York Times, May 6 (Retrievable online at https://www.nytimes.com/2021/05/06/business/lithium-mining-race.html)