Federal and state researchers said there might be five million to 19 million tons of lithium, more than enough to meet the world’s demand for the battery ingredient.
The government is aggressively promoting electric cars. But a dramatic blaze in an underground lot has left some potential buyers worried about safety.
The site, in Zambia, could make billions for Silicon Valley, provide minerals for the energy transition and help the United States in its rivalry with China.
Elon Musk ha creado una constelación de jefes de Estado aliados —Javier Milei en Argentina, Narendra Modi en India— para impulsar sus políticas y expandir su imperio empresarial.
Mr. Musk has built a constellation of like-minded heads of state — including Argentina’s Javier Milei and India’s Narendra Modi — to push his own politics and expand his business empire.
The Japanese automaker, which has been slow to sell electric vehicles, said it would invest $11 billion to make batteries and cars in Ontario.
To decarbonize the electrical grid, companies are finding creative ways to store energy during periods of low demand.
Demand for lithium, which is used in electric vehicle batteries, has soared but domestic production of the metal has lagged behind other countries.
Once considered a laggard, the German luxury carmaker is one of only a few established automakers that has been able to compete effectively against Tesla.
Quarterly earnings soared from a year earlier after the company booked a tax benefit, but increased competition and a price war took a toll, the electric-car maker said.