Lilac Solutions selected for $50 million grant award

Lilac Solutions, a lithium extraction technology company in Fernley announced on Oct. 19 they were selected to negotiate a $50 million grant award from the U.S. Department of Energy’s Office of Manufacturing and Energy Supply Chains and Office of Energy Efficiency and Renewable Energy to advance domestic lithium production.

Lilac Solutions will use this grant funding to develop a new technology to increase production of lithium, with minimal environmental impact, from domestic resources to support the growth of a domestic lithium-ion battery supply chain and support U.S. electric vehicle producers.

For more information, visit www.nnda.org