Silver Peak Lithium Mine Expansion

operational with planned expansion paused

Silver Peak is the only active lithium mine in the United States, located in Clayton Valley, Nevada. The mine uses solar energy to evaporate water and concentrate lithium-rich brines. Albemarle planned to double the production capacity to create a domestic supply chain and reduce dependence on China. However, due to a recent collapse in lithium prices, some expansion projects, including the construction of the largest lithium refinery in South Carolina, have been paused.