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Lithium Extraction May Soon Turn Produced Water Into Produced Profits

The Energy Law

3] This percentage will rise steadily over the next few years, starting at 40% for electric vehicles sold prior to 2024 and growing to 80% for vehicles sold after 2026. First, the Advanced Manufacturing Production Credit grants a tax credit equal to 10% of the costs incurred to produce any critical minerals, [1] including lithium. [2]

E&P 105