Lithium Extraction May Soon Turn Produced Water Into Produced Profits
The Energy Law
MARCH 10, 2023
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]
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