Lithium Extraction May Soon Turn Produced Water Into Produced Profits
The Energy Law
MARCH 10, 2023
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] 45X(c)(6)(P). [3] 30D(e)(1). [4] Communications include firm news, insights, and events. 1] 26 U.S.C. § 45X(b)(1)(M). [2] 2] 26 U.S.C. § 3] 26 U.S.C. §
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