【U.S. Biden Administration Approves Lithium Mine Project Aimed at Boosting Domestic Supply】October 25th news, the Biden Administration in the United States has issued the first lithium mining permit of this administration, intensifying efforts to wean the U.S. supply chain of critical minerals from foreign dependence. According to a company announcement on Thursday, Ioneer Ltd.'s Rhyolite Ridge lithium-boron project in Nevada has received a federal permit from the Bureau of Land Management. The company plans to start construction in 2025 and commence production in 2028. Ioneer is a potential supplier to Ford Motor Company and Toyota Motor Corporation, and received a conditionally committed loan of up to $700 million from the Department of Energy last year. In March of this year, the U.S. Department of Energy also provided a conditionally committed loan of $2.26 billion to Lithium Americas Corp.