Lithium Nevada Corp.
Date: September 16, 2020Manufacturing - ChemicalMeeting Location: Las VegasSheldon Mudd, NNRDAAPPLICATION HIGHLIGHTSCOMPANY PROFILEBusiness License: CurrentPendingIndustry & Nevada Operations:Location:INCENTIVESApplicatio n:Requirements:StatutoryApplicationSuffi cient% Over / Under Job Creation10113Yes1030% Average Wage$ $ Equipment Capex (SU & MBT)$250,000Yes41396% Equipment Capex (PP)$1,000,000Yes10274%Abatements:Reques ted TermsEstimated $ Amount Sales Tax for 2 years $5,031,331 Modified Business Tax for 4 years$225,614 Personal Property Tax for 10 years$3,380,412 Total:$8,637,357EMPLOYEE BENEFITSHealth Insurance:Company Coverage of employee healthcare premiums: 80%Other Benefits Offered:SIGNIFICANCE OF ABATEMENTSCompany:ECONOMIC IMPACTJob Creation:Contracted2-Year5- Year10113136Other Capital Investments:LandBuilding PurchaseBTS / Building Improvements$0$0$410,585,1
Sep 07, 2020 · support could showcase Nevada’s commitment to the battery industry potentially spurring further development such as cathode, electric vehicle and other battery use manufacturing. Today, the four primary steps to making lithium-ion batteries are: 1. Mine the lithium mineral. Of the current lithium mining, 98% is done in South
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