Transcription of Lithium Nevada Corp.
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Lithium Nevada Corp.
Date: September 16, 2020 Manufacturing - ChemicalMeeting Location: Las VegasSheldon Mudd, NNRDAAPPLICATION HIGHLIGHTSCOMPANY PROFILEB usiness License: CurrentPendingIndustry & Nevada Operations:Location:INCENTIVESA pplication:Requirements:StatutoryApplica tionSufficient% Over / Under Job Creation10113 Yes1030% Average Wage$ $ Equipment Capex (SU & MBT)$250,000 Yes41396% Equipment Capex (PP)$1,000,000 Yes10274%Abatements:Requested 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:$8,637,357 EMPLOYEE BENEFITSH ealth Insurance:Company Coverage of employee healthcare premiums: 80%Other Benefits Offered:SIGNIFICANCE OF ABATEMENTSC ompany:ECONOMIC IMPACTJob Creation:Contracted2-Year5- Year10113136 Other Capital Investments:LandBuilding PurchaseBTS / Building Improvements$0$0$410,585,161 Economic Impact (10 Yrs.)
Sep 07, 2020 · The pitfalls of an international supply chain to produce lithium batteries and related products have been magnified in the current era of a global pandemic and economic unrest. Lithium Nevada can supply all the U. S. lithium needs via a domestic operation with its plan to consolidate the entire mineral-to-battery process in Humboldt County.
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