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Carson City, smaller markets expect economic stability in 2021

  When the coronavirus pandemic shut down Nevada, the economic shocks many monitored were the reverberations in its urban centers. One end went largely dark due to its dependence on tourism (Las Vegas-Henderson), while the other corner of the state kept far more lights on thanks to its diversified economy (Reno-Sparks). In-between and east of those regions, however, are vast amounts of land, where the Silver State’s smaller markets and rural communities are in varying degrees of rebounding from the COVID recession. SIERRA REGION ON THE UPSWING Take a look at Northern Nevada Development Authority’s so-called “Sierra Region,” which includes Carson City, Douglas, Lyon, Mineral and Storey counties. Back in March, NNDA CEO Rob Hooper said he was worried the recovery would be W-shaped.

Sudbury mining supply group stakes its claim in Nevada

Sudbury mining supply group stakes its claim in Nevada MineConnect to establish incubator space for Northern Ontario companies to dive into southwestern U.S. Feb 5, 2021 11:41 AM By: Northern Ontario Business Staff (Premier Gold Mines photo) The mining industry in northern Nevada will have access to Canada s largest concentration of hard rock mining expertise when MineConnect, Sudbury s mining supply and service organization, sets up shop in Elko later this year. The Nevada Governor’s Office of Economic Development and the Northeastern Nevada Regional Development Authority announced the signing of a three-year partnership with MineConnect to establish a business incubator space this summer to support the state s mining industry.

Nevada s Vast Stores Of Lithium Could Fuel The Energy Transition But At What Cost?

Listen to Part 1 of this story. Some estimate the lithium-ion battery market will be worth more than $100 billion by 2027. Much of that growth can be attributed to the meteoric rise of electric vehicles, thanks in large part to Tesla. And that makes lithium – specifically lithium carbonate, the industrial chemical made from lithium to make batteries – very valuable. According to the U.S. Geological Survey, the average U.S. price was $13,000 per metric ton last year. And there are tons of lithium – millions of tons – in Nevada. “We re developing one of the world s largest lithium deposits,” says Alexi Zawadzki, CEO of Lithium Nevada.

Nevada s Vast Stores Of Lithium Could Fuel The Energy Transition But At What Cost?

Listen to Part 1 of this story. Some estimate the lithium-ion battery market will be worth more than $100 billion by 2027. Much of that growth can be attributed to the meteoric rise of electric vehicles, thanks in large part to Tesla. And that makes lithium – specifically lithium carbonate, the industrial chemical made from lithium to make batteries – very valuable. According to the U.S. Geological Survey, the average U.S. price was $13,000 per metric ton last year. And there are tons of lithium – millions of tons – in Nevada. “We’re developing one of the world’s largest lithium deposits,” says Alexi Zawadzki, CEO of Lithium Nevada.

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