Nevada is very quickly shaping the lithium story. Rich deposits, new manufacturing capacity, and strategic policy support are aligning to make the Silver State a central player in the battery economy. LVGEA is standing ready to guide companies into this growing ecosystem.
Key Moves & Market Shifts
In April 2025, Redwood Materials, headquartered in Nevada, announced it recovers up to 98% of critical battery minerals and aims for 100 GWh of production capacity by 2026.
Nevada’s mining firms are advancing as well. American Battery Technology Company’s Tonopah Flats project secured “FAST‑41” federal permitting priority, an important milestone for U.S. lithium supply chains.
Nevada faces headwinds too: a proposed lithium‑boron mine in the state paused because of softening lithium prices and oversupply concerns.
Ultion Technologies raised Series A funding this year to scale U.S.-made lithium-iron-phosphate (LFP) cells right here in Southern Nevada, adding manufacturing jobs and helping regionalize the battery supply chain.
Even with some market volatility, the long-term demand for battery storage, electric vehicles, and renewable energy solutions continues to rise making Las Vegas a high-potential destination for expansion.
Why Nevada Offers Strategic Advantages
The state supports stages from extraction to cell manufacturing, so companies can tap into a more complete battery value chain.
Industrial infrastructure, including shovel‑ready sites and logistics access, makes Nevada a practical location for growth.
LVGEA engages directly with companies to help secure incentives, navigate regulatory frameworks, and link to workforce and manufacturing resources.
Trade & Tax Benefits Through FTZ #89
Las Vegas-based companies can also tap into Foreign Trade Zone (FTZ) #89, a federal trade program administered through LVGEA. FTZ #89 allows eligible battery and clean energy companies to:
- Reduce or defer import duties on lithium, cobalt, graphite, and related components
- Streamline customs procedures, improving operational speed
- Boost cash flow on globally sourced materials
- Increase margin when scaling production in U.S. markets
For manufacturers and suppliers importing materials from Asia, Canada, or the EU, FTZ #89 offers a competitive edge while simplifying international logistics. Businesses operating within the FTZ can delay duties until components are sold domestically or avoid them entirely if exported.
Building With Scale & Sustainability
Nevada is seriously innovating. Battery recycling and recovery capabilities are gaining traction, which lowers supply‑chain risk and enhances sustainability messaging.
At the same time, cost pressures continue: oversupply and commodity price shifts require careful project planning.
Ready to Scale in Nevada?
If your business focuses on lithium extraction, battery cell manufacturing, recycling, or the EV supply chain, Nevada offers an ecosystem designed for growth. LVGEA is ready to connect you to the infrastructure, incentives, and talent you need.
Contact LVGEA to explore expansion opportunities in Nevada.
