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Nevada approves $105M in tax incentives for battery plant

Por: Associated Press Business December 03, 2022

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RENO, Nev. (AP) — A massive lithium battery recycling plant has been awarded more than $105 million in tax incentives for expanding operations in northern Nevada.The state Office of Economic Development approved incentives for Carson City-based Redwood Materials this week. It marks the second-largest capital investment in the office’s history, behind Tesla.Founded by a former Tesla executive, Redwood has promised to invest more than $1... + full article



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