The mine’s new owners, Chinese-based Chinese National Lithium Corp., has a lot of room to expand its operations in the world’s biggest lithium-sulfur deposit, which has a market value of $3.6 billion.
China has a huge lithium-mining sector that employs 1.3 million people and produces $5 billion in annual sales.
The mine has a population of more than 100,000 and is a major employer in the country.
The government recently allocated $600 million to expand the mine and set aside $100 million to buy the mine property.
Lithium mining is a $500 billion industry.
The mining industry employs about 2.7 million people, and the U.S. mines more than 2.8 million tons annually.
There are more than 5,000 mines in the U; China has more than 50.
In 2014, China spent about $200 million on new facilities, according to the Bureau of Labor Statistics.
China is the world leader in the manufacture of lithium, a metal used in batteries, electronics and batteries for electric vehicles.
The lithium mine has been in operation for about 20 years and employs about 3,000 people.
The company has invested about $400 million in the mine, according the mine’s owner, the mine owner said in a statement to ABC News.
Lithia Mine has not disclosed how much it has spent on upgrades.
It also is not releasing how much revenue it has earned in the last five years.
Litha Mine has been the target of a $10 million lawsuit from a local farmer and is suing the mine owners, the U, for environmental violations.
Lithias legal team is demanding $20 million from the mine.