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Proposal to tax lithium in S D fails in narrow Senate vote

A proposal to tax lithium as a precious metal in South Dakota passed through the House and a Senate Committee before failing by a single vote in the full Senate.

Silver peakUnited statesSouth dakotaRapid cityLawrence countyWest riverChina generalBlack hillsGarth wadsworthKwinn neffNatural resources committeeSierra clubIzaak walton leagueBiden administrationUs geologicalHills clean water alliance

Senate panel passes lithium designation change

The move subjects the mineral to a state tax. Critics say it doesn’t belong under that designation.

Black hillsSouth dakotaUnited statesKwinn neffKirk chaffeeDakota mineral industriesSenate agSouth dakota mineral industriesNatural resources

Lawmaker s second attempt to tax lithium mining passes first test - Mitchell Republic | News, weather, sports from Mitchell South Dakota

The bill would classify South Dakota lithium as a precious metal – like gold and silver – and place a 10% tax on company profits from lithium mining.

South dakotaUnited statesBlack hillsKirk chaffeeJason evansKwinn neffBrett koeneckeSierra clubIzaak walton leagueNatural resources committeeDakota mineral industries associationDakota association of county commissionersDepartment of revenueSouth dakota associationCounty commissionersHouse agriculture

Lawmaker s second attempt to tax lithium mining in South Dakota passes first test

Lithium is a key metal for modern batteries in electric vehicles and other consumer items, and mining claims have rapidly spread in the Black Hills.

South dakotaUnited statesBlack hillsKwinn neffKirk chaffeeJason evansBrett koeneckeSierra clubNatural resources committeeDakota mineral industries associationDepartment of revenueDakota association of county commissionersIzaak walton leagueSouth dakota associationCounty commissionersHouse agriculture

Time to talk mining at Black Hills Forum and Press Club event

Last year’s federal Inflation Reduction Act is boosting interest in minerals contained in the Black Hills. That’s raising curiosity and concern for area residents who attended a Black Hills Forum and Press Club event on Friday.

Black hillsSouth dakotaUnited statesHill cityPactola reservoirRapid creekLee strubingerRick bellKwinn neffJustin herremanDakota mineral industriesHills forumInflation reduction actBlack hills forumPress clubSouth dakota mineral industries

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