Key Takeaways U.S. government backing strengthens domestic lithium supply, reducing geopolitical risks.QuantumScape's solid-state batteries rely on lithium-metal, benefiting from stable access.Lower costs and secured supply could support QS' long-term growth and commercialization.The U.S. government’s recent push to secure domestic lithium supply could be a major tailwind for QuantumScape Corp. (QS) , one of the most promising solid-state battery developers in the electric vehicle (EV) space.Last week, the ...

Core Insights - Sienna Resources Inc. has renewed all its lithium claims in Nevada, including the Cave Creek Lithium Project, which consists of 61 contiguous claims totaling approximately 1,230 acres [2][3] - The company has also renewed multiple claim blocks in Clayton Valley, including the Clayton Valley Deep Brine Project, which is enclosed by Schlumberger within the only producing lithium brine formation in the U.S. [3] - The renewed focus on domestic lithium sources is driven by President Trump's interest in Lithium Americas' Thacker Pass Lithium Deposit, which is expected to increase investor interest in U.S.-based lithium projects [4] - Sienna Resources has over 25 million shares outstanding and plans to be active on its lithium projects in the near term, emphasizing its commitment to advancing its lithium exploration portfolio in Nevada [4]