Kirk Chaffee

A Senate committee has killed a bill that would tax one of the world’s most in-demand minerals—lithium.

House lawmakers are passing a bill that adds a severance tax on the mineral lithium. About 50,000 acres of public land in the Black Hills are under a lithium mining claim.

A House panel is advancing a bill to tax lithium mining profits. The move comes as the value of lithium has skyrocketed alongside demand for electric vehicles.

South Dakota's critical infrastructure bill passed the House Commerce and Energy Committee on Wednesday, March 4. Senate Bill 151 is modeled after similar…