"Karen Budd-Falen’s family ranching operation agreed to sell water rights to the company developing the Thacker Pass lithium mine."
"Karen Budd-Falen, a top official at the Department of the Interior, has financial ties to the controversial Thacker Pass lithium mine in northern Nevada — a project that the Trump administration worked to fast-track during its first term. In recent months, the administration took an equity stake in the mine and the mine’s parent company.
After an unexplained delay, Public Domain and High Country News obtained Budd-Falen’s financial disclosure earlier this month, which details her family’s extensive land holdings. Among them is Home Ranch LLC, a Nevada ranching operation valued at over $1 million. Nevada’s business search database shows a Home Ranch LLC that listed Frank Falen as the manager in February 2022. Frank Falen is also the name of Karen Budd-Falen’s husband.
In November 2018, not long after Karen Budd-Falen joined the first Trump administration as a top legal official at the Interior Department, Home Ranch LLC agreed to sell water rights to Lithium Nevada Corporation, the company developing the Thacker Pass mine, for an undisclosed amount of money, according to a Securities and Exchange Commission filing. Frank Falen is listed on the document.
A Home Ranch also appears in planning documents that Lithium Nevada submitted to federal regulators during Trump’s first term. A monitoring plan for Thacker Pass, dated July 2021, notes that the company intended to use existing stock water wells owned by Home Ranch LLC to “monitor potential drawdown impacts” from its mining operations."
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