Massive lithium reserve discovered in Arkansas could power global EV industry– www.techspot.com
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Excerpt:
Why it matters: As the world continues its shift toward cleaner energy sources, a discovery of a massive lithium deposit in Arkansas could play a pivotal role in shaping the future of transportation and energy storage. But challenges in its extraction and production must first be addressed.
Researchers have uncovered an enormous lithium deposit in southwestern Arkansas – a discovery that has the potential to remake the electric vehicle industry and bolster the US’ position in the clean energy race.
A joint study led by the US Geological Survey (USGS) and the Arkansas Department of Energy and Environment’s Office of the State Geologist found an estimated 5 to 19 million tons of lithium reserves beneath the state. It is a staggering amount that could meet the projected 2030 world demand for lithium in car batteries nine times over.