lithium

Here’s the good news. A massive deposit of lithium has been discovered on the border of Oregon and Nevada. From the OilPrice.com story: A massive new lithium discovery on the border between Oregan [sic] and Nevada could supercharge the country’s white-gold rush. It is estimated that the newly discovered reserves under the ancient McDermitt Caldera holds a whopping 40 million metric tons of lithium. The scale of this deposit is extraordinary, “dwarfing other reserves worldwide.” Just last year, lithium producers were thrilled to find a reserve of 4 million metric tons of lithium in the Smackover Formation, a geologic formation that spans the width of Arkansas. Next to the McDermitt Caldera, that now seems a paltry sum. This deposit could Read More ›