{"id":9834,"date":"2023-09-10T22:04:29","date_gmt":"2023-09-10T22:04:29","guid":{"rendered":"https:\/\/prosfunds.com\/news\/lithium-deposit-found-in-us-may-be-among-worlds-largest-study-finds\/"},"modified":"2023-09-10T22:04:30","modified_gmt":"2023-09-10T22:04:30","slug":"lithium-deposit-found-in-us-may-be-among-worlds-largest-study-finds","status":"publish","type":"post","link":"https:\/\/prosfunds.com\/?p=9834","title":{"rendered":"Lithium deposit found in US may be among world\u2019s largest, study finds"},"content":{"rendered":"<div><!----> <!----> <\/p>\n<div class=\"featured featured-video video-ct\">\n<div class=\"contain\">\n<div class=\"info\"><\/div>\n<\/div>\n<\/div>\n<p>A deposit of lithium recently discovered along the Nevada-Oregon border may be among the world\u2019s largest, having potentially huge implications for the transition to electric vehicles.\u00a0<\/p>\n<p>Volcanologists and geologists from Lithium Americas Corporation, GNS Science, and Oregon State University reported their findings in a paper for Science Advances, published August 31.\u00a0<\/p>\n<div class=\"inline image-ct\">\n<div class=\"m\"><picture><source media=\"(max-width: 767px)\" ><source media=\"(min-width: 768px) and (max-width: 1023px)\" ><source media=\"(min-width: 1024px) and (max-width: 1279px)\" ><source media=\"(min-width: 1280px)\" ><\/source><\/source><\/source><\/source><\/picture><\/div>\n<\/p><\/div>\n<p>The deposit exists in the McDermitt Caldera, a caldera approximately 28 miles long and 22 kilometers wide. It is believed that the caldera contains around 20 to 40 million metric tons of lithium \u2013 a figure that would dwarf deposits in Chile and Australia.\u00a0<\/p>\n<p><strong>MAN FORCED TO DITCH FORD TV TRUCK DURING FAMILY ROAD TRIP TO CHICAGO: \u2018BIGGEST SCAM OF MODERN TIMES\u2019<\/strong><\/p>\n<p>Belgian geologist Anouk Borst told Chemistry World that the findings &#8220;could change the dynamics of lithium globally, in terms of price, security of supply and geopolitics.&#8221;\u00a0<\/p>\n<p>The researchers\u2019 paper comes as automakers, threatened by possible shortages of lithium for EV batteries, are racing to lock in supplies. \u00a0<\/p>\n<p>Any shortfall in lithium would disrupt plans to ramp up sales to tens of millions of EV\u2019s a year. The race for lithium has also fueled political conflict \u2013 particularly with China \u2013 and complaints about the environmental cost of extracting them.\u00a0<\/p>\n<p><strong>CLICK HERE TO GET THE FOX BUSINESS APP<\/strong><\/p>\n<p>Globally, lithium output is on track to triple over the next decade, but demand for electric SUVs, sports cars, and sedans threatens to exceed supply. Each battery requires about 17 pounds of lithium, plus cobalt, nickel and other metals.<\/p>\n<p><i>The Associated Press contributed to this report.\u00a0<\/i><\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.foxbusiness.com\/economy\/lithium-deposit-found-us-may-be-among-worlds-largest-study-finds\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A deposit of lithium recently discovered along the Nevada-Oregon border may be among the world\u2019s largest, having potentially huge implications for the transition to electric vehicles.\u00a0 Volcanologists and geologists from Lithium Americas Corporation, GNS Science, and Oregon State University reported their findings in a paper for Science Advances, published August 31.\u00a0 The deposit exists in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9835,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[38],"tags":[],"class_list":{"0":"post-9834","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Lithium deposit found in US may be among world\u2019s largest, study finds | Prosfunds<\/title>\n<meta name=\"description\" content=\"A deposit of lithium recently discovered along the Nevada-Oregon border may be among the world\u2019s largest, having potentially huge implications for the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/prosfunds.com\/?p=9834\" 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