Buried beneath an ancient volcanic crater on the Nevada Oregon border sits an enormous deposit of lithium rich clay. Scientists now think this quiet landscape may hold enough lithium to influence the global battery market for decades.

A new study argues that McDermitt caldera may host about 20 to 40 million metric tons of lithium, likely the largest deposit yet identified.

Using the recent United States’ average contract price for lithium carbonate, about 37,000 dollars per ton, that estimate comes out to be nearly $1.5 trillion.

    • ameancow@lemmy.world
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      2 months ago

      Likely. Claiming to have resources is a new “get rich quick” scam meant to drive investments in one direction or another. Russia just claimed to have found a bajillion kajillion barrels of oil under antarctica, which is soooo convenient that they find it in an area with international claim and where it’s really, really hard to verify 🙄

    • diverging@piefed.social
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      2 months ago

      The volcano now is about 400 miles away, in Yellowstone, so there shouldn’t be a problem with that. And no, the volcano did not move, the continent did.

    • tidderuuf@lemmy.world
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      2 months ago

      I’ve played so many mining video games just give me an industrialized mega sized 3d printer, couple million dollars and I’ll be set for life with that mine untouched.

  • MyTurtleSwimsUpsideDown@fedia.io
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    2 months ago

    Well there goes the US’s chances of being a player in the sodium ion battery race. Our gov won’t support technological advancement while some rich fuck can milk an extant cash cow.

    I mean we’ll still need lithium to transportation for its energy:weight properties but still. Hopefully this turns out to be a good thing.

    Any bets on whether Musk or an oil company is gonna get the first subsidies to start a mine there?

    Sorry for being a downer. I’ve been in a mood this year.

  • VoodooAardvark@lemmy.zip
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    2 months ago

    Anyone who lived through the 90s knows that natural disaster movies were as prolific as super hero movies have been for the last 20 years… and Pierce Brosnan is too old to save us from another volcano

    • myrmidex@belgae.social
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      2 months ago

      Linda Hamilton was kick-ass in the latest Terminator movie. I bet she can still get shit done.

  • ElectricAirship@lemmy.dbzer0.com
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    2 months ago

    I have been to McDermitt a few times… It’s a very interesting place for amateur geologists bc of the abundance of different gemstones.

    It is a beautiful desert biome as well.

    • krashmo@lemmy.world
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      2 months ago

      Not for long. Capitalists about to do more stripping in that caldera than your mom does on Tuesday nights down at the Beaver Barn.

  • Gary Ghost@lemmy.world
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    2 months ago

    Apparently the lithium is very shallow and so I hope this means that we wouldn’t cause an active super volcano. They are worried about changes to the landscape but what about pollution? I guess that depends on where they process the lithium. Also why would anyone think they have claim to the deposit when the government wants it?