SCI Lithium discovery in US volcano could be biggest deposit ever found
- Thread starter jward
- Start date
vector7
Dot Collector
So, the movie The Sound of Freedom is fiction?
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ainitfunny
Saved, to glorify God.
It is "The crater – the McDermitt caldera".
as stated in post #1.
energy_wave
Has No Life - Lives on TB
Looks like we found a place to dump all those used up dead EV batteries no one can recycle. Just drop them into natures furnace and let the earth deal with it.
jward
passin' thru
I'm sure y'all are right about the mining restrictions and the eco-fascist in the short term.
But, if we go multipolar world to the degree some expect, it'll most likely change their PsOV.
Either way, it's nice to have all these resources underfoot. More valuable than $ in the bank, in some ways eh?
But, if we go multipolar world to the degree some expect, it'll most likely change their PsOV.
Either way, it's nice to have all these resources underfoot. More valuable than $ in the bank, in some ways eh?
jward
passin' thru
$1.5 Trillion Dollars Worth Of 'White Gold' Found In Supervolcano On Nevada-Oregon Border
by Tyler Durden
~3 minutes
An ancient supervolcano along the Nevada-Oregon border contains what could be the world's largest single deposit of lithium. The findings could reshape the West's supply of the critical metal -- and might even change the geopolitical game with China.
Researchers from Lithium Americas Corporation, GNS Science, and Oregon State University published their findings in the Journal for Science Advances on Aug. 31. They found the McDermitt Caldera, a caldera measuring 28 miles long and 22 miles wide, on the Nevada-Oregon border, contains around 20 to 40 million metric tons of lithium – a figure that would dwarf deposits in Australia and Chile.
Commenting on the findings is Anouk Borst, a geologist at KU Leuven University and the Royal Museum for Central Africa in Tervuren, Belgium, who told Chemistry World that the McDermitt Caldera deposit "could change the dynamics of lithium globally, in terms of price, security of supply and geopolitics."
Data from the United States Geological Survey, presented by Visual Capitalist Bruno Venditti, shows the US lags behind the world in terms of lithium production.
Even though the US has the third largest reserves.
If you can believe it, the US only has one producing lithium mine - Silver Peak - in Nevada (about halfway between Las Vegas and Carson City) - while worldwide demand is surging due to the government-forced clean energy transition. We noted in July that Exxon Mobil Corp. was in the beginning stages of possibly becoming a 'lithium kingpin.'
Thomas Benson, a geologist with Lithium Americas Corporation and co-author of the new study, expects mining operations at the McDermitt Caldera to begin in early 2026.
Lithium prices have been on a rollercoaster of a ride since Coivd. Battery-grade lithium carbonate prices in China (priced in dollars) were as low as $5,850 per ton in the summer of 2020 and jumped as much as 1,200% through the peak of $80,000 in early 2022. Prices have since collapsed to $30,000.
Daily Mail pointed out, "As of 2022, the average battery-grade lithium carbonate price was $37,000 per metric ton, meaning the volcano is potentially sitting on $1.48 trillion worth of the precious metal."
McDermitt Caldera positions Nevada as possibly the epicenter of the 'green energy white gold rush' amid a massive push by the Biden administration to force people to drive electric vehicles -- all because they say there's a 'climate emergency.'
$1.5 Trillion Dollars Worth Of 'White Gold' Found In Supervolcano On Nevada-Oregon Border | ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com
Dux
Veteran Member
They left barrels of radioactive contaminants Above Ground, to find them leaking on the ground. The wind speeds out there go up to 100 mph, located in between two mountains forming a "V" from the North West. No one noticed that when they saw a wide, uninhabited spot on the road, which later became part of the Denver Metro area (aka Broomfield and Westminster). The contaminated dust flew up and down the Front Range, from Golden to Boulder. Sure, they cleaned up the surface of Rocky Flats and name it the "Rocky Flats National Wildlife Refuge". They did the same a few miles away, now named the "Rocky Mountain Arsenal Wildlife Refuge". They declare areas to be wildlife refuges when Superfunds can't do the job fully.
Elza
Veteran Member
A sad prospect indeed. If China gets their hands on it they will be able to do anything they want. The fed.gov won't go near the operation. Now if it turns out to be a U.S. company the EPA et al will be on them like white on rice.
However, as you said Big Guy has to get his thirty pieces of silver. That would likely preclude any American involvement.
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Elza
Veteran Member
I know its funny but looky how they bankrupted Capone and sent him to prison on tax evasion charges. Don't mess with the I.R.S.
is this another deposit?
both called white gold, but seem to be different areas
....................................................................................................................................................
Massive 'White Gold' Discovery: $540B Worth of Rare Element Found at Bottom of California Lake
Story by David Wetzel • 19h
Scientists have discovered a "white gold" treasure at the bottom of a giant lake in Southern California.
While researching how much lithium was at the bottom of the Salton Sea, the largest lake in California, scientists found $540 billion worth of the element, Knewz.com has learned.
The Salton Sea is the largest lake in California. By: MEGA© Knewz (CA)
Scientists were amazed when they made the discovery during what was expected to be a basic study funded by the United States Department of Energy.
In fact, scientists say they believe there is about 18 million tons of lithium — also known as white gold because of its white sand-like appearance — at the bottom of the large body of water, according to The Independent's Indy100.com.
Scientists previously had discovered that there was 4 million tons of lithium in the lake, but now it's believed an amount quadrupling that number is present. The 4 million tons were found through a drilling process.
An aerial view of the Salton Sea. By: MEGA© Knewz (CA)
"This is one of the largest lithium brine deposits in the world. This could make the United States completely self-sufficient in lithium and stop importing it through China," Michael McKibben, a geochemistry professor at the University and one of 22 authors of the study, told Indy100.com.
Imperial County, where the lake is located, had previously begun referring to itself as "Lithium Valley" because of the amount of lithium sitting underneath, according to SFGATE.com.
Scientists say they found $540 billion worth of lithium in the Salton Sea. By: MEGA© Knewz (CA)
Los Angeles Times journalist Sammy Roth explained to KJZZ-FM radio the potential impacts of the lithium there.
"They found that there's potentially enough lithium down there to supply batteries for 382 million electric vehicles, which is more, more vehicles than there are on the road in the United States today. So, if we could get all that lithium, that'd be huge," Roth said.
However, getting to all the lithium would present obstacles.
The Salton Sea is located in Riverside and Imperial counties in Southern California. By: MEGA© Knewz (CA)
It would require "geothermal production wells to extract the lithium-rich brine from thousands of feet below the earth’s surface, and once the lithium is dissolved from the brine, the liquid is pumped back underground," according to SFGATE.com.
The process would also present challenges to the 180,000 people living there.
The drilling, which will require a large amount of water, could put the water supply in jeopardy.
Scientists say there's 18 tons of lithium at the bottom of the Salton Sea. By: MEGA© Knewz (CA)
However, the positive effects could outweigh the negative ones.
Imperial County stated in a March news release that lithium extraction would be taxed, creating new revenue streams there.
“We need to be able to dream about this County and fully envision what it would look like if it were better for everyone and people want to come and join us,” Sara Griffen, executive director of the Imperial Valley Food Bank, in a March 2023 public comment about proposed lithium taxes, according to SFGATE.com.
“We have not been able to dream like that, because we could never afford it.”
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vector7
Dot Collector
What's left after the Fundamental Transformation of the United States of America has been turned over to China...
China is winning Africa’s “white-gold” rush for lithium
A visit to the district of Goromonzi, in north-east Zimbabwe, is a lesson in economic history. Its fallow fields hint at the decay that followed the government’s seizure of white-owned farms more than two decades ago. In the surrounding hills ad hoc campsites reveal the sites of artisanal gold-miners, digging for the same yellow metal that led British colonists to cross the Limpopo river in the 19th century.
Today the rush is on for “white gold”. Every day scores of lorries rumble through Goromonzi, carrying lithium bound for China, where most of the metal is refined for use in batteries for electric vehicles and electronics. They carry loads from Arcadia, Africa’s biggest lithium mine, opened this year by Zhejiang Huayou Cobalt, a Chinese firm. “China is buying any lithium it can find,” says a local industry insider. “There’s an absolute feeding frenzy.”
China is winning Africa’s “white-gold” rush for lithium
Its grip on clean-energy minerals is a challenge for the West
Harvard professor: Llithium batteries are made from slave mines
Siddharth Kara, the author of the book Cobalt Red: How The Blood of The Congo Powers Our Lives, insists there is no such thing as 'clean cobalt' - the term given to describe ethically mined cobalt.
Safetydude
Senior Member
Yes, Colorado and other mineral rich states have been damaged by mining and smelting operations. Having lived in CO for 17 yrs, yes I saw the damages. The Sunnyside mine disaster, when they underestimated the overburden between Lake Emma and a main haulage tunnel, oops, drained an entire lake like a flush toilet right out the portal into the tailing pond and flushed all that goo down the Animes River. Then years later EPA during a clean-up action allowed the same thing to happen with a tailings treatment pond, blowout of retention dike right smack into the Animes River again. Lots of Superfund sites but EPA has also destroyed lots of historical sites like Camp Bird mine. Cripple Creek with the huge open pit mine and cyanide leach recovery operation. Casino's did more to ruin the town flavor IMO than the new open pit mine. They buried the entire town of Uravan, CO up in a valley behind the original town site, entire town was contaminated with lots of radium/uranium. With no sense of stewardship (way different philosophically than environmentalism), owners/operators were concerned about the wealth they could acquire and not for taking care of their employees and/or the environment. Look at Butt, MT, "the pit" became a bigger problem when Arco shut down mining to move copper mining to South America. Arco stopped dewatering of the mines so instead of treating the water as it infiltrated the mines, they created a huge acid lake that will likely never get cleaned up. Yes mining and milling can be done responsibly but stockholders don't like the costs. So bottom line, greed is really the destroyer. YMMV
BTW, According to a 1925 USGS book I have on Colorado minerals, there is more oil in the oil shale in the state than Saudi Arabia and that was based on 1920 available recovery technology.
BTW, According to a 1925 USGS book I have on Colorado minerals, there is more oil in the oil shale in the state than Saudi Arabia and that was based on 1920 available recovery technology.
Southside
Has No Life - Lives on TB
I remember all the way back in the 1970's when the oil prices shot up. The first thing the US did was start capping wells. All the known reserves in the Nat Parks, all locked up by scummy politicians.
bracketquant
Veteran Member
It could easily happen. Slave labor would greatly lower costs, the leftover crap could be turned into bricks, and the contamination would be limited to the 15 minute cities built from those bricks.
West
Senior
Good stuff.
Just add that the stock holders are protected by their corporations. Why the USA is a Corporation now.
Now what I'm About say is indeed well earned because I once owned a corporation.
Really we do need to bring back individuals and the fact that they can be held responsible for deeds they are responsible for.
It's the only way, to make it work. OR...
our king of king returns! Then I'll even contribute to the golden sidewalks!
wobble
Veteran Member
jward
passin' thru
US Discovers Huge Lithium Deposit (What It Means...) || Peter Zeihan
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View: https://www.youtube.com/watch?v=b-GBVRdwXVA&t=138s
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