May 5, 2024

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“White Gold”: The metal that is worth billions and can change everything (video)

“White Gold”: The metal that is worth billions and can change everything (video)

This amount of lithium could power more than 382 million electric vehicle batteries, a statistic that underscores the enormous value and potential of this discovery.

In pioneer Discoverythe Scientists They have located what is believed to be the world’s largest repository of “White gold“, or lithium, under the largest lake in the south California. This revelation, which emerged from a study she funded Ministry of Energy (DOE), represents a massive shift in capabilities Mining Lithium and its effects in the energy sector.

Initial drilling operations confirmed the presence of four million tons of lithium. Other scientific estimates pushed this number to 18 million tons. This amount of lithium could expire 382 million batteries of electric cars, a statistic that confirms the enormous value and potential of this achievement.

Gov. Gavin Newsom’s comparison between the Salton Sea and Saudi Arabia is now taking on new validity. The estimated value of lithium deposits under the Salton Sea $540 billionbased on approximately the current value of lithium $29,000 per metric ton.

Michael McKibben is a professor of geochemistry at the University of Riverside California One of the report’s 22 authors emphasized the importance of this discovery, saying: “It is one of the largest salt lithium deposits in the world». He also noted that this result could make the United States self-sufficient in lithium production, eliminating the need to import from countries like China.

The impact of the discovery on the market

The implications of this discovery are enormous. With growing demand for electric vehicles and renewable energy storage solutions, lithium has become a sought-after commodity. The United States, with such a huge reserve of lithium, is about to shake up its energy and economic landscape.

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Climate columnist Sammy Roth, speaking on KJZZ Radio’s The Show, pointed to longstanding knowledge of lithium reserves in the region, noting the long-known presence of lithium in the “superheated underground pool” beneath the Salton Sea.

This discovery not only promises to change the United States’ position in the global lithium market, but is also an important step toward sustainable and independent energy solutions.