New Wyoming lithium deposit could meet all U.S. demand

See on Scoop.itGreen & Sustainable News

The U.S. currently imports more than 80% of the lithium it uses, with the silvery metal winding up in batteries from cell phones to electric cars.

Duane Tilden‘s insight:

“University of Wyoming researchers found the lithium while studying the idea of storing carbon dioxide under ground in the Rock Springs Uplift, a geologic formation in southwest Wyoming. University of Wyoming Carbon Management Institute director Ron Surdam stated that the lithium was found in underground brine. Surdam estimated the located deposit at roughly 228,000 tons in a 25-square-mile area. Extrapolating the data, Surdam said as the uplift covered roughly 2,000 square miles, there could be up to 18 million tons of lithium there, worth up to roughly $500 billion at current market prices.”

See on www.mining.com