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$1.5 Trillion Dollars Worth Of 'White Gold' Found In Supervolcano On Nevada-Oregon Border

$1.5 Trillion Dollars Worth of ‘White Gold’ Found in Supervolcano on Nevada-Oregon Border

by Zero Hedge
September 13, 2023
in Aggregated, News

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 […]

Read the Whole Article From the Source: www.zerohedge.com

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