Newly-discovered $1.5 trillion lithium deposit could revolutionize the tech industry - but bad news, it's inside a supervolcano
SMRTR summary
Scientists discovered a massive lithium deposit worth up to $1.5 trillion inside the McDermitt Caldera, a collapsed supervolcano on the Nevada-Oregon border, containing an estimated 20-40 million tons of lithium-rich clay. The deposit formed 16 million years ago when volcanic activity and hydrothermal processes enriched sediment layers with lithium, creating one of the world's largest known lithium reserves. This discovery could dramatically reduce America's dependence on imported lithium and stabilize prices for electric vehicle batteries and electronics manufacturing.
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