$65bn lithium motherlode mapped beneath America's oldest mountains

"USGS Director Ned Mamula stated, 'This research shows that the Appalachians contain enough lithium to help meet the nation's growing needs, a major contribution to US mineral security at a time when global lithium demand is rising rapidly.'"

"The projected supply of lithium could replace roughly 328 years of US lithium imports at current levels, marking a significant step toward strengthening America's mineral independence."

"Scientists estimate that the lithium could power about 1.6 million grid-scale batteries or as many as 130 million electric vehicles, highlighting its potential impact on the energy sector."

"Lithium supply security has become a priority for technology companies, especially as global lithium production capacity is projected to double by 2029 due to surging demand."

The US Geological Survey estimates 2.5 million tons of lithium may be buried in the Appalachian Mountains, particularly in the Carolinas and northern New England. This supply could replace 328 years of US lithium imports and is valued at approximately $64.4 billion. It could power 1.6 million grid-scale batteries or 130 million electric vehicles. The Appalachian Mountains, formed 480 million years ago, contain lithium-rich rocks created during ancient tectonic activity. As global lithium demand rises, supply security is increasingly important for technology companies, especially given China's dominance in the market.

Read at Mail Online