Wednesday, October 7, 2015

USA, Nevada: Opportunities for Lithium from Geothermal Brine

Lithium Market Set To Explode – All Eyes Are On Nevada (oilprice.com)

Artist's impression of Tesla’s upcoming battery gigafactory
While other commodities are floundering or completely collapsing in this market, lithium—the critical mineral in the emerging battery gigafactory war—is poised to explode, and going forward Nevada is emerging as the front line in this pending American lithium boom.

Most of the world’s lithium comes from Argentina, Chile, Bolivia, Australia and China, but American resources being developed by new entrants into this market have set up the state of Nevada to become the key venue and proving ground for game-changing trade in this everyday mineral. Nevada is about to get a boost first from Tesla’s upcoming battery gigafactory, and then from all of its rivals.

At the end of the day, Nevada has enough lithium brine to earn it a place among the key global venues—a list that for now includes the “Lithium Triangle” of Bolivia, Argentina and Chile, as well as China.

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