A California lake could sit on top of a ‘white gold’ mine after a federally funded study found the Salton Sea has the world’s largest lithium supply.
The Department of Energy (DOE) shared the Lawrence Berkeley National Laboratory results, which determined the underground pool could hold 18 million tons – enough to meet the US’s demand for the valuable metal for decades.
One ton of lithium is currently priced at $29,000, making the supply in the Salton Sea worth more than $540 billion.
While the Salton Sea has long been known to hold lithium, this is the first analysis to show the extent of the supply, which the DOE said could support over 375 million electric vehicle batteries.
Just as EVs lose their luster and just after I sold my beach front property on the Salton Sea, even left the umbrellas behind. ABN
American Buddhist Net 