The largest known lithium mine in the United States, the Nevada mine, produces 25 percent of the world's lithium.

Published: Aug 30, 2018 08:14

SMM8, March 30-the largest known lithium deposit in the United States is in northern Nevada, and a mining company says it has big plans. This high grade, high concentration of minerals is found in McDermitt Caldera, which extends from Humboldt County to Oregon.

Tim Crowley, vice president of government affairs and community relations at Lithium Nevada, said: "We have found an area that can be exploited for 46 years." "it's almost unheard of."

Demand for lithium is on the rise as consumers are using more devices that require energy storage.

"demand for lithium products supporting battery production is expected to quadruple by 2025," Zawadzki said.

"you'll see that it's going to be an electric car in our market," Crowley said. " "you can see it in your home battery and use it to store energy at home. Consumers are making full use of lithium batteries. The market will continue to grow and grow. "

The mine will use sulfuric acid to extract lithium from clay. On-site sulfuric acid and lithium processing plants are expected to be built in the next two years.

"its advantage is that it will be controlled, safe, clean and efficient," Crowley said. "

Six years of environmental work has been completed at the Nevada lithium mine, which extends to ecologically sensitive areas and will not be exploited.

"We will spare no effort to study the impact of this project on water, wildlife and surrounding areas, and we find that the impact is very small," Crowley said. "

The mine is about 1.5 miles long, about 0.5 miles wide and about 350 feet deep. Compared with many other open-pit mines, this is not very big.

Nevada's only operational lithium mine is in Silver Peak, Esmerelda County. It extracts minerals from groundwater and pumps them into a storage pool on the surface, where it evaporates. Since the lithium of the Thacker Pass project is in clay, they will use strip mining to collect ore.

Over its 46-year life cycle, the mine is expected to generate $6.7 billion in state and federal taxes.

(article compiled from external network)

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Beijing Launches 500-kV Power Project in Fengtai, Boosting Grid Resilience and Industrial Growth
19 hours ago
Beijing Launches 500-kV Power Project in Fengtai, Boosting Grid Resilience and Industrial Growth
Read More
Beijing Launches 500-kV Power Project in Fengtai, Boosting Grid Resilience and Industrial Growth
Beijing Launches 500-kV Power Project in Fengtai, Boosting Grid Resilience and Industrial Growth
On January 28th, the construction of the 500-kilovolt power transmission and transformation project in Fengtai, Beijing officially started. This project is the first newly-built 500-kilovolt power grid project in Beijing during the 15th Five-Year Plan period. It will significantly enhance the resilience and power receiving capacity of the southern Beijing power grid and provide reliable power support for Beijing to continuously optimize the investment structure and vigorously develop high-end, precise, and cutting-edge industries. The 500-kilovolt power transmission and transformation project in Fengtai, Beijing is a key project of Beijing's power grid during the 15th Five-Year Plan period and one of the "3 100" key projects in Beijing this year. It is constructed and managed by the State
19 hours ago
Shaanxi-Anhui UHV DC Project's 500-kV AC System at Hezhou Station Begins Operation After Trial Run
19 hours ago
Shaanxi-Anhui UHV DC Project's 500-kV AC System at Hezhou Station Begins Operation After Trial Run
Read More
Shaanxi-Anhui UHV DC Project's 500-kV AC System at Hezhou Station Begins Operation After Trial Run
Shaanxi-Anhui UHV DC Project's 500-kV AC System at Hezhou Station Begins Operation After Trial Run
On February 1st, the 500-kilovolt AC system of the Hezhou Converter Station, the receiving-end station of the ±800-kilovolt UHV DC power transmission project from northern Shaanxi to Anhui, was officially put into operation after a 24-hour trial run.
19 hours ago
750-kV Power Line Connecting Northern to Central Shaanxi Fully Operational
19 hours ago
750-kV Power Line Connecting Northern to Central Shaanxi Fully Operational
Read More
750-kV Power Line Connecting Northern to Central Shaanxi Fully Operational
750-kV Power Line Connecting Northern to Central Shaanxi Fully Operational
On February 2nd, the 750-kilovolt power transmission and transformation project of the third passageway from northern Shaanxi to central Shaanxi was fully connected. The project starts from the 750-kilovolt Shuofang Substation in Shenmu City in the north and ends at the 750-kilovolt Bailuyuan Substation in Lantian County in the south. It has newly built a 1,271-kilometer line, passing through 18 counties (districts) in 4 cities including Yulin, Yan'an, Weinan and Xi'an.
19 hours ago