[SMM Tin News Flash: USGS: Lithium Ore in Appalachia Sufficient to Meet Demand for 130 Million EVs]
The latest research by the US Geological Survey (USGS) indicated that the Appalachian region in the eastern US contains enough lithium to reduce the country's dependence on imports for centuries to come. The study showed that this area, covering Maine, New Hampshire, and the Carolinas, holds approximately 2.3 million mt of previously unnoticed and economically viable lithium ore. This lithium ore is sufficient to meet the demand of 130 million EVs or 1.6 million power grid-scale batteries. Calculated based on the amount of lithium ore imported by the US last year, these reserves could replace 328 years of imports.