The hype surrounding Nevada as a potential lithium extraction site has been gaining momentum in recent months.
The mineral lithium is widely used in the production of rechargeable and non-rechargeable batteries for consumer electronics, electric vehicle traction batteries, and numerous other industrial applications due to its high specific capacity and low self-discharge rate.
Most of the world’s lithium production has traditionally come from Australia, Chile, China, and Argentina, but rising commodity prices have forced businesses to reconsider their sourcing options.
As a result of rising demand, Nevada — more specifically, the dry lake beds of Clayton and Alkali Lake — has emerged as a viable location for lithium mining.
The Clayton and Alkali Lake deposits both contain high grade lithium in its subsurface brines. Both areas have an estimated total resource of 8 million tons of lithium carbonate equivalent, which is enough to cover global demand for over a decade.
In addition, the dry lake beds lack vegetation, so the environment is relatively free from disruption. Transportation of the mineral from the site to production facilities is also straightforward, as Nevada has an extensive transport network already in place. This, in turn, should make the new venture easy to manage.
The process of extracting lithium from the lake beds would involve pumping it up to the surface, where it will be pressure filtered and refined. The brine will then be mixed with a suitable solvent to precipitate the lithium out of solution.
In addition to being a potential supplier of high-grade lithium, Nevada has also caught the attention of major oil and gas companies who are looking to invest in it. This is because Nevada is home to a number of geothermal resources which could potentially be used for energy production in the future.
If Nevada is able to capitalize on its lithium and geothermal resources, then it could become an integral part of the global energy industry. It could also help bring much-needed employment to the state and help boost economic activity.
For these reasons, Nevada could be the next lithium frontiers, and the key players involved will be watching closely to see how this pans out.