Arkansas Discovers Potentially Vast Lithium Reserves for EV Batteries! ⚡

News & Articles
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Summary:

  1. Major Lithium Find
    Researchers found significant lithium reserves in Arkansas, potentially enough to meet global demand.

  2. Location of Reserves
    The lithium is located in the Smackover Formation, an underground brine reservoir.

  3. Extraction Method
    Lithium could be extracted from brine waste produced during oil and gas extraction.

  4. Implications for U.S. Industry
    The discovery could boost U.S. lithium production, reducing reliance on imports, mainly from Australia and South America.

  5. Government Support
    The Biden administration encourages domestic production of materials for lithium-ion batteries, enhancing supply chain resilience.

Read more at: New York Times