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A massive lithium reserve of 19 million tons has been discovered in the USA! It meets both imports and exports.

A massive lithium reserve of 19 million tons has been discovered in the USA! It meets both imports and exports.

22.10.2024 16:20

It has been reported that the United States has discovered lithium reserves ranging from 5 to 19 million tons. The reserves identified in the Smackover Formation in Arkansas are said to be capable of meeting nine times the global demand.

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The new discovery announced by the United States Geological Survey (USGS) is said to be able to meet at least nine times the projected global lithium demand for 2030. It has been learned that the lithium reserves identified through a study using artificial intelligence-based machine learning techniques range between 5 to 19 million tons.

LITHIUM IS ALSO USED IN ELECTRIC VEHICLES

The lithium used in batteries has gained critical importance with the transition from fossil fuels to electric and hybrid vehicles. It is stated that the discovered reserve could also meet the United States' lithium imports in this regard. It is predicted that the U.S. could become the leading lithium supplier by 2030.

The U.S.-based oil and gas company Exxon opened the first well in the region in November 2023. It is known that the lithium-containing Smackover Formation extends to Louisiana, Texas, Alabama, Mississippi, and Florida.

RENEWABLE ENERGY IS ALSO DEPENDENT ON LITHIUM

Lithium is vital in today's technology and energy transition. Especially the lithium-ion technology used in the batteries of electric and hybrid vehicles has become indispensable for the automotive industry, which is moving away from fossil fuels. These batteries enhance vehicle performance by offering high energy density and long life, while also playing a critical role in the storage of renewable energy sources.

In the global transition to clean energy, lithium also stands out as a fundamental component in energy storage and transportation.

ECONOMIC GROWTH AND ENERGY INDEPENDENCE

In this sense, the strategic and economic importance of lithium is also increasing. Its widespread use in many sectors, from electronic devices to energy storage systems, offers advantages for countries with lithium reserves. Economic growth can be supported through lithium mining and exports, and energy independence can be achieved.



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