How much you wanna bet that Trump will somehow cause the entire deposit to catch fire?
It’s like discovering another Elon Musk!
Abundance of critical minerals and lack of democracy. Very dangerous combination, deploy military democracy enforcement!
wow MONEY and VALUE for STONES for SOMEONE upstream from the LABOR
Malheur County, Oregon
thanks
Thank you
Lithium will run out lol. Any time now.
That site is unreadable on mobile.
Seems fine to me
lucky you. Nothing but ads for me.
RARE EARTH METALS ARE NOT RARE!
Lithium is the 25th most abundant element in Earth’s crust!
we see these head lines all the time because it is everywhere, the problem has never been finding it, it’s been refining it, and china has a Monopoly on the refining techniques and refuses to do business with anyone who tries to adopt the technology and restricts travel of the people with the knowledge to do so.
Lithium is literally named after stone. No one ever claimed it is rare.
When an X deposit is found, it means that a place has been found where an unusual concentration of a material in an easy/cheap-to-extract form has been found.
There are thousands of tons of gold in the ocean water. But no one would call the ocean a gold deposit. Because it would require a ton of effort/money to extract a tiny amount of gold from the ocean.
All true, but lithium is not a rare earth metal.
Lithium isn’t a rare earth
I find this perspective funny nowadays, and I want more people to question it, really question it. It’s valued at over $1.5 trillion? No, it’s worth nothing if it just sits there doing nothing. If you worded it as “Could be worth…” then I’d give it a pass. But don’t let yourself be fooled, that lithium has absolutely no real value if it’s not mined and put towards something that someone can use to improve their quality of life.
That’s… That’s what “valued at” means…
No it’s not, I don’t value it at all because I can’t actually use it for anything right now.
“I’m homeless right now, so future affordable housing is worth nothing to me.”
If you’re homeless then at your current time it’s valueless. It’s like being told “there’s an abundance of food being grown… in 5 years” and you die of starvation.
But that’s how people use it though? It’s used to mean “we’re think it’s about this much”
A trip to wiktionary will inform you that value has multiple meanings. And honestly a random persons opinions don’t really matter in the mining world which is pretty small and doesn’t really care about general society.
Right but you’re not a billion dollar company that will excavate the minerals and sell them for a profit
How do you know they’ll do that? What if it just sits in the ground for a million years, does it have any value then?
technically, it enhances the value of the land it’s under. as in if you own that land, and someone wants to buy it for mineral extraction, the value got whole lot higher knowing there is lithium there.
Like to make it completely clear, I could value the moon at $5 trillion, it doesn’t matter because I can’t actually get to the moon.
I can get to my house, and I can value it at 5 trillion €. That doesn’t make it worth 5 trillion €.
If an actual person/company that values things for a living, does an analysis on the value of my house, and it is valued by X€, then it is probably valued at X€. If someone says “pff just because they say so? I’ll buy your house for 5€”. Then a lot of people will come and say “5€? That’s a steal, if you’re gonna give it for such a low price, I’ll get it for 6€”, and it will probably go on until it reaches an amount very close to X€. If it ends up way below X€, the ones that did the analysis would probably want to buy it themselves, because they actually think they can make a lot of profit on that.
I don’t know why I have to explain this. This is very basic economics.
False analogy, a house isn’t a raw material in the ground that no one has touched.
Let’s do one with raw material in the ground:
There is a mountain that is 99% made of solid gold, but none bothered to check. Some random dude has the mineral rights for that mountain.
Suddenly one day, that dude wanders in his mountain and makes a 1m deep hole and finds the gold. He has not yet extracted a single gram of gold.
So you say that mountain has no value?
Or has the analogy have to be lithium now?
Really bizarre to write or post an article saying this deposit was ‘discovered’. This is decade old news. I saw the headline and thought ‘oh nice that’s like a whole other Thacker Pass’ but it literally is just Thacker Pass.
Somebody needs to figure out a way to prevent people from upvoting headlines of articles they haven’t read because as far as I can tell there is absolutely no reason to post or upvote this.
Good, the children yearn for the lithium mines. /s
Maybe I should re-train from computer programmer to lithium miner?
I don’t think the people in power care for those sort of miners
The current ones definitely do.
They’re saying they like minors
I had just woken up, I’ll leave it.
bet it’s inside a national park that the GOP just exposed through government rollbacks.
Well, if it’s good enough for quartz mining…
If only there was information in the post about where it is then you wouldn’t have to guess. Or you can just make stuff up to get mad at.
sorry if I don’t immediately trust a source of information that was founded by a venture capitalist chud.
Has anyone done the ‘US invades itself’ joke yet?
The Republican party, I guess.
The federal government invades that state for “peace and freedom”
And “truth”. Don’t forget “truth”.
Lithium isn’t quite like gold. It is not rare at all. The news isn’t that it is there, the news is that someone has found a place where it is relatively easy to dig, and lots of it.
In only a few years, most batteries will be made without lithium anyway.
In only a few years, most batteries will be made without lithium anyway.
Citation needed.
Sodium-ion and maaaaybe iron are promising, with sodium-ion making the most headway.
https://batterycouncil.org/battery-facts-and-applications/about-sodium-batteries/
Not quite widely commercially available yet, but I wouldn’t invest heavily in lithium is it was me.
Ehh… Lithium batteries are going to be around for quite a while even if sodium ion batteries take off. It’s just more energy dense than sodium ion, so it’s always going to be better for things like portable electronics.
Sodium ion might take over the market for heavier batteries like stationary power banks.
Sure, not saying they’re going away, just that investment in the new option would be how I would spend my money.
Consult a periodic table. Lithium will always out perform sodium. Sodium batteries only exist because lithium costs more, but these large deposits are being found worldwide every few months and lithium will drop in price as a commodity. At some point, recycling will require much less new lithium to be mined.
A periodic table doesnt dictate marginal rate of return on mining the element.
Consult a periodic table on which element conducts electricity best and then explain why copper is the most commonly used metal for wires.
Sodium is better in the more important ways than lithium.
Either state WTF you are talking about or find a better way to waste people’s time.
I wrote it on other comments. I’m not here to summarize the internet for you.
I’m not here to summarize the internet for you.
Fair, but how about you instead justify your point? That seems like a more reasonable ask.
I wrote it on other comments.
I’m not here to aggregate your content for you.
Wood is cheaper than steel. Which apparently is the most important way to be better in. But I wouldn’t build a skyscraper out of it.
Saying that energy density is not important in energy storage technology is as stupid as saying that material strength is not important in building materials.
You know there are skyscrapers built out of wood, right? And they’re kind of awesome.
I searched for “tallest wooden building” there actually is a list in wikipedia of the tallest buildings.
The tallest of the list is not even a building, it’s a radio tower. At ~110m.
The closest city to me that has a skyscraper has a single skyscraper, and it is >150m tall.
I would not build a skyscraper out of wood.
in the more important ways
This is HIGHLY dependent on use case
CATL claims an energy density near Li-ion with a definite advantage on cold and hot weather environments, no thermal runaway and 10,000 cycles. Also, it’s supposed to cost less because materials are much cheaper.
175Wh/kg very
Doubt (x)
Also, it’s supposed to cost less because materials are much cheaper.
Lithium is currently in a temporary dip in prices. It’s going to go back up
Yes you may quote me, if you really need it.
Or leave it. For reasonable people, it is obvious anyway.
I already quoted you. I don’t need your permission to do it.
If you’re not gonna even try to defend your position you’re just spreading misinformation.
LMAO
Have you not been paying attention to the development of sodium batteries? They are already surpassing LithIon batteries in energy density and cost.
Cost, yes, energy density, very much no.
So good for grid storage, bad for vehicles?
Yes. Chinese manufacturers are using sodium batteries in some low-range cheap city-cars, too. But fundamentally there is less energy storage in a charged sodium atom than a charged lithium atom so it seems sodium batteries must always be bigger and heavier than equivalent-capacity lithium batteries.
But fundamentally there is less energy storage in a charged sodium atom than a charged lithium atom so it seems sodium batteries must always be bigger and heavier than equivalent-capacity lithium batteries.
Well the battery chemistry will always include much more than just the loose charge carrier of Na+ or Li+ or whatever cation floating around. It’s always a suitable cathode material made from other elements, too. Lithium ion batteries in cars today have cathodes mostly of high performance lithium nickel manganese cobalt oxides (NMC) or cheaper/more stable lithium iron phosphate (LFP).
The dominant sodium ion chemistry hitting mass production now uses Prussian Blue Analogues for the cathode (made from a 3d matrix out of sodium, plus a metal like iron/manganese/nickel, plus cyanide made from carbon and nitrogen).
Plus even separately from the raw chemistry of the battery, built in mechanisms for durability or longevity or charge cycles or thermal management or safety or other material properties may change the overall weight of the battery for any particular performance characteristics.
In the end, the performance of the entire battery is what matters, and lithium’s head start in less weight per cation may one day be overcome if the overall materials involved can be lighter in some as-yet commercialized sodium ion chemistry.
Not exactly, they work better in cold temps for northern countries.
That doesn’t stop sodium batteries from being fundamentally bigger and heavier than lithium batteries for the same capacity. That just means the tradeoff can be more worth it in some regions
And awful for phones
Not necessarily bad for cars. Some vehicles can use just sodium batteries. Some companies are looking at making battery packs with mixed cell types in different ratios to get a best of both worlds for their use case. Sodium sucks for personal electronics though
In only a few years, most batteries will be made without lithium anyway.
Really depends on the use case. Grid-scale storage? Yeah, there’s better chemistries for that. Cars? We’re probably going to see a mix of chemistries in the same battery packs to tailor use case. In personal electronics? No, lithium will remain king
Would be hilarious if China figured out efficient electrolysis and powered all their stuff using hydrogen but our huge and inefficient data centers needed all of our fresh water.
Hilarious. 😒
if China figured out efficient electrolysis and powered all their stuff using hydrogen
https://ec.europa.eu/commission/presscorner/detail/en/ip_26_1004
North sea windmills will be generating hydrogen from wind electricity.
More likely that most batteries are made from lithium recycled from old batteries rather than mined lithium.
