They’ve hit the mother lode.
We may no longer need to rely on foreign batteries to power our electronics. Geologists have announced that the Appalachian Mountains could be hiding a sprawling multibillion-dollar cache of lithium that could last the US hundreds of years.
“This research shows that the Appalachians contain enough lithium to help meet the nation’s growing needs,” declared US Geological Survey Director Ned Mamula in a statement.
According to a map by the institution, this East Coast mountain range houses around 2.5 metric tons of this battery precursor, most of which is concentrated in the Carolinas, Maine and New Hampshire. Total value: around $64.4B dollars.
Per Bloomberg, the US imports nearly half of its consumption of lithium, which powers lithium-ion batteries that are used for everything from iPhones to vehicles and even aerospace alloys.
With this recent mineral motherlode, USGS officials estimate that we could supply 1.6 million grid-scale batteries — enough to power 130 million electric vehicles or supply 180 billion laptops for a collective thousands of years of global use.
It could also fuel 500 billion cellphones, the equivalent of 60 devices for every person on Earth.
All told, this haul is enough to replace 328 years of imports at least year’s level, providing “a major contribution to US mineral security, at a time when global lithium demand is rising rapidly,” said Mamula.
Hellbound and Down 