What is the estimated value of the lithium discovered in Arkansas?

The discovered lithium trove is valued at approximately $2.3 trillion.

When is the lithium expected to be harvested in Arkansas?

The harvesting of lithium using the new extraction technology is anticipated to begin by 2028.

How will the new lithium extraction process work?

The Direct Lithium Extraction (DLE) process involves pumping out lithium-rich saltwater, filtering the minerals, and returning the processed groundwater to the Earth.

Home / Business and Economy / US Unearths $2.3 Trillion 'White Gold' Lithium Trove

US Unearths $2.3 Trillion 'White Gold' Lithium Trove

30 Jan

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Summary

Arkansas holds an estimated 19 million tons of lithium.
New chemical extraction process will enable harvesting by 2028.
This discovery could significantly reduce US dependence on China.

US Unearths $2.3 Trillion 'White Gold' Lithium Trove

The United States may soon tap into a substantial $2.3 trillion treasure of lithium, a vital component for batteries and technology. An estimated 19 million tons of this 'white gold' has been identified underground in Arkansas within the Smackover Formation.

New chemical extraction technology, known as Direct Lithium Extraction (DLE), is expected to allow for the harvesting of this lithium by 2028. Standard Lithium, a commercial entity, is developing a processing plant in Lewisville, Arkansas, with federal support, aiming to establish the US as a major global lithium supplier.

This vast resource could alleviate the nation's current dependence on China, which dominates approximately 70 percent of the global lithium supply. The DLE process involves extracting lithium-rich saltwater, filtering out the mineral, and returning the water to underground reservoirs within 24 hours.