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United States The Almighty Buck

Lithium Deposit Valued At $1.5 Trillion Discovered In Oregon (earth.com) 93

Longtime Slashdot reader schwit1 shares a report from Earth.com: McDermitt Caldera in Oregon is attracting attention for what could be one of the largest lithium deposits ever identified in the United States. Many view it as a potential boost for domestic battery production, while local communities voice concern over the impact on wildlife and cultural sites. The excitement stems from estimates that value the deposit at about $1.5 trillion. Some geologists say these ancient volcanic sediments could contain between 20 and 40 million metric tons of lithium. The study is published in the journal Minerals.

Lithium Deposit Valued At $1.5 Trillion Discovered In Oregon

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  • Plausibly so what (Score:5, Insightful)

    by locater16 ( 2326718 ) on Saturday May 10, 2025 @03:24AM (#65365971)
    The amount of lithium available in a given deposit is much less important than how cheaply accessible the lithium is. Costly lithium isn't worth much right now, we've about as much lithium as nickel in the earth's crust, and we mined 3.5 million tonnes of nickel last year vs only 180,000 tonnes of lithium. I.E. we could expand production by 20x before starting to worry about one day some of this maybe getting more expensive like we are with nickel as we contemplate mining the sea floor for it. But until then the name of the game is the cheapest lithium first, so in the immediate future it only matters how cheap, or expensive, this deposit is to extract
    • Re: (Score:2, Insightful)

      by Anonymous Coward
      LOL nickel is so cheap nickel mines are mothballed as they're uneconomical at these price levels.
      • by ceoyoyo ( 59147 )

        As are lithium mines, especially in the US.

        • ... they're uneconomical at these price levels

          As are lithium mines, especially in the US.

          Recall those supply and demand graphs from Econ 101? What happens to price when demand grows faster than supply?

          Do you think the increased electrification of US transportation, homes, and industry will increase demand?

          Now consider US tariffs that seek to erase the economic advantage of suppliers that tolerate pollution to undercut the prices of US and EU based operations. Could that be another factor?

    • The amount of lithium in the Earth's crust is almost completely irrelevant, compared to the tonnage available at the mine gate at a certain price point and lithium concentration. As the AC more-or-less points out. If you can't mine it at a reasonable concentration, it's useless.

      My "GeolNotebook" file tells me the crustal abundance is 0.0000181 (0.000013 - 0.000022) kg/kg - which is in the order of a couple of grains of table salt (or regular granulated sugar) per kg of rock mined. At the cost of literally

      • by Rei ( 128717 )

        The simple fact is that you simply just don't need that much. A typical li-ion battery, despite the name, is only 2-3% lithium by mass. And lithium deposits are on the order of 1% lithium, give or take depending on the type and quality of deposit (salar and clay less, spodumene more).

    • The amount of lithium available in a given deposit is much less important than how cheaply accessible the lithium is. Costly lithium isn't worth much right now, we've about as much lithium as nickel in the earth's crust, and we mined 3.5 million tonnes of nickel last year vs only 180,000 tonnes of lithium. I.E. we could expand production by 20x before starting to worry about one day some of this maybe getting more expensive like we are with nickel as we contemplate mining the sea floor for it. But until then the name of the game is the cheapest lithium first, so in the immediate future it only matters how cheap, or expensive, this deposit is to extract

      Lithium in itself might have a competitor. Sodium ion batteries, that were being developed around the same time as Lithium batteries, are similar in energy (a bit less) and safer. Lithium isn't magic and unique, as many think.

      • by Rei ( 128717 )

        Anyone who makes some simple claim about "sodium-ion batteries are X" doesn't even know the start of what they're talking about.

        Sodium-ion batteries are not a single chemistry. Each chemistry has its own advantages and disadvantages; they don't share a single set of properties. Heck, if there's any single most common advantages and disadvantages, it's ones almost nobody talks about: high diffusion rates and poor SEI formation.

        The investment over the past several years on Na-ion was in large part a bet tha

  • by tudza ( 842161 ) on Saturday May 10, 2025 @03:26AM (#65365973)
    Does this mean we won't have to invade Greenland now? Won't have to ship rare earth minerals through the American Canal? "Screw the trees. We want our trillion dollars!" - Head government officials
    • Re:A local source (Score:5, Interesting)

      by shilly ( 142940 ) on Saturday May 10, 2025 @03:33AM (#65365983)

      Does this administration think it needs lots of Li, in the first place? It sure doesn’t want EVs to take off, so what’s the point? 87% of Li use is for batteries, and 80% of that is EVs.

      • so what’s the point?

        Resell it?

      • by LordHighExecutioner ( 4245243 ) on Saturday May 10, 2025 @04:55AM (#65366067)
        Lots of Li is needed, but not for EVs, and not only for US administration. Li is used for stabilizing mood [wikipedia.org], and given the increasing madness among world leaders, I wonder if Oregon deposits will suffice.
        • by shilly ( 142940 )

          Ha!

        • Lots of Li is needed, but not for EVs, and not only for US administration. Li is used for stabilizing mood [wikipedia.org], and given the increasing madness among world leaders, I wonder if Oregon deposits will suffice.

          And at one time, there was lithium citrate in 7Up soft drink. FDA banned it in soft drinks in the late 40's.

      • Does this administration think it needs lots of Li, in the first place? It sure doesn’t want EVs to take off, so what’s the point? 87% of Li use is for batteries, and 80% of that is EVs.

        Everything on Slashdot needs tied into some people's Trump Derangement Syndrome.

        My guess is that old Cheeto might not know what a Lithium Ion battery is.

        • Well he has referred to "raw earths" more than once.
        • by shilly ( 142940 )

          The overwhelmingly important news story in relation to lithium in the US up until this point has been that Trump’s administration has been seeking to reverse buying trends for EVs. This is obviously relevant to a story about Li deposits in the US, and you look like a tool for suggesting otherwise

    • "Screw the trees. We want our trillion dollars!" - Head government officials

      I was going to correct you by pointing out that it's a desert area but I think the comment accurately reflects the acumen of the current batch of government officials.

      • I'd hope the current US administration got past the stage of squeezing their acumen a few years ago at least. It's part of the operation to make them host bodies for the Lizard Overlords, isn't it?
      • ... I think the comment accurately reflects the acumen of the current batch of government officials.

        The ones that just brokered a cease fire between India and Pakistan?

    • Re:A local source (Score:5, Insightful)

      by Mr. Dollar Ton ( 5495648 ) on Saturday May 10, 2025 @04:24AM (#65366043)

      Does this mean we won't have to invade Greenland now?

      No. The "minerals" are only a part of the deal.

      Greenland is needed as lebensraum, the dumber among rich and powerful plan to resettle there as the world is heated up by the "woke global warming hoax".

      So the war is inevitable.

    • by gtall ( 79522 )

      We'll have to invade Oregon.

      Flunkie: Oregon has a lot. of lithium. And they are strategically oriented for the U.S.

      la Presidenta: Great, we'll invade Oregon. Where is Oregon?

  • by fahrbot-bot ( 874524 ) on Saturday May 10, 2025 @03:33AM (#65365985)

    ... while local communities voice concern over the impact on wildlife and cultural sites.

    Predicting the federal government won't care about that for another 3.75 years ...

    • Actually, 3.6988 years. Decimals matter here.
    • by RockDoctor ( 15477 ) on Saturday May 10, 2025 @07:53AM (#65366217) Journal
      What do you think is going to happen in (just under) 3.7 years time? An election, or something?

      Trump has been floating the idea of third terms, and the consequent outright suspension of the US Constitution for 3+ years now. You've had your Reichstag moment ; you've elected the dictator. You've just got the wait until your second (arguably third, or even fourth) revolution now. Then you might get another election.

      What was that kite being flown about suspending habeas corpus a couple of days ago? Oh yes. The sound of your constitution being butchered in the town square.

    • ... while local communities voice concern over the impact on wildlife and cultural sites.

      Predicting the federal government won't care about that for another 3.75 years ...

      But Oregon has an EPA equivalent (their Department of Environmental Quality), which will require their own reviews and (as needed) mitigations before any extraction can occur.

      • But Oregon has an EPA equivalent (their Department of Environmental Quality), which will require their own reviews and (as needed) mitigations before any extraction can occur.

        Didn't know that; learned something - thanks!

  • by backslashdot ( 95548 ) on Saturday May 10, 2025 @03:34AM (#65365989)

    What's the extraction cost? The number is useless without that. Seawater contains $20 trillion worth of gold (1 gram in 100 million tons of seawater), but it costs many times that amount to extract.
    .

    • by Tailhook ( 98486 )

      What's the extraction cost?

      Infinite. This lithium deposit in the environment. There are plenty of lithium deposits outside the environment, so we don't need to permit mining of this for the foreseeable future.

      • by Entrope ( 68843 ) on Saturday May 10, 2025 @05:57AM (#65366095) Homepage

        plenty of lithium deposits outside the environment

        Obligatory:

        [Interviewer:] So what do you do to protect the environment in cases like this?
        [Senator Collins:] Well, the ship was towed outside the environment.

        [Interviewer:] Into another environment....
        [Senator Collins:] No, no, no. it's been towed beyond the environment, it's not in the environment

        [Interviewer:] Yeah, but from one environment to another environment.
        [Senator Collins:] No, it's beyond the environment, it's not in an environment. It has been towed beyond the environment.

        • Under Trump II, there is a new streamlined approval process that over-rides all. Pure snow mountain water runoff into the cleanest rivers - who cares. On extraction costs, South America will beat it hands down. Now if USA has a huge tariff on batteries, and GM, Ford, Toyota and more move out - demand and sheer project risk makes it unviable without taxpayer handouts. So saved, unless someone decides a nuclear power plant to replace Canada's electricity becomes a thought-bubble. However if an Aluminum plant
        • A tale in three acts:

          Act 1 :

          Speaker : We're sending the bad stuff away! Interviewer: Where are you sending it away TO? Speaker : We're not sending it it away TO anywhere. We're just sending it away FROM us!

          Act 2 :

          Speaker's Audience : [satisfied]

          There is no Act 3.

  • Great! (Score:5, Funny)

    by Barny ( 103770 ) on Saturday May 10, 2025 @03:40AM (#65366001) Journal

    Now all you need to do is pay people below living wage to mine it and contaminate the local landscape with the tailings. Then you can make the big bucks!

    • Re: (Score:3, Funny)

      by mrbester ( 200927 )

      Hidden stage on The Oregon Trail: You died due to lithium miners demanding a fair wage rising up and attacking your campsite. Also dysentery.

    • Now all you need to do is pay people below living wage to mine it and contaminate the local landscape with the tailings. Then you can make the big bucks!

      I know, right? That stuff should be outsourced to dusky foreigners, like nature intended! Sheesh!

    • It depends on what you call "living" wage I suppose. The average US mine worker wage is $21 an hour, about $45K per year. https://www.ziprecruiter.com/S... [ziprecruiter.com] 3x minimum wage, and enough to live on in many places in the US, including the kinds of places where these mines would be.

    • by Rei ( 128717 )

      The source is nontoxic clay.
      The output is nontoxic clay.
      The solution to the tailings is "put them back in the hole".

  • Is there any kind of development of human civilization that the Sierra Club is not opposed to seeing built? I'm baffled these morons are given the time of day.

    If there's going to be viable electric cars then we need lithium. The fine article points out that the Sierra Club believes that alternatives to lithium could be used for making batteries. Okay then, if there's mining for this alternative mineral someplace else would they come out in favor of it? Or find some excuse to oppose mining in that place

    • by Tailhook ( 98486 ) on Saturday May 10, 2025 @05:21AM (#65366085)

      Or find some excuse to oppose mining in that place and/or for that mineral?

      Of course. Sierra Club, Aspen Institute, and all the other pressure groups are — like all pressure groups — single minded. There is no commercial/economic activity they support. None. And there never will be.

      Fortunately, that's not actually a problem. Such pressure groups are a natural and inevitable consequence of a free society, and they are free to adopt whatever irrational polices they wish. The problem is, nearly our entire ruling class lives in abject fear of any blemish on their Sierra Club report card. They fear this more than any other consequence they can imagine. For them, not being in good standing with Sierra Club is the greatest known evil in our world. If they find themselves unable to attend a dinner party and receive smiles and handshakes from Sierra Club grandees, they are social pariah, on the order of KKK members.

      That's a tremendous accomplishment. It's the highly successful product of over a century of cultural engineering. It took a staggering amount of money and influence and patience to achieve this, and now they are the gatekeepers of essentially every aspect of governance in the Western world.

      • The soviets funded the greenies during the cold war. Now it's the chinese footing the bill.

        Cui bono?

      • by Junta ( 36770 )

        nearly our entire ruling class lives in abject fear of any blemish on their Sierra Club report card.

        I think this really overstates how much they are fretting over things like these groups.

        Sure they may like pandering to those groups as convenient, but it's obvious from a vague look around that corporate interests will shrug all that off without a thought if it can make a few more bucks.

    • Re: (Score:3, Informative)

      by RockDoctor ( 15477 )

      The periodic table of elements tells us that lithium is vital for batteries with high energy per mass and volume. There is no alternative to lithium.

      How to say you don't understand the periodic table without actually admitting it.

      Essentially similar chemistry for batteries can be achieved using sodium in place of lithium. The batteries don't have such a high stored-energy per unit volume metric as the lithium versions, but outside transportation systems that's not such a big deal. Building a lithium-based

    • Or, what you could do is play nice with others, let them do the hard work, for now, and pay them for it and stop bitching about yourself running behind and therefore start blocking others. Stop being so self centered and try to work together in achieving things for everybody. And the best thing would be to get rid of borders. Hell the US can't even make sure all states have one law, one salestax etc.
  • I thought Nirvana was from Seattle.

    • Tibet, isn't it? Take the road to Shangri-La, then the donkey track from Utopia junction.

      The Peking government has a stop for Nirvana on the high-speed rail line if your ass isn't donkey-shaped, or you have more than 5 donkey loads of freight to move.

  • NIMBYs and Democrat eco-terrorists will stop it from ever being mined, so China has nothing to worry about.
  • Oregonians won't want this because it's in...Oregon. They're OK with lithium mining in Ukraine because that helps the environment (by enabling EV batteries to be built) and the mining activity is far away. But we don't want it here in the US, that's messy and dirty.

  • Haha good luck opening a mine in Oregon. Have you checked how Orgonians vote?

  • Firstly, there are several major sites. This one is not alone or particularly unusual. The problem is that no one can "invest in America" right now because there is too much uncertainty about the, even near future, regulatory or trade environment.

The truth of a proposition has nothing to do with its credibility. And vice versa.

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