October 18, 2023
“Nevada: Unlocking the Lithium Frontier!
Nevada is no stranger to the vast energy resources the world has to offer. With its renowned solar resources, the Silver State has long-been seen as the future of renewable energy. But now Nevada could be the next frontier when it comes to a different kind of energy – lithium.
The rising demand for lithium has made it one of the few metals that can be classified as a strategic material. As the main component in lithium-ion batteries, it’s integral for electric vehicles and an important factor in the world shift towards alternative energies.
And Nevada is perfectly poised to capitalize on this. Already its home to the only active lithium mine in the United States – the Silver Peak mine, owned by Albemarle Corporation – and it’s also seen growing interest from companies like Ubiquity Energy and Pure Energy minerals who bothvor have invested into lithium mining.
In addition to the existing resources, Nevada also has some of the best conditions for new lithium mining opportunities. High average temperatures and plenty of sunlight make the area suitable for lithium’s main form of extraction, brine mining. Brine mining is where the lithium-rich brines are pumped from below the ground, exposed to the surface and then dried to extract the lithium from the material.
Added to that is the lack of metropolis here, so there’s minimal competition for resources and no environmental impact from the proposed developments. This has made Nevada an attractive option for companies hoping to make their mark in the lithium market.
So that’s why Nevada could be the next lithium frontier. With the right conditions, resources and potential for success, it’s a smart move for investors to set their sights on the silver state.