View Full Version : Massive Lithium Deposits Found in Nevada...
JMintzer
09-18-2023, 02:49 PM
So... The $64,000 question is... Will mining this massive reserve ever be allowed?
A Modern-Day Gold Rush – World’s Largest Lithium Mine Discovered in Nevada | Goldberg Segalla - JDSupra (https://www.jdsupra.com/legalnews/a-modern-day-gold-rush-world-s-largest-3311664/)
tophcfa
09-18-2023, 03:25 PM
So... The $64,000 question is... Will mining this massive reserve ever be allowed?
And would it be economical to mine it in a Country with safety and environmental regulations that doesn’t use slave like child labor?
Stu from NYC
09-18-2023, 03:26 PM
So... The $64,000 question is... Will mining this massive reserve ever be allowed?
A Modern-Day Gold Rush – World’s Largest Lithium Mine Discovered in Nevada | Goldberg Segalla - JDSupra (https://www.jdsupra.com/legalnews/a-modern-day-gold-rush-world-s-largest-3311664/)
Did you know that I own a major piece of the mine. For a slight fee willing to sell part of it off to fulfill my dream of owning a baseball team.
mtdjed
09-18-2023, 04:51 PM
So... The $64,000 question is... Will mining this massive reserve ever be allowed?
A Modern-Day Gold Rush – World’s Largest Lithium Mine Discovered in Nevada | Goldberg Segalla - JDSupra (https://www.jdsupra.com/legalnews/a-modern-day-gold-rush-world-s-largest-3311664/)
Worlds largest Lithium mine discovered? I wonder if the author meant Worlds largest Lithium "deposits" found. He makes it sound like a physical mine that was lost was found.
I wonder how long it will take humans to deplete Lithium?
CoachKandSportsguy
09-18-2023, 06:19 PM
There was a huge find in Maine, but where regulations prohibit extraction or mining. .
oh well. .
Stu from NYC
09-18-2023, 07:02 PM
There was a huge find in Maine, but where regulations prohibit extraction or mining. .
oh well. .
If EV's are the future lithium will be needed to be produced on our soil
Vermilion Villager
09-18-2023, 08:46 PM
If EV's are the future lithium will be needed to be produced on our soil
From the article it looks like it may!! What people don't know is 95% of lithium can be recycled over and over again. Can't do that with a gallon of gas.
Also, there are other elements that are suitable replacements for lithium. These elements will be used for home storage of electricity, which will be the tipping point.
Vermilion Villager
09-18-2023, 08:52 PM
Worlds largest Lithium mine discovered? I wonder if the author meant Worlds largest Lithium "deposits" found. He makes it sound like a physical mine that was lost was found.
I wonder how long it will take humans to deplete Lithium?
Lithium is a recyclable element. 95% of a lithium battery can be recycled an infinite number of times. They are building a massive recycling plant in upstate New York that should be done this year
star20166@yahoo.com
09-19-2023, 04:31 AM
Nevada is a mining friendly state. Many gold and silver mines are producing minerals right now in Nevada. Uranium is another mineral that may be mined in Nevada.
Building a mine is a multi year project and a very expensive undertaking .
I suspect that by the time there is the will to build a mine the EV disaster will be past us and demand for lithium just won't be there or China (which is the world's largest producer of lithium) will be allowed to invest in or buy the deposit. Not a far fetched notion given the current administration. A commodity super cycle approaches.
TStVillages
09-19-2023, 04:48 AM
Thank you. Been out of mining loop awhile (worked on equipment side) and had not heard of this find. That entire area, Winnemucca east to Elko, has a strong mining history and legacy.
Federspiel
09-19-2023, 06:49 AM
Since 60% of our lithium batteries, come from China, and since they are a developing nation exempt from CO2 targets, and have a larger and more modern navy in the China straight, we should continue sourcing from them. Our kids will thank us for it.
Whitley
09-19-2023, 07:48 AM
In the name of environmental care, we will continue to buy lithium from a country with lax to no environmental protection standards, that uses child labor.
Whitley
09-19-2023, 07:51 AM
Worlds largest Lithium mine discovered? I wonder if the author meant Worlds largest Lithium "deposits" found. He makes it sound like a physical mine that was lost was found.
I wonder how long it will take humans to deplete Lithium?
Same question was asked in the late 70's of oil. As a freshman in college we had speakers come in and explain how all oil would be pumped out by 1992 (not sure how they came up with that year). There would be no more oil. The presentations also said we woul then cut then all trees, running out of lumber by 2000.
Stu from NYC
09-19-2023, 08:16 AM
Same question was asked in the late 70's of oil. As a freshman in college we had speakers come in and explain how all oil would be pumped out by 1992 (not sure how they came up with that year). There would be no more oil. The presentations also said we woul then cut then all trees, running out of lumber by 2000.
Wonder what else these experts are wrong about.
Marine1974
09-19-2023, 08:20 AM
The process of extracting lithium consumes significant amounts of water and energy, and lithium mining can pollute the air and water with chemicals and heavy metals. In addition, mining lithium can disrupt wildlife habitats and cause soil erosion.
We all know about the water shortages in the southwest . The large earth moving vehicles all run on diesel or gasoline.
The toxic chemicals used in mining lithium renders the land mined uninhabitable for 100s of years .
But where there is money to be made ?
nn0wheremann
09-19-2023, 08:27 AM
Did you know that I own a major piece of the mine. For a slight fee willing to sell part of it off to fulfill my dream of owning a baseball team.
I’ll sell my caldera pass, or trade for shares in the Brooklyn bridge
Glorantha
09-19-2023, 08:32 AM
The process of extracting lithium consumes significant amounts of water and energy, and lithium mining can pollute the air and water with chemicals and heavy metals. In addition, mining lithium can disrupt wildlife habitats and cause soil erosion.
We all know about the water shortages in the southwest . The large earth moving vehicles all run on diesel or gasoline.
The toxic chemicals used in mining lithium renders the land mined uninhabitable for 100s of years .
But where there is money to be made ?
This is a good video discussing the costs of Lithium mining. This area in South America currently holds half the world’s proven reserves. I can’t see American environmentalists allowing this to happen in Nevada.
https://m.youtube.com/watch?v=nl0E-UhKB5E&pp=ygUOTGl0aGl1bSBtaW5pbmc%3D
MandoMan
09-19-2023, 09:10 AM
So... The $64,000 question is... Will mining this massive reserve ever be allowed?
A Modern-Day Gold Rush – World’s Largest Lithium Mine Discovered in Nevada | Goldberg Segalla - JDSupra (https://www.jdsupra.com/legalnews/a-modern-day-gold-rush-world-s-largest-3311664/)
Actually, mining for uranium and mercury went on in that caldera in the middle of nowhere for much of the 20th century. The size f that lithium deposit at the Thacker Pass part of the caldera was discovered in 2007, and the Bureau of Land Management cleared it so mining could begin in 2021. So this is not a new discovery, as your source claims. However, the majority shareholder in the privately-owned company that has the rights to mine there is CHINESE! So our American lithium will mostly enrich China, even if used in American cars. I don’t know it most people realize it, but China has a number of brands of cars made there, and the most popular models are EV, by far, and huge numbers of EVs made in China are being sold in Europe. This is expected to double in the next year.
Thacker Pass Lithium Mine - Wikipedia (https://en.wikipedia.org/wiki/Thacker_Pass_Lithium_Mine)
Wondering
09-19-2023, 09:18 AM
I haven't heard of this one but there is a large on east of San Diego and north of Mexico.
tophcfa
09-19-2023, 09:26 AM
The process of extracting lithium consumes significant amounts of water and energy, and lithium mining can pollute the air and water with chemicals and heavy metals. In addition, mining lithium can disrupt wildlife habitats and cause soil erosion.
We all know about the water shortages in the southwest . The large earth moving vehicles all run on diesel or gasoline.
The toxic chemicals used in mining lithium renders the land mined uninhabitable for 100s of years .
But where there is money to be made ?
Yet it’s labeled as “green energy” and being jammed down our throats?
Larchap49
09-19-2023, 10:02 AM
So... The $64,000 question is... Will mining this massive reserve ever be allowed?
A Modern-Day Gold Rush – World’s Largest Lithium Mine Discovered in Nevada | Goldberg Segalla - JDSupra (https://www.jdsupra.com/legalnews/a-modern-day-gold-rush-world-s-largest-3311664/)
I'm betting it gets sold to the Chinese.
Stu from NYC
09-19-2023, 01:12 PM
Yet it’s labeled as “green energy” and being jammed down our throats?
Not to mention the coal that is used to make electricity to charge the batteries.
Moderator
09-19-2023, 04:08 PM
One more political statement closes the thread.
Vermilion Villager
09-19-2023, 05:53 PM
Yet it’s labeled as “green energy” and being jammed down our throats?
How is it being jammed down your throat?
Vermilion Villager
09-19-2023, 05:55 PM
Not to mention the coal that is used to make electricity to charge the batteries.
Electricity comes from many sources. Coal is only a small one of them.
I have a friend in northern Minnesota who has a solar array and has a power wall to store the electricity. He uses this stored electricity to charge his Tesla. He is using absolutely no commercial power to drive his car. :crap2:
JMintzer
09-19-2023, 08:56 PM
Electricity comes from many sources. Coal is only a small one of them.
I have a friend in northern Minnesota who has a solar array and has a power wall to store the electricity. He uses this stored electricity to charge his Tesla. He is using absolutely no commercial power to drive his car. :crap2:
20% is not "small"...
It is more than Hydro, Solar and Wind combined...
CoachKandSportsguy
09-20-2023, 05:24 AM
So... The $64,000 question is... Will mining this massive reserve ever be allowed?
A Modern-Day Gold Rush – World’s Largest Lithium Mine Discovered in Nevada | Goldberg Segalla - JDSupra (https://www.jdsupra.com/legalnews/a-modern-day-gold-rush-world-s-largest-3311664/)
Given the cost and the difficulty/dirtiness of refining, research will continue to look for alternatives
Sodium-ion batteries are gaining traction thanks to a ‘game-changing’ new partnership: ‘The battery of the future’ (https://news.yahoo.com/sodium-ion-batteries-gaining-traction-150000318.html)
Following the LIT ETF, its not going to the moon as it should have if the future is so bright for lithium
Bay Kid
09-21-2023, 06:18 AM
What a beautiful hole in our earth this mining leaves behind.
Stu from NYC
09-21-2023, 08:32 AM
What a beautiful hole in our earth this mining leaves behind.
Wonder why that does not bother the etf fans?
Glorantha
09-21-2023, 05:19 PM
Devastating risks of transitioning to 'green' energy: Mining for electric-powering minerals has left 23 million people exposed to toxic waste, 500,000km of rivers polluted and 16 million acres of farmland ruined.
Devastating risks of transitioning to 'green' energy: Mining for electric-powering minerals has left 23 million people exposed to toxic waste, 500,000km of rivers polluted and 16 million acres of farmland ruined | Daily Mail Online (https://www.dailymail.co.uk/sciencetech/article-12545855/Devastating-transition-green-energy-metal-mining-23-million-people-toxic-waste-rivers-polluted-farmland.html)
Bay Kid
09-22-2023, 07:23 AM
Devastating risks of transitioning to 'green' energy: Mining for electric-powering minerals has left 23 million people exposed to toxic waste, 500,000km of rivers polluted and 16 million acres of farmland ruined.
Devastating risks of transitioning to 'green' energy: Mining for electric-powering minerals has left 23 million people exposed to toxic waste, 500,000km of rivers polluted and 16 million acres of farmland ruined | Daily Mail Online (https://www.dailymail.co.uk/sciencetech/article-12545855/Devastating-transition-green-energy-metal-mining-23-million-people-toxic-waste-rivers-polluted-farmland.html)
All about the money. Smoke and mirrors.
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