US find could reshape global lithium market

A massive lithium deposit, estimated to be worth $1.5 trillion, has been discovered in the United States, potentially reshaping the global electric vehicle market. The deposit, located in the McDermitt Caldera spanning Nevada and Oregon, is estimated to contain 40 million metric tons of lithium, enough to power approximately 600 million electric vehicles. Mining has begun in Nevada, while Oregon is still considering permits. The discovery has sparked environmental concerns and opposition from indigenous communities, raising questions about the ecological impact and the need for transparent and community-sensitive development.