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Home News

Scientists find $540 billion worth of ‘white gold’ beneath massive lake

kent-jackson by kent-jackson
May 4, 2024
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Scientists find $540 billion worth of ‘white gold’ beneath massive lake
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Featured Image Credit: MARTIN BERNETTI/AFP via Getty Images / Brent Stirton/Getty Images

The amount is enough to power more than 382 million batteries

Published 19:57 3 May 2024 GMT+1

Scientists have discovered $540 billion worth of ‘white gold’ sitting underneath a huge lake.

Located in southern California, Salton Sea is the largest in the state and sits on a lithium reservoir.

While scientists knew that the chemical element was there, they didn’t know just how much lithium was beneath the lake – and the true amount is pretty astounding.

Unveiling a Hidden Treasure Trove

Last year’s revelation of 18 million tons of lithium instead of the anticipated four million tons underscores the immense value of this discovery. The abundance of ‘white gold’ underlines its potential to revolutionize the energy sector.

The extensive study funded by the Department of Energy has shed light on the vast lithium reserves beneath the Salton Sea, positioning it as a significant global resource.

California Governor Gavin Newsom’s comparison of the Salton Sea to the ‘Saudi Arabia of lithium mining’ paints a vivid picture of the economic implications of this finding.

Implications for Self-Sufficiency and Industry

With the Salton Sea now recognized as the largest lithium reservoir globally, the potential value of its contents is substantial. As prices for lithium soar, the estimated $540 billion worth of lithium beneath the lake holds promise for the United States to achieve self-sufficiency in this essential mineral.

The significance of this discovery extends beyond economic value. The availability of such vast lithium resources can transform the energy landscape, especially in promoting clean energy alternatives like electric vehicles and energy storage systems.

From ‘White Gold’ to National Resource

Emphasizing the significance of this find, experts have hailed the Salton Sea’s lithium deposits as a game-changer. The potential to supply batteries for millions of electric vehicles underscores the transformative impact of tapping into this ‘white gold’ reserve.

Topics: US News, Money, Science, News

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