Report Validates Massive Lithium Deposit Claim In Arkansas
Thankfully, we are moving toward not needing to debate between electric vehicles (EVs) and gas-powered cars. Most people now understand that a 2003 Cadillac’s footprint will be more taxing on the environment than a Tesla. The discussion has since moved on to a flurry of other talking points like how to make electric cars cost-effective, whether EV upstarts have the proper quality control and safety insight, and how the world plans to electrify its entire transportation sector on the backs of a finite resource.
The final concern is that access to a reliable supply of metals like cobalt and lithium is often highly dependent on several international factors. A significant one is whether the owners of these deposits are willing to work with American manufacturers.
Lithium access is a top priority for EV manufacturers. The metal is the primary component of lithium-ion batteries, the most common electric or non-emission power unit in clean vehicles today. The relative scarcity of the material means worldwide lithium stores are kept under close watch. Even if a nation doesn’t intend to go renewable anytime soon, the metal could still be a valuable source of revenue for decades.
This need is why Western manufacturers and energy companies have found themselves scouring every inch of the continental U.S. for trace amounts of the substance. Though many were unsuccessful, one small energy startup says it has struck gold in the central American South. Now touting independent validation to prove it, Galvanic Energy looks to have discovered a supply that could change the domestic EV market as we know it.