Buried beneath an ancient volcanic crater on the Nevada Oregon border sits an enormous deposit of lithium rich clay. scientists now think this quiet landscape may hold enough lithium too influence the global battery market for decades.
A new study argues that McDermitt caldera may host about 20 to 40 million metric tons of lithium, likely the largest deposit yet identified.
Using the recent United States’ average contract price for lithium carbonate, about 37,000 dollars per ton, that estimate comes out to be nearly $1.5 trillion.
Supervolcano full of lithium
The deposit sits inside a caldera, a large volcanic crater formed when a magma chamber collapses. This particular basin spans roughly 28 miles north to south and 22 miles east to west along the Nevada Oregon line.
Work on this deposit was lead by Thomas R. Benson, PhD, at Lithium Americas Corporation (LAC). His research focuses on how lithium rich minerals form in volcanic terrains.
About 16 million years ago,a huge eruption emptied much of the magma chamber beneath this area. That outburst left behind thick sheets of hot ash that later cooled into hard volcanic rock on the caldera floor.
Later, the crater held a long lived lake that collected volcanic ash and mud. Those sediments formed lacustrine,formed in a lake environment,claystones that now trap much of the lithium rich clay.
Hot magma turns to lithium clay
Deep below the basin,magma continued to release hydrothermal,hot water rich in dissolved minerals circulating underground,fluids long after the main eruption.
Those fluids leached lithium and other elements from volcanic glass and carried them upward into the wet lake sediments.
As that chemistry played out, the lake mud first turned into smectite, magnesium rich clay that can absorb lithium into its layers.
Later, hotter fluids altered parts of that smectite into another clay called illite that locks in much more lithium.
In the lithium rich zone at Thacker Pass,illite,potassium rich clay that holds lithium tightly,forms a band about 100 feet thick.
Analyses show that this clay can contain around 1.3 to 2.4 percent lithium by weight, roughly double typical claystone deposits.
A recent feature noted that the high grade illite layer sits close to the surface, which makes large pit mining possible.
It also stated that investigators had reported lithium concentrations reaching about 1 percent by weight, according to Thomas R. Benson, a geologist at Lithium Americas Corporation.
Why this lithium deposit matters
Lithium today is best known as the heart of the lithium ion battery, a rechargeable battery that moves lithium ions between two electrodes.
These batteries power phones, laptops, electric cars, and storage packs that balance wind and solar energy on the grid.
The same research group notes that glob
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