Lithium is an essential element for modern technology and is used heavily in the manufacture of batteries. As the demand for lithium-ion batteries increases in the near future due to changes in the way energy is shared and stored, investors are looking to capitalize on this highly sought-after natural resource. Nevada has now become an interesting potential source for lithium investments due to its large and largely untapped reserves.
The Nevada Lithium Exploration Grid, an initiative of the Nevada System of Higher Education, has identified several lithium deposits in the area that could become major assets for investors. The grid offers investors data gathered from geophysical surveys, seismic tests, geochemical analysis, and mapping to help them scout out likely targets. It is estimated that the total lithium content in these deposits could exceed 3 million tonnes.
Importantly, the deposits in Nevada are open for exploration and extraction. The BLM has issued permits for open exploration in the area, making it easier for investors to capitalize on the potential lithium reserves. Furthermore, the Nevada Bureau of Geology and Mineral Exploration is providing in-depth information on geological trends in the area, which will help investors identify the most promising areas for mining.
Overall, Nevada is quickly emerging as one of the most attractive locations for lithium investments. By capitalizing on the grid system, investors can find potential resources with greater accuracy and confidence. With the right resources, investors in Nevada can capitalize on the trend of lithium-ion battery production and make smart investments in the future of energy storage.