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Lithium Windfall Worth Over $1.5 trillion is found in a Volcano Basin in Oregon, USA

A recently identified lithium deposit in the McDermitt Caldera along the Oregon-Nevada border has drawn…

25 Mar 20264 min readBy EandelSource: Eandel News & Magazine

A recently identified lithium deposit in the McDermitt Caldera along the Oregon-Nevada border has drawn global attention, with estimates valuing the trove at more than $1.5 trillion. Geologists suggest that ancient volcanic sediments in the area could contain between 20 and 40 million metric tons of lithium, potentially one of the largest deposits ever documented in the United States.

The find comes at a pivotal moment as the country seeks to expand domestic battery production for electric vehicles and renewable energy storage. Yet, as excitement builds over the economic potential, local residents, environmental advocates, and Indigenous communities are voicing concerns about the broader social and ecological consequences of large-scale extraction.

To the residents of Malheur County, one of Oregon’s poorest regions, the lithium boom represents a possible lifeline. “We need to do this the Oregon way, with full accountability and shared benefits” said Greg Smith, director of economic development in the county. Proponents argue that lithium mining could create hundreds of jobs, attract investment, and position rural communities as critical players in the U.S. clean energy transition.

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