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New Lithium source found in U.S.

Posted on 5/19/24 at 4:33 pm
Posted by Night Vision
Member since Feb 2018
5239 posts
Posted on 5/19/24 at 4:33 pm
Posted by jmitc22
Brrrrr
Member since Jan 2007
1684 posts
Posted on 5/19/24 at 4:40 pm to
We’ve always had access to domestic lithium, but environmental, land rights, and water rights concerns have prevented development. Apparently those concerns only matter to electric vehicle drivers if they affect the U.S., not if they affect other countries.
This post was edited on 5/19/24 at 4:41 pm
Posted by Barneyrb
NELA
Member since May 2016
5153 posts
Posted on 5/19/24 at 4:45 pm to
Southern Arkansas has tons of lithium as a byproduct to Chemical plants in El Dorado and Magnolia.
Posted by 75503Tiger
Member since Sep 2015
4231 posts
Posted on 5/19/24 at 7:46 pm to
If this makes your weiner wiggle then go buy some SLI. They are leading the industry in extracting from brine.
Posted by BigPerm30
Member since Aug 2011
26087 posts
Posted on 5/19/24 at 8:12 pm to
quote:

If this makes your weiner wiggle then go buy some SLI. They are leading the industry in extracting from brine.


Come enjoy the misery. My 5k shares at $7.40/share is loving this $1.80 price.
Posted by TidenUP
Dauphin Island
Member since Apr 2011
14450 posts
Posted on 5/19/24 at 8:16 pm to
quote:

We’ve always had access to domestic lithium, but environmental, land rights, and water rights



Just say govt regulations have prevented it. Gotta pay off the right people.
Posted by Speckhunter2012
Lake Charles
Member since Dec 2012
5987 posts
Posted on 5/19/24 at 8:25 pm to
quote:

Just say govt regulations have prevented it. Gotta pay off the right people.


Between this and the simple fact that we have a plethora of untapped natural resources, if the government would get out of the way, a la John Galt, we could have very cheap energy.

And since we have to drill to get the resources and materials for renewables, drill baby drill.
Posted by LakeCharles
USA
Member since Oct 2016
5068 posts
Posted on 5/19/24 at 9:28 pm to
quote:

Southern Arkansas has tons of lithium as a byproduct to Chemical plants in El Dorado and Magnolia.


They should send it to Chicago, Detroit, Philly, San Francisco, Minneapolis, and DC - the people there really need to be taking it.


Posted by shinerfan
Duckworld(Earth-616)
Member since Sep 2009
22604 posts
Posted on 5/19/24 at 9:38 pm to
quote:

Southern Arkansas has tons of lithium as a byproduct to Chemical plants in El Dorado and Magnolia.



Do they have actual lithium or do they have investors in an unproven plan to synthesize lithium from petroleum by-products?

The vaunted British Foreign Service spent decades and many lives trying to smuggle rubber trees out of the Amazon basin and just as soon as they had viable rubber plantations in India scientists in Pennsylvania and Germany simultaneously created synthetic rubber from petroleum by-products.
Posted by wareagle7298
Birmingham
Member since Dec 2013
1495 posts
Posted on 5/19/24 at 10:14 pm to
quote:

Come enjoy the misery. My 5k shares at $7.40/share is loving this $1.80 price.


Sounds like any time I have decided to "dabble" in stocks outside the ETFs etc in my retirement accounts. So, don't tempt me to buy, even at 1.80, because it would most assuredly tank to sub 1.00 for years to come.
Posted by Privateer 2007
Member since Jan 2020
6248 posts
Posted on 5/19/24 at 11:57 pm to
quote:

synthesize lithium


Lithium is an element.
You don't synthesize it.

Are you talking about extraction of lithium salts?

Rubber is very different as it's a hydrocarbon mixture. It's not a single element.
Posted by Sofaking2
Member since Apr 2023
4689 posts
Posted on 5/20/24 at 12:08 am to
Where do you invest? In a stock, etf, or directly in lithium?
Posted by chili pup
Member since Sep 2011
2800 posts
Posted on 5/20/24 at 1:18 am to
quote:

Where do you invest? In a stock, etf, or directly in lithium?


Probably should ask our Congress. I am sure they would be all over this. Especially Nancy. They set the laws on the stock market which benefits them. That's how your laws are passed folks. Honestly it's not only Nancy. It's on both sides. Throw in a dozen lobbyists and both sides will buckle because that is money in their bank account.
This post was edited on 5/20/24 at 1:24 am
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