Keyword: lithium

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  • Discovery could open the door to cellphone and car batteries that last five times longer

    05/23/2016 10:51:48 AM PDT · by Red Badger · 40 replies
    phys.org ^ | 23 MAY 2016 | Provided by: University of Texas at Dallas
    A University of Texas at Dallas researcher has made a discovery that could open the door to cellphone and car batteries that last five times longer than current ones. Dr. Kyeongjae Cho, professor of materials science and engineering in the Erik Jonsson School of Engineering and Computer Science, has discovered new catalyst materials for lithium-air batteries that jumpstart efforts at expanding battery capacity. The research was published in Nature Energy. "There's huge promise in lithium-air batteries. However, despite the aggressive research being done by groups all over the world, those promises are not being delivered in real life," Cho said....
  • Lithium War Heats Up After Epic Launch Of Tesla Model 3

    04/20/2016 8:31:48 AM PDT · by bananaman22 · 46 replies
    Oilprice.com ^ | 20-04-2016 | Elon
    The unveiling of Tesla’s Model 3 electric car was no less than the lifting of the final curtain on a game-changing energy revolution. And if we follow that revolution to its core, we arrive at lithium—our new gasoline for which the feeding frenzy has only just begun. Unveiled just on 31 March and already with 325,000 orders, it seems that the market, too, understands that the Model 3 is more than just another electric vehicle. In one week alone, Tesla has racked up around $14 billion in implied future sales, making it the “biggest one-week launch of any product ever.”...
  • Electric Car War Sends Lithium Prices Sky High

    02/23/2016 4:00:07 PM PST · by bananaman22 · 30 replies
    Oilprice.com ^ | 23-02-2016 | Page
    With lithium prices skyrocketing beyond wildest expectations, talk heating up about acquisitions and mergers in this space and a fast-brewing war among electric car rivals, it’s no wonder everyone’s bullish on this golden commodity that promises to become the ‘’new gasoline”. Moreover, land grabs, rising price predictions, and expectations of a major demand spike are leaping out of the shadows of a pending energy revolution and a new technology-driven resource era. For once, we have agreement across the board on a commodity: Demand for lithium will continue to rise throughout the year--and beyond--spurred by the rise of battery mega/gigafactories and...
  • Forget Vegas, Nevada Is Now About Reno And Lithium

    10/30/2015 8:13:05 AM PDT · by bananaman22 · 31 replies
    Oilprice.com ^ | 30-10-2015 | lit
    Nevada is booming as lithium companies rush in to stake out targets and massive business development gets underway, from Tesla to Amazon and Apple. As the state’s southwest corner fills up with new lithium players, Tesla gears up for its battery gigafactory and the world’s largest data center sets up shop, Nevada is poised for one of the greatest economic revival stories of the century. In an exclusive interview with Oilprice.com, Brian Findlay, President and CEO of Dajin Resources Corp., discusses: • How Tesla’s gigafactory is sparking a massive resurgence in Nevada • Why other giant businesses are setting up...
  • New design points a path to the 'ultimate' battery

    10/29/2015 12:35:31 PM PDT · by Red Badger · 34 replies
    phys.org ^ | October 29, 2015 | Provided by: University of Cambridge
    A schematic showing the formation of lithium hydroxide (LiOH) on the graphene electrode on discharging a non-aqueous lithium-oxygen battery in the presence of the redox mediator, lithium iodide, and trace water. On charging, the iodide is oxidized to iodine, which helps to remove the LiOH and reform the bare graphene electrode. Credit: Tao Liu, Gabriella Bocchetti and Clare P. Grey ========================================================================================================================================== Scientists have developed a working laboratory demonstrator of a lithium-oxygen battery which has very high energy density, is more than 90% efficient, and, to date, can be recharged more than 2000 times, showing how several of the problems holding...
  • Lithium Market Set To Explode – All Eyes Are On Nevada

    10/07/2015 7:00:32 AM PDT · by bananaman22 · 13 replies
    Oilprice.com ^ | 07-10-2015 | lit
    While other commodities are floundering or completely collapsing in this market, lithium—the critical mineral in the emerging battery gigafactory war—is poised to explode, and going forward Nevada is emerging as the front line in this pending American lithium boom. Most of the world’s lithium comes from Argentina, Chile, Bolivia, Australia and China, but American resources being developed by new entrants into this market have set up the state of Nevada to become the key venue and proving ground for game-changing trade in this everyday mineral. Nevada is about to get a boost first from Tesla’s (NASDAQ:TSLA) upcoming battery gigafactory, and...
  • Nevada lawmakers frustrated by Tesla’s Mexican lithium deal

    09/03/2015 10:00:15 AM PDT · by thackney · 28 replies
    Washington Time ^ | September 3, 2015 | Associated Press
    Electric carmaker Tesla has announced that it will obtain lithium for its batteries from two companies in northern Mexico, leaving Nevada lawmakers who approved major tax incentives for the company frustrated. In 2014 the Nevada Legislature approved $1.3 billion in tax incentives for Tesla’s Reno gigafactory. The Las Vegas Sun reports that during legislative debates over the incentive package, there was speculation that Tesla would boost the state’s lithium industry...
  • Your Green Car Could Cause Black Rain in China

    07/28/2015 9:27:51 PM PDT · by Up Yours Marxists · 8 replies
    National Observer ^ | July 28, 2015 15:12 GMT | Charles Mandel
    You may have a "green" car, but it could be causing black rain in China from the graphite mined and used in its lithium ion battery. Two academics at Toronto's York University, Carla Lipsig-Mumme and Caleb Goods, applaud many of the new advances in green technology in recent years, but at the same time warn that those very technologies may come with a host of environmental issues. The pair issue a caution about “superindustrialization” in which the answer to climate change is a matter of “technological adjustment.” In an article recently published in The Conversation and picked up by the...
  • Warren Buffett And Elon Musk To Spark A Lithium Boom

    07/28/2015 6:46:18 PM PDT · by bananaman22 · 27 replies
    Oilprice.com ^ | 28-07-2015 | Dave
    The age of electrification across the transportation sector, the solar panel revolution, and Tesla’s battery gigafactory are igniting a battle for the cheapest battery. That will transform lithium into a boom-time mineral and the hottest commodity on the energy investor’s radar. It has been easy to take lithium for granted. This wonder mineral is the backbone of our everyday lives, popping up in everything from the glass in our windows to our mountains of electronics. And while investors have long appreciated the steady rise in demand for this preferred mineral, the number of new applications continues to multiply. Smart phones,...
  • Samsung develops lithium-ion battery with nearly double the life

    06/30/2015 12:08:20 PM PDT · by Red Badger · 20 replies
    Phys.Org ^ | 06-30-2015 | Bob Yirka
    A team of researches affiliated with Samsung's Advanced Institute of Technology, along with colleagues from other institutions in Korea has found a way to greatly extend lithium-ion battery life. In their paper published in the journal Nature Communications, the team describes their new technique and the results they achieved using it. Consumers want their phone batteries to last longer—that is no secret, and battery life has been extended, but mostly due to improved efficiency of the electronics that depend on it. Researchers at phone companies and elsewhere have been working hard to find a way to get more power out...
  • For batteries, one material does it all

    05/04/2015 6:49:34 AM PDT · by Red Badger · 8 replies
    Phys.Org ^ | 05/04/2015 | Provided by University of Maryland
    Engineers at the University of Maryland have created a battery that is made entirely out of one material, which can both move electricity and store it. "To my knowledge, there has never been any similar work reported," said Dr. Kang Xu of the Army Research Laboratory, a researcher only peripherally related to the study. "It could lead to revolutionary progress in area of solid state batteries." Envision an Oreo cookie. Most batteries have at either end a layer of material for the electrodes like the chocolate cookies to help move ions though the creamy frosting – the electrolyte. Chunsheng Wang,...
  • Beyond the lithium ion—a significant step toward a better performing battery

    04/17/2015 2:27:18 PM PDT · by Red Badger · 14 replies
    Phys.Org ^ | 04-17-2015 | Provided by University of Illinois at Chicago
    The race is on around the world as scientists strive to develop a new generation of batteries that can perform beyond the limits of the current lithium-ion based battery. Researchers at the University of Illinois at Chicago have taken a significant step toward the development of a battery that could outperform the lithium-ion technology used in electric cars such as the Chevy Volt. They have shown they can replace the lithium ions, each of which carries a single positive charge, with magnesium ions, which have a plus-two charge, in battery-like chemical reactions, using an electrode with a structure like those...
  • Stanford team develops super-fast charging aluminium battery. (7000+ cycles without capacity decay.)

    04/11/2015 6:43:06 PM PDT · by concernedcitizen76 · 30 replies
    The Royal Society of Chemistry ^ | April 7, 2015 | Tim Wogan
    Aluminium ions are stored between layers of graphite when the battery is charged A new rival to the lithium-ion battery has been created that charges in under a minute and still performs almost perfectly after being recharged thousands of times. The new battery is based on aluminium instead of lithium, which should make it both cheaper and safer than their lithium-ion competitors. The U.S. team behind the aluminium-ion battery say that the technology could find its way into the home, help store renewable energy for the power grid and even power vehicles. The aluminium-ion battery is conceptually similar to the...
  • Debate: Should the Silver State repeal mining-tax cap?

    10/10/2014 7:16:01 AM PDT · by redreno · 7 replies
    http://www.reviewjournal.com ^ | 10/10/2014 | By MICHELLE RINDELS
    LAS VEGAS — Proponents of a ballot measure that would remove a mining-tax cap from the Nevada constitution said the industry has a sweetheart deal that keeps it from paying its fair share, while opponents said the measure is the first step toward raising taxes and discouraging mining companies from doing business in the state. The remarks came during a debate on Question 2 that was scheduled to air at 7 p.m. Thursday on Vegas PBS. Passing the measure would repeal a 150-year-old constitutional provision that applies a 5 percent cap to taxes on the net proceeds of minerals and...
  • Tesla taps Reno as potential Gigafactory site

    07/31/2014 7:53:10 PM PDT · by redreno · 20 replies
    http://www.reviewjournal.com ^ | July 31, 2014 - 4:34pm | By ED KOMENDA
    It’s official: Tesla Motors has broken ground on a stretch of land outside Reno that could serve as the site for its forthcoming $5 billion battery factory. But not so fast: they’re not the only one in the mix. In a letter to shareholders, Tesla CEO Elon Musk was careful in saying the Reno site “could potentially be” the location for the Gigafactory, expected to create 6,500 jobs. “Consistent with out strategy to identify and break ground on multiple sites, we continue to evaluate other locations in Arizona, California, New Mexico, and Texas,” Musk wrote. The news followed weeks of...
  • Rich white thugs, begone

    04/30/2014 8:48:53 AM PDT · by artichokegrower · 39 replies
    San Francisco Chronicle ^ | April 29, 2014 | Mark Morford
    Let’s not get crazy. Let’s not take the NBA’s rather surprising and (cautiously) encouraging smackdown of racist billionaire team owner Donald Sterling – a member, mind you, of the most inbred, powerfully entrenched clubs in history, humans who’ve quite literally gotten away with murder since the dawn of American capitalism (hi, Koch Brothers) as anything other than what it likely is – as rare as an abortion clinic in Texas, as precious as a good book in Idaho.
  • Tesla's 'GigaFactory': Batteries not included?

    03/22/2014 1:43:07 AM PDT · by Cincinatus' Wife · 7 replies
    Pittsburgh Tribune-Review ^ | March 21, 2014 | Daniel Mcgroarty
    To convey some sense of the audacity of Tesla's Elon Musk and his plans, consider that the sale of all-electric vehicles in the U.S. reached a high of 100,000 in 2013 — but that's still less than 1 percent of all cars sold. Enter Tesla's GigaFactory, aiming by 2020 for annual production of 500,000 lithium-ion battery packs. Under one roof — a very large one, at 10 million square feet — Tesla will “manage everything from processing raw materials to the assembly of the batteries.” All of which begs the question: Where is all that lithium going to come from?...
  • Missing jet WAS carrying highly flammable lithium batteries: CEO of Malaysian Airlines

    03/21/2014 4:05:52 PM PDT · by dynachrome · 66 replies
    Daily Mail ^ | 3-21-14 | Simon Tomlinson
    Malaysian Airlines today confirmed that flight MH370 had been carrying highly flammable lithium-ion batteries in its cargo hold, re-igniting speculation that a fire may have caused its disappearance. The admission by CEO Ahmad Jauhari comes four days after he denied the aircraft was carrying any dangerous items and nearly two weeks after the plane went missing. He said the authorities were investigating the cargo, but did not regard the batteries as hazardous - despite the law dictating they are classed as such - because they were packaged according to safety regulations.
  • First Tesla Model S Fire Caused By Collision With Road Debris (battery WAS burning)

    10/03/2013 5:48:56 PM PDT · by logi_cal869 · 8 replies
    Green Car Reports ^ | 10/03/2013 | John Voelcker
    Yesterday, a Model S collided with a large metallic object in the middle of the road, causing significant damage to the vehicle. The car’s alert system signaled a problem and instructed the driver to pull over safely, which he did. No one was injured, and the sole occupant had sufficient time to exit the vehicle safely and call the authorities.Subsequently, a fire caused by the substantial damage sustained during the collision was contained to the front of the vehicle thanks to the design and construction of the vehicle and battery pack. All indications are that the fire never entered the...
  • Airbus rejects lithium batteries after Boeing’s problems

    02/15/2013 8:13:22 AM PST · by rawhide · 10 replies
    suntimes.com ^ | 2-15-13 | FRANCINE KNOWLES
    Airbus said it is dropping plans to use lithium-ion batteries on its new A350 airplane, under development, in the wake of problems with the batteries on Chicago-based Boeing’s 787 Dreamliner. The Boeing Co. rival said, while it believes the battery architecture it has been developing and qualifying for is robust and safe, it will instead use nickel cadmium main batteries, which have a proven track record. “Airbus considers this to be the most appropriate way forward in the interest of program execution and A350 reliability, Airbus said in a statement. The entire fleet of 50 Boeing 787s was grounded by...
  • EU: Sceptics abound as Mario Draghi's ECB bond 'bluff' electrifies global markets

    07/26/2012 11:33:38 PM PDT · by bruinbirdman · 5 replies
    The Telegraph ^ | 7/26/2012 | Ambrose Evans-Pritchard
    The European Central Bank has opened the door to emergency support for the Spanish and Italian bond markets, setting off a blistering rally on bourses across the world. Picking codewords instantly understood by traders, Mr Draghi said the violent spike in bond yields in recent days was hampering "the functioning of the monetary policy transmission channels" - the exact expression used to jusfify each of the ECB's previous market interventions. Yields on Spanish two-year debt plunged 72 basis points to 5.47pc in barely an hour, with comparable moves on Italian debt - easing the pressure before a string of debt...
  • A cleaner, faster battery [Nickel-Iron]

    07/10/2012 11:09:22 AM PDT · by Red Badger · 17 replies
    PHYS.ORG ^ | JUL 09, 2012 | Provided by Canadian Light Source
    A team of Stanford and Canadian Light Source researchers have developed an ultrafast rechargeable battery from non-toxic materials. This new rechargeable battery uses nanostructures to update a century-old idea: the nickel-iron bat-tery. Those early batteries, developed by Thomas Edison in 1901 to power electric cars, have been out of favour for a while. In addition to taking a long time to recharge, they just weren’t as powerful as other sources. There are, however, compelling reasons to improve the batteries’ efficiency. “Nickel-iron batteries are attractive because they are cheap and, relative to other battery materials like lithium, they are not very...
  • New nanostructure for batteries keeps going and going...

    05/16/2012 7:25:16 AM PDT · by Red Badger · 10 replies
    http://phys.org ^ | 05-11-2012 | Mike Moss & Provided by SLAC National Accelerator Laboratory
    For more than a decade, scientists have tried to improve lithium-based batteries by replacing the graphite in one terminal with silicon, which can store 10 times more charge. But after just a few charge/discharge cycles, the silicon structure would crack and crumble, rendering the battery useless. Now a team led by materials scientist Yi Cui of Stanford and SLAC has found a solution: a cleverly designed double-walled nanostructure that lasts more than 6,000 cycles, far more than needed by electric vehicles or mobile electronics. “This is a very exciting development toward our goal of creating smaller, lighter and longer-lasting batteries...
  • The Big Battery Breakthrough

    03/11/2012 10:19:20 AM PDT · by NavVet · 79 replies
    Car Talk ^ | 7 Mar 12 | Jim Motovalli
    Envia has figured out how “to improve energy density at the anode and cathode and store more lithium.” In short, he claims to have doubled energy density and halved the cost of lithium-ion batteries. And he says that his breakthrough isn’t theoretical—packs are already built on an automotive scale and are being tested by automakers around the world. It’s impossible to verify all that, and Kapadia won’t tell me which automakers he’s working with, though GM is presumably one of them. Specifically, Envia says it has reached an energy density of 400-watt-hours per kilogram in auto-grade lithium-ion cells, and achieved...
  • Is a National Popular Vote Good for California and the GOP?

    08/15/2011 10:45:37 AM PDT · by Aunt Polgara · 39 replies
    CA Political Review ^ | August 10, 2011 | Jason Cabel Roe
    National Popular Vote is good for conservatives, the GOP, and public policy. Period. Having been active in support of the initiative for over a year now, I have met and talked to hundreds of conservative leaders, activists, and elected officials. I have found most of those who reflexively oppose it do so because they think it is a process to amend the Constitution, don’t understand how it works or how it would affect outcomes, or are convinced of some grand conspiracy to turn America into a permanent Democrat hegemony. The reality is the current system disenfranchises millions of conservatives from...
  • Research group develops “superior conducting” solid state lithium battery

    08/03/2011 1:44:13 PM PDT · by Red Badger · 5 replies
    http://www.physorg.com ^ | 08-03-2011 | by Bob Yirka
    A Japanese research group has developed a solid state lithium battery that appears to perform just as well as conventional liquid lithium ion batteries. The group has published their results in Nature Materials and claim to have found a solid electrolyte that performs on a par with current liquid technology, and does so over a much broader temperature range and because it’s solid should be more compact as well as less sensitive to physical damage and fire hazard. Lithium ion batteries are currently used in a wide variety of consumer electronics (and electric vehicles) due to their energy density, re-chargeability...
  • Tiny lithium battery nearly kills Deer Isle toddler

    07/25/2011 5:39:41 AM PDT · by Red Badger · 31 replies
    http://bangordailynews.com ^ | Monday, July 25, 2011 | By Sharon Kiley Mack
    DEER ISLE, Maine — Before May 17, Kacen Pedrucci was a normal 15-month-old boy. At his Deer Isle home, he was beginning to talk and was walking around happily, exploring his surroundings and putting things in his mouth as toddlers do. He always had a smile and a sweet disposition. One of his favorite books was The Lion King, which was a “talking book” — by pushing a button on the side of the page, jungle sounds could be heard. But for the last three months, Kacen has been at death’s door, in and out of doctors’ offices, emergency rooms...
  • How To Use Zotcoin – The Most Important Scam In The History Of Zots

    06/01/2011 3:01:37 PM PDT · by logicalthinking · 57 replies
    Libertarian News ^ | May 31, 2011 | Michael Suede
    Recently I wrote an article entitled The Most Dangerous Creation In The History Of Man. The article covered the emergence of Bitcoin; an electronic peer-to-peer currency that has no central banking server, is untraceable, and essentially can not be taxed through coercive measures. The article makes the point that if a currency can not be taxed and controlled, eventually it will topple the coercively funded fascist control grid you call the modern State. Read more about it in this Bitcoin forum post that explains it in more detail. I’ve received several requests for more information about how people can put...
  • Liquid Medicine (Let's put Lithium in the public water supply!)

    05/24/2011 10:27:11 PM PDT · by ransomnote · 48 replies
    TheDaily.com ^ | May 22, 2011 | Katie Drummond
    For decades, it's been the gold-standard treatment for the most distressing of mental health disorders: mania, schizophrenia, major depression. But now, lithium - the third element of the periodic table and an essential constituent of soil, oceans and every living organism - is being heralded as the next fluoride: an additive with such therapeutic potential, it should be ingested by millions of Americans every time they pour a glass of drinking water. It's a provocative prospect that research suggests might reduce rates of suicide, violent crime, and hard drug use. The idea gained widespread traction in 2009 when researchers studying...
  • Ron Paul: Less Lonely These Days

    05/11/2011 5:19:28 AM PDT · by Kaslin · 257 replies
    Townhall.com ^ | May 11, 2011 | John Stossel
    The man who likely has done more than anyone to put the libertarian philosophy of freedom and small government on the political agenda probably will make another run for the presidency: U.S. Rep. Ron Paul. Paul is always upbeat, but lately he's had more reason to be, as he sees libertarian ideas bubbling up from the grass roots. "People outside of Washington are waking up," he told me, "and they're getting the attention of a few in Washington." Paul has been in Congress more than 20 years, and much of that time he's played a lonely role, often being the...
  • Treatment for manic-depressive illness restores brain volume deficits

    02/16/2011 6:39:24 PM PST · by decimon · 35 replies · 1+ views
    Elsevier ^ | February 16, 2011 | Unknown
    Philadelphia, PA, 16 February 2011 - Lithium, introduced in the late 1940's, was the first "wonder drug" in psychiatry. It was the first medication treatment for the manic and depressive episodes of bipolar disorder and it remains among one of the most effective treatments for this disorder. In the past 15 years, as molecular mechanisms underlying the treatment of bipolar disorder began to emerge, basic research studies conducted in animals began to identify neuroprotective and perhaps neurotrophic effects of this important medication. The identification of these molecular actions of lithium coincided with the discovery of regional brain volume deficits in...
  • Fountain of Youth from the Tap? Environmental Lithium Uptake Promotes Longevity...in Worms

    02/18/2011 7:47:18 PM PST · by Red Badger · 12 replies
    Science Daily ^ | 2-18-2011 | staff
    A regular uptake of the trace element lithium can considerably promote longevity. This is the result of a new study by scientists of Friedrich Schiller University Professor Dr. Michael Ristow's team along with Japanese colleagues from universities in Oita and Hiroshima have demonstrated by two independent approaches that even a ow concentration of lithium leads to low concentration of lithium leads to an increased life expectancy in humans as well as in a mode humans as well as in a mode organism, the roundworm Caenorhabditis elegans. The research team presents its results in the online edition of the scientific publication...
  • “Nanoscoops” Could Spark New Generation of Electric Automobile Batteries

    01/04/2011 6:35:36 AM PST · by decimon · 50 replies
    Rensselaer Polytechnic Institute ^ | January 4, 2011 | Unknown
    New Nanoengineered Batteries Developed at Rensselaer Exhibit Remarkable Power Density, Charging More Than 40 Times Faster Than Today’s Lithium-ion BatteriesAn entirely new type of nanomaterial developed at Rensselaer Polytechnic Institute could enable the next generation of high-power rechargeable lithium (Li)-ion batteries for electric automobiles, as well as batteries for laptop computers, mobile phones, and other portable devices. The new material, dubbed a “nanoscoop” because its shape resembles a cone with a scoop of ice cream on top, can withstand extremely high rates of charge and discharge that would cause conventional electrodes used in today’s Li-ion batteries to rapidly deteriorate and...
  • Jesse Ventura takes his complaints to the U.S. Capitol

    07/21/2010 4:57:54 AM PDT · by ButThreeLeftsDo · 33 replies · 2+ views
    StarTribune.com ^ | 7/20/10 | Kevin Diaz
    Jesse Ventura has found two new reasons not to trust the government, and he's telling anybody in the halls of Congress who will listen. The first bit of intrigue involves what he sees as the military's move to undermine his reality truTV series, "Conspiracy Theory with Jesse Ventura," by not letting him film a stand-up in front of the Eternal Flame at the gravesite of John F. Kennedy. The former Minnesota governor also claims the U.S. is fighting in Afghanistan to secretly secure a massive lithium deposit to make the world safe for cell phone, computer and electric car batteries....
  • Why Lithium Can't Save Afghanistan

    06/21/2010 10:57:00 AM PDT · by epithermal · 18 replies · 1+ views
    Discovery ^ | Jun 15, 2010 | Michael Reilly
    Following the news Monday that geologists have found a mother lode of minerals in Afghanistan -- reports argued deposits of iron, copper, gold and other goodies could collectively be worth close to $1 trillion -- it's worth asking a few extra questions. In particular, there's been an unusually strong focus on the lithium portion of the find. A key ingredient in high-tech batteries for laptops, smart phones, electric cars and the like, its been heralded as the future cornerstone of the world's energy infrastructure. But is lithium really going to save Afghanistan, as many media outlets seem to think? Nope,...
  • Afghanistan sitting on a gold mine[Natural Resources]

    02/22/2008 10:36:19 AM PST · by BGHater · 10 replies · 721+ views
    AFP ^ | 21 Feb 2008 | Sardar Ahmad
    Afghanistan is sitting on a wealth of mineral reserves -- perhaps the richest in the region -- that offer hope for a country mired in poverty after decades of war, the mining minister says. Significant deposits of copper, iron, gold, oil and gas, and coal -- as well as precious gems such as emeralds and rubies -- are largely untapped and still being mapped, Mohammad Ibrahim Adel told AFP. And they promise prosperity for one of the world's poorest countries, the minister said, dismissing concerns that a Taliban-led insurgency may thwart efforts to unearth this treasure. Already in the pipeline...
  • $1 Trillion in Minerals Discovered in Afghanistan

    06/14/2010 5:19:06 AM PDT · by afraidfortherepublic · 44 replies · 1,083+ views
    The Corner - NRO ^ | 6-14-10 | Daniel Foster
    $1 Trillion in Minerals Discovered in Afghanistan [Daniel Foster] The New York Times reports that a team of U.S. Defense Department officials and geologists have discovered nearly $1 trillion in untapped iron, copper, cobalt, gold, lithium, and other minerals scattered throughout Afghanistan — enough to “fundamentally alter the Afghan economy and perhaps the Afghan war itself, according to senior American government officials.” E.g.: — An internal Pentagon memo predicts Afghanistan could become the “Saudi Arabia of lithium,” an important component of high-end batteries. — “There are a lot of ifs, of course, but I think potentially it is hugely significant,”...
  • U.S. Discovers $1T USD Worth of Lithium, Other Mineral Deposits in Afghanistan

    06/14/2010 9:53:21 AM PDT · by Ernest_at_the_Beach · 29 replies · 457+ views
    Daily Tech ^ | June 14, 2010 10:49 AM | Jason Mick (Blog)
    Military deployment and close political ties may give U.S. ideal opportunity to harvest valuable resourceLithium deposits worldwide may be sufficient to eventually sustain the demands of an electric-vehicle driven world and modern electronics, but in the near-term, demand-driven shortages loom.  Fortunately, the U.S. has made a pivotal discovery that may help to keep costs in the U.S. down. According to a report in The New York Times, senior American government officials are quoted as saying that a massive mineral deposit has been discovered in Afghanistan which holds $1T USD in lithium, iron, copper, cobalt, and gold deposits.  The lithium deposits are expected to exceed those...
  • Say what? Afghanistan has $1 trillion in untapped mineral resources? (old news)

    06/14/2010 11:52:36 AM PDT · by epithermal · 14 replies · 323+ views
    Foreign Policy ^ | June 14, 2010 | Blake Hounshell
    Wow! Talk about a game changer. The story goes on to outline Afghanistan's apparently vast underground resources, which include large copper and iron reserves as well as hitherto undiscovered reserves lithium and other rare minerals. Read a little more carefully, though, and you realize that there's less to this scoop than meets the eye. For one thing, the findings on which the story was based are online and have been since 2007, courtesy of the U.S. Geological Survey.
  • U.S. Identifies Vast Mineral Riches in Afghanistan ($1 Trillion in Assets)

    06/16/2010 11:42:51 AM PDT · by nickcarraway · 11 replies · 347+ views
    New York Times ^ | June 13, 2010 | JAMES RISEN
    The United States has discovered nearly $1 trillion in untapped mineral deposits in Afghanistan, far beyond any previously known reserves and enough to fundamentally alter the Afghan economy and perhaps the Afghan war itself, according to senior American government officials. The previously unknown deposits — including huge veins of iron, copper, cobalt, gold and critical industrial metals like lithium — are so big and include so many minerals that are essential to modern industry that Afghanistan could eventually be transformed into one of the most important mining centers in the world, the United States officials believe. An internal Pentagon memo,...
  • Afghan Discovery Demands Thoughtful Way Forward [Kucinich discusses China bribe]

    06/17/2010 2:40:46 PM PDT · by Lorianne · 4 replies · 213+ views
    Following reports that nearly $1 trillion in natural resources have been found in Afghanistan, Congressman Dennis Kucinich released the following statement: "We have just learned that there are nearly $1 trillion of untapped mineral deposits in Afghanistan. This is a massive find that must be managed by the Afghan people. "Even before the discovery of these minerals, we knew that we were propping up a corrupt government in Afghanistan. According to officials, it is likely that Afghanistan's former Minister of Mines took a $30 million bribe to give China the rights to develop a copper mine.“This discovery demands a more...
  • The Taliban: World's Next Minerals Superpower

    06/17/2010 4:01:01 PM PDT · by Flavius · 8 replies · 323+ views
    forbes ^ | 06.16.10, 12:38 PM EDT | Gordon G. Chang,
    This week the U.S. Defense Department revealed that Afghanistan possesses at least $908.9 billion in untapped mineral resources. Iron accounts for $420.9 billion of the total, and copper $274.0 billion. There is cobalt, gold and molybdenum. The country could become, according to a Pentagon memo, the “Saudi Arabia of lithium.” Just as interesting, there is niobium, used to make superconducting steel.
  • A Golden Future For Afghans?

    06/17/2010 6:06:35 PM PDT · by Kaslin · 6 replies · 274+ views
    IBD Editorials ^ | June 17, 2010 | Investors Business Daily staff
    Geopolitics: With the war in Afghanistan mired in uncertainty, news that the country has vast mineral treasures to exploit suggests a brighter future. But there's potential turmoil as well as copper and lithium in them thar hills. Reports earlier this week that not only those minerals but cobalt and gold have been discovered in the Central Asian hot spot, just waiting to be mined, gave fleeting hope that the yield of the newfound wealth, estimated at close to a trillion dollars, would offer an enticing exit from the bloody conflict and a new and prosperous civilization. If only. Sobriety quickly...
  • Afghan minerals may be triple original estimate: Mining Minister

    06/18/2010 5:06:28 AM PDT · by TigerLikesRooster · 9 replies · 206+ views
    Kitco ^ | 06/17/10 | Daniela Cambone
    Afghan minerals may be triple original estimate: Mining Minister 17 June 2010, 1:28 p.m. By Daniela Cambone Of Kitco News www.kitco.com Montreal -- (Kitco News) --Afghanistan's mining minister, said Thursday that mineral deposits in his country could be worth up to three trillion dollars, triple the US estimate from earlier this week. "A very conservative estimate has been one trillion. Our estimation is more than that... the idea is it could be up to three trillion dollars," mining minister Waheedullah Shahrani told a news conference today in Kabul. Kitco News interviewed Shahrani back in March on the sidelines of the...
  • The trillion-dollar Afghan battlefield

    06/16/2010 2:23:47 AM PDT · by Scanian · 8 replies · 370+ views
    NY Post ^ | June 15, 2010 | Ralph Peters
    Afghanistan just got its worst news since the Soviet invasion three decades ago: American geologists have charted as much as a trillion dollars' worth of mineral deposits in that tormented landscape. Up to now, Afghanistan's internal factions and neighbors have been fighting over worthless dirt, Allah and opium. Assigning the battlefield a trillion-dollar value is not a prescription for reconciliation. Expect "The Beverly Hillbillies" scripted by Satan. Even were Afghanistan at peace, its endemic corruption would generate a grabocracy -- a Nigeria, not a Norway. Throw in inherited hatreds and the appetites of its neighbors, and Afghanistan may end up...
  • U.S. Identifies Vast Riches of Minerals in Afghanistan

    06/13/2010 7:54:15 PM PDT · by nuconvert · 25 replies · 1,632+ views
    WASHINGTON — The United States has discovered nearly $1 trillion in untapped mineral deposits in Afghanistan, far beyond any previously known reserves and enough to fundamentally alter the Afghan economy and perhaps the Afghan war itself, according to senior American government officials. The previously unknown deposits — including huge veins of iron, copper, cobalt, gold and critical industrial metals like lithium — are so big and include so many minerals that are essential to modern industry that Afghanistan could eventually be transformed into one of the most important mining centers in the world, the United States officials believe. An internal...
  • U.S. Discovers Vast Riches of Minerals in Afghanistan

    06/13/2010 6:27:46 PM PDT · by americanophile · 103 replies · 2,275+ views
    NY Times ^ | June 13, 2010 | James Risen
    WASHINGTON — The United States has discovered nearly $1 trillion in untapped mineral deposits in Afghanistan, far beyond any previously known reserves and enough to fundamentally alter the Afghan economy and perhaps the Afghan war itself, according to senior American government officials. The previously unknown deposits — including huge veins of iron, copper, cobalt, gold and critical industrial metals like lithium — are so big and include so many minerals that are essential to modern industry that Afghanistan could eventually be transformed into one of the most important mining centers in the world, the United States officials believe. An internal...
  • Prepare to lose metals, says UN group

    05/26/2010 12:48:24 AM PDT · by neverdem · 36 replies · 1,025+ views
    Chemistry World ^ | 20 May 2010 | Andy Extance
    Supplies of speciality metals like lithium, neodymium and indium could become restricted unless recycling rates improve. That's the message from the first two of six reports prepared to assess metal supply sustainability for the United Nations Environment Programme (UNEP). 'Scientists should anticipate the possibility that they may not have the whole periodic table to work with in future,' says Thomas Graedel, who led the Global Metal Flows Working Group that compiled the studies.  The report series won't deliver overall supply and demand projections until nearer to the 2012 Rio Earth Summit. Nevertheless Graedel, who is also director of Yale University's Center for Industrial Ecology...
  • Peak Everything? Forget peak oil. What about peak lithium, peak neodymium, and peak phosphorus?

    04/27/2010 9:34:19 PM PDT · by neverdem · 28 replies · 733+ views
    Reason ^ | April 27, 2010 | Ronald Bailey
    When you really need something, it's natural to worry about running out of it. Peak oil has been a global preoccupation since the 1970s, and the warnings get louder with each passing year. Environmentalists emphasize the importance of placing limits on consumption of fossil fuels, but haven't been successful in encouraging people to consume less energy—even with the force of law at their backs. But maybe they're going about it all wrong, looking for solutions in the wrong places. Economists Lucas Bretschger and Sjak Smulders argue that the decisive question isn't to focus directly on preserving the resources we already...
  • Energy for Electric Vehicles Dealt a Blow by Bolivian Lithium Production

    02/22/2010 1:46:46 PM PST · by Bookworm22 · 23 replies · 871+ views
    OilPrice.com ^ | 02/22/2010 | David Summers
    Just over a year ago, and spurred by an article in Time, I wrote a post on the possible global supply of lithium, which is used in renewable batteries, and a major choice for use in the batteries of electric vehicles, such as the Chevy Volt. Since the story has acquired more recent interest this week, and with new information, it is worth re-visiting the topic. I began the original post by noting that our first introduction to these batteries was in our role as an Explosives Lab when we found out - in a series of experiments a long...