An Oklahoma company says it secured enough lithium in southern Arkansas to power more than 50 million electric vehicles.
On Thursday, Galvanic Energy announced the area has 4 million tons of lithium carbonate which is a critical piece of the batteries used in electric cars, smartphones, and laptops.
“For decades, America’s leaders have promoted a national goal of energy independence,” said Brent Wilson, Galvanic’s president and chief executive officer. “Given the United States’ current reliance on a foreign lithium supply chain, this resource has the potential to bring that goal into clearer focus, as it greatly expands the possibility of American self-reliance for lithium.”
Galvanic says it is now working on extracting the lithium. For more information, visit galvanicenergy.com.