Please ensure Javascript is enabled for purposes of website accessibility
California's 'Lithium Valley' Set to Transform Global Battery Market
News
By News
Published 8 months ago on
December 5, 2023

Share

Imperial County, a remote desert region in Southern California, is set to become a significant player in the global lithium market.

The area, known as Lithium Valley, is estimated to hold around 3,400 kilotons of lithium, a mineral crucial for battery production. With the surge in demand for electric vehicles, the need for lithium is expected to increase by 4,000% in the coming decades.

The Salton Sea region, part of Imperial County, is believed to have the world’s highest concentration of lithium in geothermal brines. The extraction of this mineral could potentially generate over $7 billion annually, based on the 2020 price of $12,000 per ton. However, the extraction process is complex and requires significant water resources, raising concerns about the impact on the region’s water supply, particularly the Colorado River.

$30 Million in Taxes Annually to Impoverished Area?

Despite these challenges, the local community largely supports the mining operation, as it promises to bring much-needed economic relief to the area. The county plans to tax lithium extraction, with 80% of the revenue going directly to the county and at least 30% being spent on local community projects. The tax revenue from lithium production could reach up to $30 million per year.

However, there are still many unknowns, including potential damage to the region’s water, air, and indigenous cultural sites. The operation could also impact the health of local residents, particularly children who already suffer from high rates of asthma, likely due to toxic air particles from the receding Salton Sea.

Read more at SFGate.

RELATED TOPICS:

DON'T MISS

Jack Black, a Small Dog With a Big Heart, Is Looking for His Forever Home

DON'T MISS

Kamala Harris: A Baptist With a Jewish Husband and a Faith That Traces Back to MLK and Gandhi

DON'T MISS

What Italian Grandmothers Can Teach You About Healthy Eating

DON'T MISS

CA Has Seen Many New Towns, but This Big Project Is Stalled

DON'T MISS

Kern County Farmland Values Continue Downward Slide

DON'T MISS

Crescent View West High Celebrates New Clovis Home

DON'T MISS

Fresno Man Sentenced to 29 Years for Sexually Assaulting Children and Dog

DON'T MISS

Bulldogs’ Two-Position Standout Tommy Hopfe Signs With Rockies

DON'T MISS

Artists, Vendors Plan to Defy City’s ArtHop Crackdown

DON'T MISS

Former Bulldog QB Jake Haener: I Have a ‘Rare Form of Skin Cancer’

UP NEXT

Kamala Harris: A Baptist With a Jewish Husband and a Faith That Traces Back to MLK and Gandhi

UP NEXT

What Italian Grandmothers Can Teach You About Healthy Eating

UP NEXT

CA Has Seen Many New Towns, but This Big Project Is Stalled

UP NEXT

Kern County Farmland Values Continue Downward Slide

UP NEXT

Crescent View West High Celebrates New Clovis Home

UP NEXT

Fresno Man Sentenced to 29 Years for Sexually Assaulting Children and Dog

UP NEXT

Bulldogs’ Two-Position Standout Tommy Hopfe Signs With Rockies

UP NEXT

Artists, Vendors Plan to Defy City’s ArtHop Crackdown

UP NEXT

Former Bulldog QB Jake Haener: I Have a ‘Rare Form of Skin Cancer’

UP NEXT

The Many Names of GOP Vice Presidential Nominee JD Vance

CA Has Seen Many New Towns, but This Big Project Is Stalled

2 hours ago

Kern County Farmland Values Continue Downward Slide

2 hours ago

Crescent View West High Celebrates New Clovis Home

13 hours ago

Fresno Man Sentenced to 29 Years for Sexually Assaulting Children and Dog

14 hours ago

Bulldogs’ Two-Position Standout Tommy Hopfe Signs With Rockies

14 hours ago

Artists, Vendors Plan to Defy City’s ArtHop Crackdown

15 hours ago

Former Bulldog QB Jake Haener: I Have a ‘Rare Form of Skin Cancer’

15 hours ago

The Many Names of GOP Vice Presidential Nominee JD Vance

16 hours ago

‘Fed Up’ Dyer, Councilmembers Unveil Plan to Crack Down on Street Campers

16 hours ago

House Republicans Slam Trump’s ‘Worst Choice’ for VP Pick JD Vance

16 hours ago

Jack Black, a Small Dog With a Big Heart, Is Looking for His Forever Home

In October last year, a heartwarming tale of resilience and recovery began in the unlikeliest of places: a crate abandoned in an alley. This...

1 hour ago

1 hour ago

Jack Black, a Small Dog With a Big Heart, Is Looking for His Forever Home

1 hour ago

Kamala Harris: A Baptist With a Jewish Husband and a Faith That Traces Back to MLK and Gandhi

2 hours ago

What Italian Grandmothers Can Teach You About Healthy Eating

2 hours ago

CA Has Seen Many New Towns, but This Big Project Is Stalled

2 hours ago

Kern County Farmland Values Continue Downward Slide

13 hours ago

Crescent View West High Celebrates New Clovis Home

14 hours ago

Fresno Man Sentenced to 29 Years for Sexually Assaulting Children and Dog

14 hours ago

Bulldogs’ Two-Position Standout Tommy Hopfe Signs With Rockies

MENU

CONNECT WITH US

Search

Send this to a friend