Story idea: Expert weighs in on gas prices, EVs and our alarming lithium shortage
I have an exciting story idea for your consideration. We are all feeling
the squeeze at the gas pump. As gas prices explode, so has demand for EVs,
which are powered by lithium. But most people are unaware that China
controls much of the worldâ€™s lithium. The U.S. is falling short in the race
to achieve our green initiative.
I am working with lithium industry expert Stephen Hanson. He will be in New
York June 5 through 8, and available for in-studio or Zoom interviews. He
can share what the U.S. lithium industry is doing to meet our urgent
demand. Stephen is President and CEO of ACME Lithium, a company working in
the epicenter of lithium exploration and development in the U.S.
I have included a prewritten article below with details on current
exploration and development progress in North America to power a greener
I am happy to schedule an interview as well.
Please let me know what you think.
<http://www.publicity.com/> *Sallie Crowl*
Hefty gas prices are just a symptom of a
greater threat to our economy and national security
Lithium industry expert weighs in on the urgent steps being taken to help
ensure the U.S. and Canada have ample domestic supplies of clean energy
Things just got real. Oil prices are the highest in 10 years. In some
areas, the cost of a tank of gas has doubled. EV demand has exploded, with
some waiting lists extending a year or longer. But few people realize that
the U.S. and Canada donâ€™t have adequate domestic supplies of the lithium
needed to power those EVs or many of the other devices we use daily.
National Security Advisor Jake Sullivan has even declared that having an
ample domestic lithium supply is critical to the U.S. economy and national
defense system. Is now the time to trust our future to other countries?
Lithium is an element found in trace amounts in rocks as well as brine
taken from underground pools. While most people take their lithium-ion
batteries for granted, our need for a domestic lithium supply is rapidly
â€œMost of us donâ€™t typically think about our domestic energy supplies on a
daily basis. But suddenly, our gas prices are through the roof. For our
future and our kidsâ€™ future, we need to secure critical commodities such as
lithium so you can have your phone, laptop and power tools; and it wonâ€™t
cost you $7 a gallon to drive your car,â€??? stresses lithium industry expert
Stephen Hanson. â€œUnless we want to depend on foreign supplies, we need
solutions â€¦ and quickly. The good news is that the U.S. government is fully
committed to this conversation.â€???
Donâ€™t be fooled: We are in competition with China
There are serious reasons why lithium prices have risen 500% over the last
12 months. Last year, Bloomberg estimated that the U.S. would have 3.2
million passenger electrical vehicle sales by 2028 and would need 320
gigawatt hours (GWh) of domestic lithium-ion battery production just to
meet that demand. But the U.S.â€™s forecasted domestic capacity is less than
half that amount: only 148 GHw.
â€œDemand is suddenly rising dramatically. All the numbers related to this
current energy crisis suggest that the U.S. and Canada will need greater
access to domestic alternative energy resources sooner than some may have
thought,â€??? says Hanson.
Without our own lithium resources, the U.S. may be in trouble. Most of
Americaâ€™s current lithium supply chain originates in China, Australia and
South America. China is also buying up other essential battery metals
including nickel and cobalt. Meanwhile, other countries are rushing to lock
in their own lithium sources.
The U.S. lithium industry is moving fast
Hanson, the president of ACME Lithium reassures, â€œThe domestic lithium
industry is fast moving. For example, ACME is thinking outside the box to
address the issues surrounding our domestic supplies, and weâ€™re getting
capital in place. Nothing is random. Itâ€™s about doing the tactical research
and analyses. We are doing a lot of technical work ahead of going into
lithium-rich areas so we understand the geological, mapping and
prospectivity standpoints before we stake claim on these projects. We have
uncovered many North American locations that have the potential for
world-class lithium deposits.â€???
Founded in 2020 and already a publicly held company, ACME Lithium has
acquired five projects in the U.S. and Canada. The newest is in the
McDermitt Caldera Region, located in southeast Oregon near the Nevada
border. This project adds to ACMEâ€™s growing lithium portfolio with two
projects in south west Nevada and two in south east Manitoba, Canada.
Hanson expects drilling to begin at the companyâ€™s Clayton Valley, Nevada
project within the next 48 weeks.
Lithium will help us transition to a greener economy
Hanson confirms that lithiumâ€™s low environmental impact is what personally
drives him to strengthen our domestic lithium supplies. â€œLower emissions
are the key reason. This is clean energy with a low carbon footprint. What
the domestic lithium industry is doing right now will help save our planet
while bringing access to this important commodity inside our borders.â€???
He is also very excited to be using new Direct Lithium Extraction
technology on ACMEâ€™s U.S. projects. â€œIt is very different from the open
mines you might envision. Brine is brought up from underground pools. It
goes through the plant where the lithium is extracted, then the water is
returned to the aquifer. This method has the smallest footprint and the
lowest environmental impact.â€???
â€œWe donâ€™t need one gigafactory. We need 30.â€???
Hanson says one of the biggest goals is to have a sufficient number of
domestic gigafactories to supply us with enough lithium-ion batteries to
power all of our devices, from medical devices, EVs and phones to national
defense technology. â€œRight now, when we have a tailwind of support, is the
time for all of us to get behind domestic lithium production. We need to
educate ourselves about why this has quickly become such a critical issue.
â€œBased on what we see happening right now, the timeline needs to be
crunched. The only way that can happen is if government and regulatory
bodies push these things through the bureaucracy at a faster pace. If these
projects are advancing in your region, help build a groundswell of support
so they get the green light.â€???
He reminds us, â€œJust as domestic oil supplies have played an essential role
in our economy, lithium has strong potential to benefit communities by
creating jobs and providing the funding for our roads, schools and overall
infrastructure. As countries rush to secure a long-term supply of lithium,
the U.S. and Canada can â€“ and should â€“ exert leadership positions.â€???
<http://www.publicity.com/> *Sallie Crowl*
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