The McDermitt volcano caldera could host between 20 and 40 million tons of lithium metal.
Europe's efforts to reduce its dependence on China may benefit the region.
A number of companies in Canada have been working for some time to recover the lithium contained in the brines of depleted oil wells.
Collaboration between the public and private sectors will be crucial to the success and sustainable growth of this industry.
Who is EnergyX, the firm General Motors is investing in for lithium production?
The consulting firm BNEF estimates that there could be a good future for this type of batteries, as there is room for improving their energy density.
The idea is to form a working group among South American producers to advance in the value chain of this metal.