How the Salton Sea may become a Lithium Cash Cow

According to the US Government, the Salton Sea could produce up to 600'000 tons of Lithium per year, which at today's spot price would be worth $26 Billion a year. For a Sea that's turning into a chemically polluted swamp, that's an unexpected twist of fate! Especially when it doubles down to being a pretty green way to produce that lithium, as direct lithium extraction technologies would co-locate with geothermal energy production. But wait: isn't that too good to be true? Aren't Berkshire Hattaway, Controlled Thermal Resources, and Energy Source Minerals struggling a bit to unlock that resource? Didn't Simbol Materials actually... die on that spot as a company in that endeavor? Well, it seems like Salton Sea lithium projects are about to seriously accelerate, as Controlled Thermal Resources just announced a $1 billion contract with Aquatech International to build the Lithium Refinery the site will need to reach battery-grade products for their customers, Stellantis and General Motors.  Let's cut through the fog and review this aspiring Salton Sea miracle! More information: Vulcan's Project in Germany: https://dww.show/vulcans-clever-strategy-to-take-off-its-zero-carbon-lithium-sell-it-years-ahead/ The mysterious company that may well work with Berkshire Hattaway at the Salton Sea (my pure speculation): https://dww.show/the-game-changing-company-with-60-patents-thats-disrupting-the-battery-industry/ ▶️ Watch the video version of this episode on YouTube    Hosted on Ausha. See ausha.co/privacy-policy for more information.