unilad homepage
unilad homepage
    • News
      • UK News
      • US News
      • World News
      • Crime
      • Health
      • Money
      • Sport
      • Travel
    • Music
    • Technology
    • Film and TV
      • News
      • DC Comics
      • Disney
      • Marvel
      • Netflix
    • Celebrity
    • Politics
    • Advertise
    • Terms
    • Privacy & Cookies
    • LADbible Group
    • LADbible
    • SPORTbible
    • GAMINGbible
    • Tyla
    • UNILAD Tech
    • FOODbible
    • License Our Content
    • About Us & Contact
    • Jobs
    • Latest
    • Archive
    • Topics A-Z
    • Authors
    Facebook
    Instagram
    X
    Threads
    TikTok
    YouTube
    Submit Your Content
    Scientist explains huge stumbling block in accessing $540,000,000,000 'white gold' discovery

    Home> News> Money

    Published 15:16 29 Nov 2024 GMT

    Scientist explains huge stumbling block in accessing $540,000,000,000 'white gold' discovery

    Jeff Bezos and Elon Musk have been said to be the real winners from the discovery

    Callum Jones

    Callum Jones

    google discoverFollow us on Google Discover
    Featured Image Credit: MARTIN BERNETTI/Getty/Brian van der Brug/Getty

    Topics: Science, Technology

    Callum Jones
    Callum Jones

    Advert

    Advert

    Advert

    A scientist has explained the huge stumbling block in accessing the much-talked about $540,000,000,000 'white gold' discovery.

    It's believed both Elon Musk and Jeff Bezos are the real winners after a study revealed astonishing quantities of 'white gold' at the bottom of a lake.

    The mine has been known about for a while, but experts' most recent findings suggest that its lithium contents could be worth a staggering $540 billion.

    For context, this would be enough to power more than 382 million batteries for electric vehicles, essentially changing the way we travel as we know it.

    Advert

    There's a massive supply of lithium located beneath California's Salton Sea (Allen J. Schaben / Los Angeles Times via Getty Images)
    There's a massive supply of lithium located beneath California's Salton Sea (Allen J. Schaben / Los Angeles Times via Getty Images)

    "There's potentially enough lithium down there to supply batteries for 382 million electric vehicles, which is more, more vehicles than there are on the road in the United States today," said Sammy Roth, climate columnist for the Los Angeles Times.

    "So, if we could get all that lithium, that'd be huge."

    Many believe both Musk and Bezos can benefit from the find due to the fact they are both involved in electric cars with their own companies.

    Musk is the head honcho of Tesla after founding the car giant in 2003, while Bezos is a key investor in Rivian.

    While the Twitter owner and Amazon boss may be hoping to get their hands on the goods pretty sharpish, a scientist has detailed a huge stumbling block that may stop the pair in their tracks.

    Pat Dobson, a Berkeley Lab staff scientist, told SFGATE that retrieving the lithium is 'no simple task'.

    So, how will it all work?

    Well, SFGATE reports that geothermal production wells will extract the lithium-rich brine from thousands of feet below the Earth's surface.

    There is a huge stumbling block... (Getty Stock Photo)
    There is a huge stumbling block... (Getty Stock Photo)

    The lithium is then dissolved from the brine, allowing the liquid to then be pumped underground to complete the mission, according to Dobson.

    While the scientist described the water consumption for the operation as the 'main impact', he didn't go into detail with SFGATE on where the water would be sourced from.

    Press officer for the Imperial Irrigation District, Robert Schettler, told the outlet that the Colorado River is the region’s only water supply.

    So, while Bezos and Musk are waiting for that, they have other plans for electric vehicle businesses.

    As it stands, Tesla gets some of its lithium from China, while Rivian is said to have recently signed a five-year deal with LG Energy Solution, which is headquartered in South Korea, as per Utility Drive.

    Choose your content:

    23 mins ago
    7 hours ago
    8 hours ago
    • Roberto Schmidt/Getty Images
      23 mins ago

      Donald Trump responds to health critics with five-word assessment of himself

      The president, who turns 80 later this year, took aim at Joe Biden and Barack Obama while boasting about cognitive scores.

      News
    • ANDREW CABALLERO-REYNOLDS/AFP via Getty Images
      7 hours ago

      America's national debt is now bigger than the entire economy for the first time since WWII

      President Trump says the economy is doing great - but these figures tell a very different story

      News
    • Alex Wong/Getty Images
      7 hours ago

      Pokémon fans just spotted a clue there's a new monster inspired by Barack Obama

      Pokémon fans have bought together a hidden clue: A real-life sea slug and a former US president

      News
    • WREG
      8 hours ago

      Activist trying to infiltrate Epstein's island claims he was hogtied by locals in violent altercation

      Benjamin Owen is the founder of We Fight Monsters, a non-profit organization based in Memphis

      News
    • Mysterious space object Harvard scientist claims is 'not natural' has just broken a terrifying record
    • Scientist explains why healthy people taking GLP-1s are actually 'part of the experiment'
    • NASA scientist reveals bizarre reason aliens have stopped trying to contact humans and it might offend you
    • Cambridge scientist reveals why he claims the world will end in 25 years