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International Business Times

Jack Quinn

UNCOVERED: Second record setting lithium deposit in nevada announced - The Untold Story

lithium Nevada ABTC United States DOE

Nevada is home to two of the world's largest lithium deposits, found in volcanic clay sediments. (Credit: Reuters / ERNEST SCHEYDER)

Nevada is now home to the two largest identified lithium deposits in the world, according to revised estimates released Thursday by lithium miner American Battery Technology Company (ABTC).

ABTC's Tonopah Flats project, located approximately 150 miles to the northwest of Las Vegas, sits on a leasing area with over 18 million tons of lithium in volcanic clay (enough to produce 2 billion average-sized electric vehicle batteries).

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