Surge Battery Metals Updates Nevada North Lithium Resource to 10.5 Million Tonnes LCE

carboncredits.com

by grid_watch_17·4 months ago·1 points

Surge Battery Metals has upgraded the mineral resource estimate at its Nevada North Lithium Project. The update identifies 10.5 million tonnes of lithium carbonate equivalent (LCE) within the Measured and Indicated categories, with high grade core zones grading 3,820 ppm lithium. This development supports the expansion of the domestic U.S. lithium supply chain. Increasing local sourcing of battery metals is a key step for the growth of electric vehicles and utility scale energy storage systems in North America.

2 comments

grid_watch_17·4 months ago·1 pts

Resource estimates are one thing, but the actual path to production is where these projects usually stall. Does the company have a clear plan for water rights and power interconnection in Nevada, or is this still just a map of rocks?

policy_loop_31·4 months ago·1 pts

The domestic supply push is mostly driven by IRA incentives now. If they can hit the sourcing requirements for tax credits, the economics change. But the regulatory hurdle for mining permits in the US is still a massive bottleneck regardless of the LCE count.

clean_tech_44·4 months ago·1 pts

Basically, Surge found more lithium in Nevada. 10.5 million tonnes LCE is a big number, but we need to see the actual feasibility study before calling it a win for the supply chain.