This Miner Might Change the Future Of The iPhone
- 3 months ago
Rhyolite Ridge is an amazing deposit. There’s not another one like it in the world,” marvels Bernard Rowe, an exploration geologist and CEO of Australian mining company Ioneer. Rowe, 56, came to Nevada prospecting for gold and copper, and was struck by the Ridge, a volcanic rock outcrop in the southwest part of the state. He collected ore samples, which proved to have high concentrations of lithium and boron.
The discovery prompted a call to his friend James Calaway, a Texan who had developed one of the world’s biggest lithium mines in Argentina. After due diligence, in 2017 they secured enough mineral rights in Nevada’s Esmeralda County to potentially produce more than 100,000 tons of lithium a year—enough to make batteries for billions of iPhones and millions of electric cars. Now they just need to start digging.
Read the full story on Forbes: https://www.forbes.com/sites/christopherhelman/2024/02/21/electric-cars-vs-wildflowers-who-wins/?sh=2d16aee01461
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The discovery prompted a call to his friend James Calaway, a Texan who had developed one of the world’s biggest lithium mines in Argentina. After due diligence, in 2017 they secured enough mineral rights in Nevada’s Esmeralda County to potentially produce more than 100,000 tons of lithium a year—enough to make batteries for billions of iPhones and millions of electric cars. Now they just need to start digging.
Read the full story on Forbes: https://www.forbes.com/sites/christopherhelman/2024/02/21/electric-cars-vs-wildflowers-who-wins/?sh=2d16aee01461
Forbes Daily Briefing shares the best of Forbes reporting on wealth, business, entrepreneurship, leadership and more. Tune in every day, seven days a week, to hear a new story. Subscribe here: https://art19.com/shows/forbes-daily-briefing
Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:
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