McDermitt Caldera Lithium Mining Project

planned

The McDermitt caldera, an ancient volcanic crater straddling the Nevada–Oregon border, contains an estimated 20 to 40 million metric tons of lithium. This deposit is among the largest known lithium reserves globally and is accessible through open-pit mining due to its shallow claystone layers rich in lithium. The project aims to develop this lithium resource to supply materials for electric vehicles, smartphones, and renewable energy storage systems.