Lithium demand is projected to reach 1.5 million tons by 2025 and more than three million tons by 2030, growing exponentially due to the increased demand for elect

Arkansas is sitting atop lithium reserves that could be vast enough to satisfy the entire world’s demand for EV batteries, according to the US Geological Survey (USGS). It estimates that there could be 5 to 19 million tons of lithium under southwestern Arkansas.

Federal and state researchers said there might be five million to 19 million tons of lithium, more than enough to meet the world’s demand for the battery ingredient.