r/science • u/Sort_of_Frightening • Sep 10 '23

Chemistry Lithium discovery in U.S. volcano could be biggest deposit ever found

https://www.chemistryworld.com/news/lithium-discovery-in-us-volcano-could-be-biggest-deposit-ever-found/4018032.article
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u/ahfoo Sep 11 '23

Actually this news will be bad for a lot of people who are invested in lithium. Investors want their commodities to be scarce so the value will increase. Finding a massive new discovery dilutes existing lithium positions. Abundance that is good for you and I is bad for investors.

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u/AstronomerNew5310 Sep 11 '23

I'd like to invest in the abundant American volcano thanks