r/technology • u/ourlifeintoronto • Sep 10 '23

Transportation Lithium discovery in US 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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53

u/desquibnt Sep 11 '23

They broke ground on a mine on the site in March after a three year permitting process. This isn’t exactly groundbreaking news

There’s a reason Elon built his gigafactory only 50 miles down the road

23

u/appleparkfive Sep 11 '23

Well the other big reason is because Reno is a straight shot to the Bay area. A lot of tech people have been eyeing Reno. Because there's no income tax in Nevada. And not like Texas "no income" tax, but actual no income tax. It's substantially cheaper than California.

It's funny how people think of Reno as "Reno 911" vibes still. When in reality it's become this big satellite hub for a lot of the tech companies. It's growing at a ridiculous rate

9

u/MKULTRATV Sep 11 '23

Reno is still pretty greasy though. Just with more traffic.

5

u/gachunt Sep 11 '23

Reno is doing well, but I think Terry is still giving handies in the back of the roller-skating restaurant that he works at.

3

u/[deleted] Sep 11 '23

There's legitimately nowhere for new employees to live, there's barely anywhere for lifelong Reno residents to live.

You've just explained why.

They're going to have to build new cities in the desert. Cities adjacent to the factories. Cities that employees never have to leave.

Then Joe Rogan will complain about it like Elon isn't the one doing it.

1

u/SuperSimpleSam Sep 11 '23

If that high speed rail goes in, there could be a faster boom for the area.

1

u/Asleeper135 Sep 11 '23

Texas does have no state income tax. They just make up for it with other taxes.

8

u/PM_MY_OTHER_ACCOUNT Sep 11 '23

Isn't it literally groundbreaking news though?

1

u/G0DatWork Sep 11 '23

Yeah lol. A fun glimpse for me about how the "news" industry works as someone actually in this field... I think this surveyed about 30 years ago...