The lithium mine, calculated using a machine-learning model and geological information that predicted maps of lithium concentration, represents 35% to 136% of the current amount of lithium estimated to be in the U.S. Lithium could be extracted from the waste stream of the brines—deposits of groundwater rich in minerals—in the Smackover Formation.

New research suggests Arkansas may be home to up to 19 million tons of lithium reserves, potentially giving the U.S. the chance to lead in the EV industry.

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.

Researchers say the Smackover Formation could hold enough lithium to supply global demand for years to come — if it can be commercially recovered.

The International Energy Agency has predicted that demand for lithium could grow by 40 times by 2040, and one US state in particular may be the solution to that demand. Researchers say that Arkansas could have between 5 million and 19 million tons of the chemical element,