There's quite a few company's mining for this new gold in and around that area, with the biggest and the most noticeable being Albemarle (NYSE:ALB) which acquired Rockwood Lithium in 2015.
The Clayton Valley: Nevada’s Lithium Hotspot Here's a closer look at Nevada's Clayton Valley and some of the lithium companies operating there.
The lithium space has certainly been getting plenty of attention as of late, with investor excitement largely driven by rising lithium prices and increasing demand from the lithium-ion battery sector.
Analysts believe that over the next several years lithium demand will increase by 60 to 250 percent — and that the metal will sell for 50 percent or more above historical levels.
For that reason, many companies are currently on the hunt for new sources of lithium. Most of the world’s lithium is currently produced in Australia, Chile and Argentina, but more recently there’s been a veritable lithium rush in Nevada as well.
Companies in the Clayton Valley
There is certainly ample reason for lithium companies to be interested in the Clayton Valley. Here’s a list of some of the lithium companies that currently have lithium projects in the Clayton Valley:
Advantage Lithium (TSXV:AAL) Cypress Development (TSXV:CYP) Lithium X (TSXV:LIX) Nevada Energy Metals (TSXV:BFF, OTC Pink:SSLMF) Nevada Sunrise Gold (TSXV:NEV) Noram Ventures (TSXV:NRM) Pure Energy Minerals (TSXV:PE) Red Mountain Mining (ASX:RMX) Sienna Resources (TSXV:SIE) Supreme Metals (CSE:ABJ)
Beyond that, there are a number of companies with projects that are not quite in the Clayton Valley, but that are still relatively nearby in Nevada. They are: