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Newsom Sees $500B Lithium Boom Amid Environmental Concerns

4/6/2026

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Story summary
  • Gavin Newsom, governor, describes Imperial County as 'the Saudi Arabia of lithium,' estimating $500 billion in lithium that could boost the economy via job creation and tax revenue.
  • In Imperial County, half the roads are unpaved and unemployment is high.
  • Locals worry lithium extraction will deplete scarce water resources and worsen air pollution.
  • Environmental groups are suing to halt the extraction, arguing residents bear environmental costs while others profit.