Welp, you can guess where the next hurricane and land grab will occur.
From WIKI:
Mineral resources
The Smackover Formation has been a prolific source of petroleum. The 1922 discovery of the Smackover oil field, after which the Smackover Formation is named, resulted in a sizeable oil boom in southern Arkansas.
In addition to being a petroleum reservoir, as of 2015, the brine from the Smackover Formation is the only source of commercial bromine in the United States.
A 2022 report estimated that the lithium brine in the formation has “sufficient lithium to produce enough batteries for 50 million electric vehicles.” In October 2024, 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.