America Just Hit the Lithium Jackpot | David Liu startup to focus on getting CRISPR therapy to hard-to-reach cells | Ukraine looks to seize interest on Russia's frozen assets as Kyiv scrambles for wartime funds

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America Just Hit the Lithium Jackpot - The Atlantic

About 16.4 million years ago, magma surged through a raised mound near Nevada’s present-day border with Oregon and began spreading an unholy orange glow outward over the region. At the time, landscape-spanning lava flows regularly gurgled and hissed across the area, releasing enough carbon dioxide to warm the Earth’s atmosphere. This particular eruption was special, though, at least according to a paper published late last month in Science Advances, which claims that underneath the volcano’s extinct crater is a thick brown clay that is shot through with what could be the largest known lithium deposit on the planet. If the discovery holds up, and the lithium is easy to extract and refine—both big ifs—this ancient geological event could end up shaping contemporary geopolitics, and maybe even the future of green energy.

Lithium is a blessing nearly as old as time itself. Immediately after the Big Bang, the universe was a dark and roiling plasma, too hot and chaotic for stable nuclei to form. It needed to expand and cool for a few minutes before it could begin generating atoms. Most of these primordial particles were hydrogen and helium, but for every 10 billion or so of hydrogen, a lone lithium atom would pop into existence. A thin mist of this lightest of all metals soon stretched across the entire cosmos. Much of it was later destroyed by various cosmic processes, but fortunately the universe has since made more and deposited it, as a kind of endowment, into the clouds of gas and dust that condense into stars and their orbiting planets.

On our planet, humanity has lived through a succession of metal ages: copper, bronze, iron. We are now living in a lithium age. The mineral goes into the batteries that power smartphones and electric vehicles, and much more of it will be needed for the futuristic batteries that will store renewable energy after humanity transitions away from fossil fuels. Now that we have learned how to derive electricity from light that beams down from the sun, and wind that rushes over Earth’s surface, and water that flows through rivers, we need somewhere to store it, and nothing stores electricity quite like lithium.

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NUS School of Computing - Analytics from Data to Insights Programme

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David Liu startup to focus on getting CRISPR therapy to hard-to-reach cells - STAT

David Liu, the Broad Institute biochemist behind two powerful forms of genome editing, is launching a company focused on delivering gene-editing machinery to precise cells and tissues in the body, STAT has learned.

The company, known as Nvelop, already raised a $100 million seed round last year, according to PitchBook. It is being run by Jeff Walsh, a former top executive at Bluebird Bio, and it recently recruited Bluebird’s head of research, Melissa Bonner, according to two people with knowledge of the situation. Bluebird had not previously disclosed Bonner’s departure.

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Ukraine looks to seize interest on Russia's frozen assets as Kyiv scrambles for wartime funds - Markets Insider

Ukraine is reportedly looking to seize interest accrued on frozen Russian assets as it scrambles to raise more wartime funds.

Kyiv is facing a budget deficit of more than $40 billion for 2024, while security spending is set to increase to $45 billion.

According to The Wall Street Journal, one source of much-needed funding could come from the Russian assets that were frozen by Western institutions soon after Moscow's 2022 invasion.

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