Is fool's gold more valuable than originally thought?

Fool's gold or iron pyrite—a common mineral that resembles its precious counterpart—may be more valuable than scientists originally thought, as it has been found to be abundant in lithium. Where is Jennifer Pan from ‘What Jennifer Did’ now?

Is fool's gold more valuable than pyrite?

Worthless at first glance, this mineral is widely used in the chemical industry, and a new discovery suggests fool's gold is much more valuable than its name suggests. Research published in the journal Geology has found tiny amounts of gold can be trapped inside pyrite.

Why is pyrite called 'Fool's gold'?

"Fool's gold" is a common nickname for pyrite. Pyrite received that nickname because it is worth virtually nothing, but has an appearance that "fools" people into believing that it is gold. With a little practice, there are many easy tests that anyone can use to quickly tell the difference between pyrite and gold.