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Could A Lithium Shortage De-Rail The Electric Car Boom?
Oilprice.com ^ | 25-08-2016 | Jim

Posted on 08/25/2016 7:51:18 AM PDT by bananaman22

We’ve gone electric, and there’s no going back at this point. Lithium is our new fuel, but like fossil fuels, the reserves we’re currently tapping into are finite—and that’s what investors can take to the bank.

You may think lithium got too popular too fast. You may suspect electric vehicles are too much buzz and not enough real future. You may, in short, be a lithium skeptic, one of many. And yet, despite this skepticism, lithium demand is rising steadily and sharply, and indications that a shortage may be looming are very real.

It won’t be a shortage in terms of ‘peak lithium’; rather, it will be a game of catch-up with the electric car boom, with miners hustling to explore and tap into new reserves.

(Excerpt) Read more at oilprice.com ...


TOPICS: Business/Economy
KEYWORDS: electriccar; investing; lithium; mining
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To: bananaman22

21 posted on 08/25/2016 8:23:17 AM PDT by al_c (Obama's standing in the world has fallen so much that Kenya now claims he was born in America.)
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To: bananaman22

Peak lithium.


22 posted on 08/25/2016 8:24:23 AM PDT by MUDDOG
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To: Scythian_Reborn

I used to work for a magnesium plant in Rowley, UT. They solar evaporated the water in the Great Salt Lake and extracted magnesium chloride. One of the byproducts was a huge amount of lithium chloride brine, which at the time had no use. Google a satellite view of the plant to see how “helpful” it is to the environment.


23 posted on 08/25/2016 8:30:24 AM PDT by anoldafvet
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To: Puppage
There's an electric car boom?

Teslas have been booming for some time.

24 posted on 08/25/2016 8:31:09 AM PDT by Fightin Whitey
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To: nascarnation

Whatever, guys like you make comments like this just to get peoples goat.


25 posted on 08/25/2016 8:35:49 AM PDT by Scythian_Reborn
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To: RayChuang88

“Why, did the Clinton Foundation strike a deal with the government of Bolivia, a country with HUGE deposits of lithium-yielding soil and rocks?”

Then there’s our continued presence in Afghanistan, a Stone Age country we’re pouring our nation’s blood and treasure into. There’s hundred’s of billions of dollars worth of Lithium and other rare earth metal deposits there. Add in all the gold, silver, and copper and Afghanistan has TRILLIONS of dollars of mineral deposits which will at some point be one of the earth’s largest and most profitable mining destinations.


26 posted on 08/25/2016 8:46:45 AM PDT by Carthego delenda est
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To: factoryrat

Battery tech won’t be competitive unless a battery pack can hold the equivalent of 30~40% of the energy contained in 16 gallons of gasoline.

...

The top of the line Tesla is a large car and will soon have a range over 300 miles. Is that good enough?


27 posted on 08/25/2016 8:49:33 AM PDT by Moonman62 (Make America Great Again!)
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To: Fightin Whitey

Internal combustion cars have been catching fire for decades at a higher rate than electric cars.


28 posted on 08/25/2016 8:50:48 AM PDT by Moonman62 (Make America Great Again!)
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To: Scythian_Reborn

Excellent! I can easily see libtard’s heads exploding after looking at that comparison.


29 posted on 08/25/2016 8:51:14 AM PDT by Carthego delenda est
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To: Elderberry
Fuel cell automobiles are great except for two BIG downsides:

1. Good luck putting in the hydrogen fueling infrastructure.
2. The "exhaust" from a fuel cell is water vapor, perhaps the most potent greenhouse gas out there (much more so than carbon dioxide). Can you imagine what would happen to a city when you have millions of cars spewing out water vapor?

30 posted on 08/25/2016 8:56:13 AM PDT by RayChuang88 (FairTax: America's economic cure)
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To: bananaman22

Don’t worry here is the answer.

https://drive.google.com/file/ d/ 0B0KtnWtajUVwcEtabVZlaDhTMW8/ view


31 posted on 08/25/2016 9:04:35 AM PDT by JayAr36 (GOPe is really worried they will lose their gravy train)
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To: RayChuang88
The "exhaust" from a fuel cell is water vapor, perhaps the most potent greenhouse gas out there (much more so than carbon dioxide). Can you imagine what would happen to a city when you have millions of cars spewing out water vapor?

Assuming you are serious, you realize that 1) internal combustion engines produce a similar amount of water vapor and 2) the amount of water vapor produced is not even a rounding error compared to natural processes such as evaporation from bodies of water?
32 posted on 08/25/2016 9:13:18 AM PDT by armydoc
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To: bananaman22

How many people have an electric car? 1 in 10,000 maybe?

And they are already approaching a shortage of deadly lithium. And the batteries in the current cars have to be replaced maybe 5 years down the line.

Just Brilliant.


33 posted on 08/25/2016 9:40:06 AM PDT by Revel
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To: armydoc; RayChuang88

I assume also that RayChuang88 is being facetious. It is hard not to be when discussing anything relating to the massive global warming fraud currently being perpetuated.

The problem that I have with fuel cells is that even after who knows how many billions of dollars that have been spent over the last twenty or so years, there is still nothing on the market that is marketable to your average consumer. Fuel cells are in theory very scalable. So I am not just talking cars; I mean for replacement of batteries in other applications as well. When could reasonably conclude that with the massive amount of research taxpayers by now should be receiving some sort of benefit... but just like so many other pie in the sky concepts we are always “two or three” years away from some type of break through. So at this point I have become highly skeptical of any technology that is hyped only in journals that are highly subsidized by a highly subsidized research organizations.

If you look for fuel cells on Amazon you won’t find anything other than a few science fair kits and a cell phone battery charger. By the time you buy all the pieces you need to actually use the “charger” it will cost you hundreds of dollars to get something that is far less functional than a lithium ion based cell phone charger that costs less than $20. And this is approximately the same situation currently with other fuel cell powered products currently available to consumers. It is almost all hype.


34 posted on 08/25/2016 9:46:51 AM PDT by fireman15 (The USA will be toast if the Democrats are able to take the Presidency in 2016)
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To: RayChuang88

In reverse order:

Petroleum combustion “spews out” water vapor along with carbon dioxide and small quantities of other chemical side products.

Ammonia (hydrogen and nitrogen compound) can also be “reformed” on demand; and, the resultant liberated hydrogen feed a fuel cell. The ammonia as a relatively low pressure liquid (like propane), or as a gas adsorbed into a magnesium chloride storage cell, allows more dense storage than hydrogen, either as liquid or gas form.

Hydrogen does have all the issues of a gasoline powered inboard boat pulled from storage—really should operate a compartment fan in a purge-cycle before starting is attempted. Hydrogen will migrate through all materials and can be explosive from 3% to 90% mixtures.


35 posted on 08/25/2016 9:48:11 AM PDT by Ozark Tom (The binding rules only allow hints to be given freely in lieu of actual disclosures.)
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To: RayChuang88
2. The "exhaust" from a fuel cell is water vapor, perhaps the most potent greenhouse gas out there (much more so than carbon dioxide). Can you imagine what would happen to a city when you have millions of cars spewing out water vapor?

More humidity and rain.

Water vapor is also a combustion product of gasoline, diesel,methane, propane. Most any fuel.

Obviously you have drunk the global warming koolade.

36 posted on 08/25/2016 9:48:18 AM PDT by Elderberry
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To: fireman15
Plug Power sells fuel cell systems for forklifts and backup power systems currently.

http://www.plugpower.com/customer/whos-using-gendrive/

http://www.plugpower.com/customer/whos-using-gensure/

37 posted on 08/25/2016 10:01:37 AM PDT by Elderberry
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To: bananaman22

There seems to be no FINITE amount of Oil that I can see!


38 posted on 08/25/2016 10:05:44 AM PDT by Harpotoo
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To: fireman15
I wonder has anyone studied what happens to the urban climate when you have millions of cars all spewing out pure water vapor at the same level you get from a Honda Clarity FCX or Toyota Mirai fuel-cell car.

While it's obvious that air will be way cleaner (since we're not spewing out carbon monoxide, sulfur dioxide, unburned hydrocarbons and particulates), we want to make sure several million cars spewing out pure water vapor in an urban area doesn't create unintended local climate effects.

39 posted on 08/25/2016 10:08:21 AM PDT by RayChuang88 (FairTax: America's economic cure)
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To: bananaman22

Quit trying to cheer me up.


40 posted on 08/25/2016 10:15:12 AM PDT by GingisK
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