Posted on 08/25/2016 7:51:18 AM PDT by bananaman22
Weve gone electric, and theres no going back at this point. Lithium is our new fuel, but like fossil fuels, the reserves were currently tapping into are finiteand thats 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 wont 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 ...
Personally, based on what I know about Madame Clinton and Russia/US uranium control fostered by her, I am wondering how she has her hands in the control of the world’s lithium supply, too.
I read an article on this very subject a couple of years ago. I still assume some other technology will replace this type of battery, and probably pretty soon.
Interestingly, a number of companies are studying the idea of building electric batteries using phosphorus instead of lithium. If that works, then the amount of electric batteries we could build increases exponentially.
It would bear further investigation it would seem, wouldn’t it?
The “electric car boom” will end right about the time governments stop giving them multiple billions of dollars. Currently they can’t compete in the free market.
There’s an electric car boom? Who knew?
Hyundai Delivers First Fuel Cell Vehicle in Quebec
https://fuelcellsworks.com/news/the-first-hyundai-hydroge-fuel-cell-car-in-canada-tested-at-uqtr
Electric cars and railroads. Celebrating 100 years of progressive innovation.
The electric car boom is in the MSM.
Not so much the hardware.
Railroads supply our nation with our goods.
Fuel cells would be a better bet than straight batteries, especially ones that can reform methane or lighter hydrocarbons like propane or methanol.
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.
This roughly takes into account the higher efficiency of a battery-electric motor prime mover, as opposed to an internal combustion engine that wastes 2/3rds of that energy through the exhaust and cooling system.
Battery tech IS making improvements by leaps and bounds, and may just reach those benchmarks in the not too distant future.
I don’t see any difference.
They both look awesome!
Not really
Profit potential in LIEG?
All I see in those pics are jobs and prosperity.
Mother Gaia will heal just fine.
Just last week, Cramer mentioned that FMC corporation is tripling the capacity of its primary lithium production operation.
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