Posted on 09/20/2016 7:09:13 PM PDT by Lorianne
Developing lithium shortages could pose a very big problem for the up and coming electric car industry.
According to recent statistics, demand is already outstripping supply by 15%, which explains why the price of lithium has moved higher since the start of the higher. But its not finished yet. Experts says this number is about to spike much higher.
We know that Chevy is releasing the Bolt this year and that will put further weight on the market, but its Elon Musks plans for Tesla that could really put pressure on resource producers. The company is preparing to role out the Tesla Model 3, an affordable electric vehicle for the masses. Tesla has reportedly already pre-sold some 500,000 Tesla 3 vehicles that are scheduled to be delivered over the next 12 24 months.
With so many cars getting ready to ship out to customers Elon Musk recently stated that he will need the worlds entire lithium supply annually in order to meet demand.
(Excerpt) Read more at thedailysheeple.com ...
If there is a shortage, the price will spike and someone will figure out how to get more lithium out.
Is lithium consumed in the battery? Can’t we recycle the lithium?
Conclusion: Nothing to worry about.
Oh how stupid can this green nonsense get? They were warned of this exact thing and they ignored it.
Interesting, thanks
I read about it some weeks ago. These big car battery factories are just another fleece scam.
When do we get to build more electricity factories?
Where are all these batteries going to get the recharge juice from?
Coal? Solar? SKITTLES!!
I didn't think of that. I have a lot of cordless tools that use lithium batteries. Lithium is also used in some types of lubricating grease for motors and hinges.
I’ve been saying this for years. Progressive wet dream just ran head on into reality. Lithium cordless tool batteries are now over $100.00 each, imagine a battery to power a car.
That’s why there is now more and more interest in fuel cell technology. Thanks to maturing technology for hydrogen refueling, fuel-cell cars that that be refueled with hydrogen in 10-15 minutes but with a range of around 500 km (310 miles) could be common by the early 2020’s.
Something like 80% of electricity is produced by coal, so there coal cars anyway
Cute graphics, but they mean what happens WITH the extracted oil. The HELL with the environment! Double down. If you love environment so much, go hunter gatherer again. Leave modern convenience. Limousine and Learjet Liberals sicken me!
Yeah... but who wants to hang out at a Quik-Trip getting refueled for 15 minutes ? There’s only so much browsing you can do in a QT Station.
Forgot about the grease, but it is common.
New business plan..let’s call it Wawa, or Thorton’s or Cumberland Farms... I hang out at Wawa for 30 minutes... having a milkshake..
is there any downside to coal-powered cars?
I think that would be winder full.
much better that buying from OPEC
winderful —> wonderful
Tesla
The affordable, hackable, electric car
Here are aerial views of the Athabasca oil sands in Saskatchewan. You will notice there isn't much similarity to the picture you posted.
The top portion of the image you posted shows BHP's Escondida copper mine in Chile, not a lithium mine. Lithium is produced from two main sources: solution mining of lithium rich evaporite deposits, and from hard-rock mining of pegmatites.
Lithium occurs in evaporite deposits and clays that formed from drying of playa or salt lakes. The lithium is probably of volcanic origin. Such deposits are drilled, injected with water, and pumped. The pumped, lithium-containing water is put in large evaporation ponds where lithium is concentrated, usually as a carbonate or chloride (incidently, lithium carbonate was used medicinally for certain mental problems). The resulting lithium salt is sold to manufacturers. This method is water intensive and, ironically, most such mines occur in arid climates.
About two thirds of lithium from brine comes from the Andes Mountains of Argentina, Chile and Bolivia. The photo below shows a lithium solution mining operation in the Atacama desert of Chile.
They’re doing it all wrong. Just check out this new Mercedes Benz powered not by lithium batteries, but by simple AAs.
https://www.youtube.com/watch?v=arQ8_PW-RiA
China loves it. While all these stupid libs were clamping down on mining and energy production China was buying the world’s supplies of rare earth minerals, tungsten, lithium, and just about any other important ore.
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