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Elon Musk is right: Getting enough lithium is one of the biggest challenges facing electric-car companies
business insider via yahoo ^ | July 23, 2022 | Tim Levin

Posted on 07/28/2022 11:23:15 AM PDT by RomanSoldier19

Elon Musk is pleading for more investment in lithium, the silvery-white metal that's crucial to making electric-car batteries. He recently complained about the metal's "insane" costs and said anyone who enters the refining business basically gets a "license to print money."

The billionaire has a point. As the auto industry shifts away from dirty fossil fuels and toward cleaner battery power, lithium is in the spotlight. Demand for the metal has skyrocketed in recent years, as has its price.

Questions still remain about whether the world will manage to mine, refine, and ship enough lithium to support the green revolution set to occur over the next decade and beyond. Here we've laid out the basics of why lithium is so important and what could happen next.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS:
KEYWORDS: gocarts; lithium
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1 posted on 07/28/2022 11:23:15 AM PDT by RomanSoldier19
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To: RomanSoldier19

Just think about it....Armies around the world are going to be electric? That’s just nuts.


2 posted on 07/28/2022 11:26:00 AM PDT by Sacajaweau ( )
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To: RomanSoldier19

We will coup whoever we want to get my preciouss..

3 posted on 07/28/2022 11:26:18 AM PDT by proust (All posts made under this handle are, for the intents and purposes of the author, considered satire.)
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To: proust

pwnt


4 posted on 07/28/2022 11:28:14 AM PDT by z3n (Kakistocracy)
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To: RomanSoldier19

Supplying the electricity to recharge seems a huge problem too considering our electric grids can barely keep up now- with some states facing rolling blackouts during peak usages-


5 posted on 07/28/2022 11:32:25 AM PDT by Bob434
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To: RomanSoldier19
away from dirty fossil fuels and toward cleaner battery power


6 posted on 07/28/2022 11:33:23 AM PDT by Pollard (If there's a question mark in the headline, the answer should always be No.)
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To: Bob434

In come the fat white boomer mouthbreathing idiots...”Well I’d never buy one....blah, blah”. Margie make me a liverwurst sandwich and get me a beer.”


7 posted on 07/28/2022 11:33:58 AM PDT by pburgh01
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To: Sacajaweau

Well, you would be wrong about that.

Only the losing armies around the world will be electric. The rest of them will run on diesel and crush the others while they are looking for an outlet to plug into.

Of course, they may just have to go run to find their generators to charge up. Those generators will be run on diesel.

Makes a lot of sense doesn’t it?


8 posted on 07/28/2022 11:35:25 AM PDT by Sequoyah101 (Politicians are only marginally good at one thing, being politicians. Otherwise they are fools.)
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To: RomanSoldier19

Wow, even the excerpt alone is laying on the anti ICE bias so thick I will not read their screed!


9 posted on 07/28/2022 11:35:39 AM PDT by Ex gun maker. (Free thinking is now a radical concept, I will not be assimilated by PC or EV groupthink!)
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To: RomanSoldier19

Well, brilliant things come from brilliant people don’t you know?

/s


10 posted on 07/28/2022 11:36:07 AM PDT by Sequoyah101 (Politicians are only marginally good at one thing, being politicians. Otherwise they are fools.)
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To: Sacajaweau

Not the ChiComs.
They’re putting civilians in electric vehicles and saving the petroleum for the military.


11 posted on 07/28/2022 11:38:48 AM PDT by nascarnation (Let's Go Brandon!)
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To: pburgh01

If you want to persuade people to buy electric cars, name calling and insulting them is not going to work.

What is your Plan B?

;-)


12 posted on 07/28/2022 11:41:23 AM PDT by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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To: proust

Moron doesn’t understand sarcasm.


13 posted on 07/28/2022 11:41:26 AM PDT by ifinnegan (Democrats kill babies and harvest their organs to sell)
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To: Pollard

See that row of quarry trucks parked on the lower right? It takes a full load on each of those, together , to make one battery. It takes about 400,000 pounds of ore to make one, yeah, one, battery. Making and recycling batteries of any sort, lead acid, NiCad, lithium, or anything else is the dirtiest business on the planet. Cleaning up the mess is why a battery costs the price of a house down payment.

And look at that pic again. Where do you suppose they’re putting the leftovers which amount to 99% of the dig?


14 posted on 07/28/2022 11:43:12 AM PDT by OldWarBaby
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To: OldWarBaby
See that row of quarry trucks

Sounds like a bull market for Caterpillar and Komatsu, right?

15 posted on 07/28/2022 11:44:21 AM PDT by nascarnation (Let's Go Brandon!)
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To: pburgh01

so0- because i suggest that there might be electricity problems if everyone is forced to switch to electric- that the grid might be overwhelmed- that makes me a ‘fat white boomer mouthbreather idiot”?

Gee- I’ll bet you are just a ton of fun at parties!


16 posted on 07/28/2022 11:45:23 AM PDT by Bob434
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To: RomanSoldier19
Getting enough lithium is one of the biggest challenges facing electric-car companies

We could get some by disassembling the warheads on our Thermonuclear Weapons ...

17 posted on 07/28/2022 11:45:40 AM PDT by Navy Patriot (Celebrate Decivilization)
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To: RomanSoldier19

I have read that the mine-able lithium deposits will only enable the conversion of 6-7% of the internal combustion powered cars to electric.

Then, recycling the batteries will become mandatory to keep the EV industry going, but at a flatline.

Especially after the whole auto industry moves to “EV-only” in 2030-2035.


18 posted on 07/28/2022 11:46:25 AM PDT by Andy from Chapel Hill (Wind energy windmills remove the energy from the wind, which causes global warming.)
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To: RomanSoldier19
That is why they call it a precious metal.

If they think oil drilling is bad, just wait until they see the environmental mess left behind from their green power supply.


19 posted on 07/28/2022 11:47:44 AM PDT by gunsequalfreedom (ui)
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To: pburgh01

😂😂😂👍


20 posted on 07/28/2022 11:47:56 AM PDT by MotorCityBuck ( Keep the change, you filthy animal! ,)
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