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 ...
Well Duh!!!
Everyone who has looked at it will agree, unless they are Democrats who think you need to click your heels twice.
Do a search on YouTube for Cobalt mining in the Congo.
It made me sick to watch. Especially when they started showing all the little kids born with birth defects because of their parents exposure to cobalt dust.
That’s a COPPER mine.
Pharoh Xao BiDung orders batteries to be built with no lithium.
That’s a ZINC, LEAD, and SILVER mine.
[[What is your Plan B?]]
Name calling apparently=-
I live near lead mining country. They make ponds to hold the toxic crud left over from mining. You can get some real cheap land in areas they used to mine but you might have to bring in water. You can put a well in but the water’s apt to have a lot of lead in it. Even if it doesn’t right off the bat, you have to have it tested every three months. Don’t even think you’re going to have a garden there.
Back in the 1800s, there were more people and less trees here. They used to mine for iron ore and they cut every tree down that was feasible to haul to use for the smelters. Then the iron ore ran out. Now it’s cattle country with a few lead mines which is the only thing left.
Mining is some nasty stuff. You won’t find any old guys that worked in the lead mines. They’re all dead.
There’s a lead recycling plant here and the employees have to get regular blood tests. When their lead levels get too high, they get rotated to a task away from the lead until their blood lead level comes back down. No old people around that have worked there either.
Lithium is the third most common element in the planet. Low-impact mining is possible. Just need someone to take up the profitable challenge of acquiring it on a much larger scale.
Don’t interfere. He is on a roll.
Look up Standard Lithium Company.
Why doesn’t Musk invest in lithium mining right here in the US? Without taxpayer dollars. He complain a little bit about how our government makes it impossible to even open a mine, let alone be profitable.
How can you tell? I just did an image search for lithium mine and it showed up.
they dont care
its not EVs
its not about climate
its about control
So Elon Musk has hundreds of billions of dollars. He’s telling you that if you invest in lithium, you’re sure to make enormous returns! And yet although his investments rely on lithium production, he doesn’t himself invest in lithium production.
It takes a special kind of naive to listen to people telling you where to invest, when they won’t invest there themselves. He wants cheap lithium. He wants YOU to pay for it. Don’t cite him as if he’s giving out sound advice.
Musk invest in lithium? I think he is. There’s a huge deposit in a dry lake bed on the Oregon/Nevada border that has some big money involved in opening it. Curiously and incidentally a chip maker named Expion360 is relocating, at least in part, from china to Redmond, Oregon which is about 3 hours away from that lake bed. Expion360 is a biggaxx outfit that will need large lithium bricks, or however they stack it up.
There seems to be a pattern I’ve seen over the years.
The people who call other people idiots seem to be morons. An example is the professor who thinks men can have children. And you.
As far as the electric razors on wheels? If we converted to nuclear it might make some sense but right now it’s idiocy to think the world can get off petroleum, natural gas and coal.
—-A buff white boomer.
“fat white boomer mouthbreather idiots” are smart enough to know that they are promising the jetsons but will deliver the flintstones
Read that there is a large deposit of lithium in the Ukrainian Donbas region from an international mining report. It’s not just oil and a land buffer they are after.
Yeah, Cat, Kom, Deere, Letourneau and a few others will do just fine moving all that dirt. And you know they won’t be converting their diesels. But I do like the Athabasca tar sands oil miners in Kanada who dig the stuff with electric power shovels that run on really, really long extension cords.
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