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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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To: gunsequalfreedom

they will ignore it just like the dead birds from the wind turbines

its not wrong when they do it


41 posted on 07/28/2022 12:19:19 PM PDT by joshua c (Dump the LEFT. Cable tv, Big tech, national name brands)
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To: RomanSoldier19

“Cleaner battery power?” These people have the IQ of a turnip.


42 posted on 07/28/2022 12:20:46 PM PDT by fretzer
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To: RomanSoldier19

A massive deposit of lithium has been found on the US, in VT or NH. It’s been a few weeks since I read the article so I forgot which one. Family owned mine of geologists but the state NIMBY mining laws on strip mining are affecting the future extraction. We have the lithium in the US but will we be able to process and sell it?


43 posted on 07/28/2022 12:24:39 PM PDT by Liaison (TANSTAAFL)
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To: RomanSoldier19
" Getting enough lithium is one of the biggest challenges facing electric-car companies"

Reminds of FDR saying:
"Getting enough rubber is one of the biggest challenges facing car companies..."

We all know how that turned out...
For those of us old enough to remember, it's Deja Vu all over again...

44 posted on 07/28/2022 12:26:05 PM PDT by SuperLuminal
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To: Bob434; cgbg

Based on the two most recent threads, the poster seems to prefer name calling, with no interest in replying….
Not a good look.


45 posted on 07/28/2022 12:26:34 PM PDT by thesearethetimes... (Had I brought Christ with me, the outcome would have been different. Dr.Eric Cunningham)
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To: OldWarBaby; All

Yup. I’ve said before that the planet will hit a diminishing returns on sourcing components for these batteries. Ten years from now, let’s remember today’s forecasts.


46 posted on 07/28/2022 12:27:20 PM PDT by Cobra64 (Common sense isn’t common anymore.)
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To: thesearethetimes...

Yep- i noticed that as well-


47 posted on 07/28/2022 12:28:04 PM PDT by Bob434
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To: ConservativeInPA

hmmm, can I use lithium carbonate to make batteries?


48 posted on 07/28/2022 12:28:47 PM PDT by john316 (JOSHUA 24:15 ...choose you this day whom ye will serve...)
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To: RomanSoldier19

Another Libtard Ecological Disaster


49 posted on 07/28/2022 12:29:26 PM PDT by NWFree (Somebody has to say it 🤪)
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To: RomanSoldier19

This is about ending personal transportation period.

Step 1: Getting people to abandon ICE vehicles, using EVs as bait.

Step 2: When the EVs prove not to be the solution? “Oh well, guess you have to take public transportation, sorry.”


50 posted on 07/28/2022 12:29:42 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: Liaison

IF the left all of a sudden start complaining about lithium mining (after they force everyone onto electric cars) it will be like their complaints about coal mining- We will have plenty of it, but they will demand we not mine it-

liberals seem to want everyone walking (but themselves of course) for some reason- I guess because they know it will make people miserable, and that is what the left lives for- making people miserable when there is no reason for it-


51 posted on 07/28/2022 12:31:40 PM PDT by Bob434
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To: joshua c

Exactly- that is their goal-


52 posted on 07/28/2022 12:33:54 PM PDT by Bob434
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To: gunsequalfreedom; All

Yup, like the silver mine tailings in Colorado and hydro gold mining in Northern California polluting the rivers all the way down to the Bay. Oh well. We shall see in a few years the effects of mining components for EV batteries. In theory the EPA will shut down the mines, creating shortages and we’ll wish the petroleum industry still had refining capacity for gasoline and diesel. IMOHO


53 posted on 07/28/2022 12:34:41 PM PDT by Cobra64 (Common sense isn’t common anymore.)
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To: Pollard

Where’ the guardrails?


54 posted on 07/28/2022 12:42:20 PM PDT by Paladin2
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To: ctdonath2

The Oceans have all sorts of Li.


55 posted on 07/28/2022 12:44:26 PM PDT by Paladin2
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To: Paladin2

Scary isn’t it?


56 posted on 07/28/2022 12:47:05 PM PDT by Pollard (If there's a question mark in the headline, the answer should always be No.)
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To: Pollard

I’d hate to have to work at the bottom level.


57 posted on 07/28/2022 12:49:40 PM PDT by Paladin2
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To: dangus

58 posted on 07/28/2022 12:50:10 PM PDT by RomanSoldier19 (Res ad Triarios venit)
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To: NWFree

how is your 401k

59 posted on 07/28/2022 12:52:46 PM PDT by RomanSoldier19 (Res ad Triarios venit)
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To: RomanSoldier19

Elon just has to hire more children to do the mining in Africa and elsewhere.


60 posted on 07/28/2022 12:57:32 PM PDT by minnesota_bound (Need more money to buy everything now)
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