I don't think people realize how earth-shatteringly huge lithium is about to be.
I've previously heard the lithium story.
I've also read that it doesn't take all that much lithium to build a EV battery. If it were that precious then they would be recycling the lithium from old batteries, but they aren't. And there are tons of new lithium supply just around the corner.
I don't really know any of that for sure. Just a feeling I get from keeping not-so-close tabs on the industry.
Nickel is a lot more of a limiting factor than Lithium. This is straight from the horses mouth (Elon). See the recent news about Indonesia. Elon is always a step or two ahead.
I've previously heard the lithium story.
I've also read that it doesn't take all that much lithium to build a EV battery. If it were that precious then they would be recycling the lithium from old batteries, but they aren't. And there are tons of new lithium supply just around the corner.
I don't really know any of that for sure. Just a feeling I get from keeping not-so-close tabs on the industry.