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XFundManager

02/23/22 9:01 PM

#62103 RE: VortMax #62101


Yes, Lithium is a non-renewable, but it is a very recyclable resource from batteries. Which has only recently become the big consumer of lithium. Especially with EV cars. You can take about 10,000 cellphone batteries worth of material to make a single EV car battery on average.

So let’s take it from the car battery perspective.

There’s about 12kg of Lithium in a 70kWhr Tesla battery (63kg of Lithium Carbonate which is 12kg of Lithium as lithium is about 19% of a Lithium Carbonate Li2CO3)

There are about 35M Tonnes (or 35B kg) or 2.9B batteries worth, which at 100M cars per year is 29yrs, ok maybe I used 95M cars per year. Anyway, we’re talking almost 30yrs worth for every car to be made and use Li-ion batteries, with the known reserves. The reality is, there is likely much much more reserves but the value to go hunt them out is very limited, after all it’s pretty much ceramic glaze, glass, lithium grease, and at the rate of consumption the supply was near endless. So if/when we get to near this kind of consumption rate, we’ll definitely start looking for more.

So, Ok we’re not likely to run out soon, but what about really long time from now and not recovering 100% of lithium and not finding more. What then???

Well we’ve literally got ocean’s full of Sodium out there, and many developments have show Sodium almost as good, especially in Solid State batteries, which is likely what we’ll be going to in the next 5–10yrs because of the promise 3x the energy density and 5min charge times.


chklingon

02/23/22 9:03 PM

#62104 RE: VortMax #62101

Nonsense, there is plenty lithium. I keep hearing that nonsense in several places. Production is somewhat constrained by plants, but the actual lithium is plentiful in the earths crust.