Earlier quoted context omitted.
Proven reserves are dependent on actual mining. “Worldwide lithium resources identified by USGS started to increase in 2017 owing to continuing exploration. Identified resources in 2016, 2017, 2018, 2019 and 2020 were 41, 47, 54, 62 and 80 million tonnes, respectively.” https://en.wikipedia.org/wiki/Lithium#Reserves There is little to suggest this trend will suddenly stop unless we simply stop looking. Further, a 5x…
Not sure if you've seen my edited version of the comment or replied to the earlier version. There is a distinction between resources and reserves.
Even resources is an underestimation as again it’s based on economic assumptions that are quite flexible. New technology for example can change what’s considered economically feasible.