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Why are lithium prices collapsing?

internationalbanker.com

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Re: Why are lithium prices collapsing?

#161

Post by Fnoord »

hyperbovine wrote: post #119
aintgonnatakeit wrote: post #113

Earlier quoted context omitted.

Same thing happens with the gas stove threads. I can’t believe that actual people are that invested in burning hydrocarbons.

For serious chefs, gas ranges remain far superior to their electric counterparts. I’ll be the first in line to buy an induction cooktop that performs as well as a high end gas range, but we’re not there yet.

Serious chef is such a condescending fallacy (no true scottsman, argument of authority). Please instead state why induction does not perform according to you.

Re: Why are lithium prices collapsing?

#162

Post by kibwen »

CyberDildonics wrote: post #136
aintgonnatakeit wrote: post #113

Earlier quoted context omitted.

Same thing happens with the gas stove threads. I can’t believe that actual people are that invested in burning hydrocarbons.

Gas stoves and plastic straws are distractions, they don't matter either way.

Gas stoves need to go away because getting rid of gas infrastructure in the long term will be a huge win, but the gas industry spends heavily on propaganda to convince people otherwise: https://youtube.com/watch?v=hX2aZUav-54

Re: Why are lithium prices collapsing?

#163

Post by Reason077 »

nindalf wrote: post #77
newswasboring wrote: post #52

Earlier quoted context omitted.

Necessary gambling is what helps the market figure out the real long term availability of something. I have not seen any necessary gambling in my years in manufacturing. So in my view all speculation on commodities seem unnecessary.

> I have not seen any necessary gambling in my years in manufacturing. You need to manufacture a widget and it must cost no more than $5. You have a few inputs to your widget, some made with steel and some with plastic. If steel and plastic prices increase, your inputs cost more than $5 and you’re making a loss on every widget you sell. So you go to the futures market and take a bet that the input prices will increas…

In this example, the use of futures contracts isn't really gambling. Quite the opposite: it's insurance!

Re: Why are lithium prices collapsing?

#164

Post by traverseda »

kibwen wrote: post #146
wffurr wrote: post #127

Earlier quoted context omitted.

Two big use cases: 1) Wok cooking, can’t use a round bottomed wok easily or create “wok hei”. Though you can also do it with a blowtorch: https://www.seriouseats.com/hei-now-youre-a-wok-star-a-fiery... 2) Causing childhood asthma. Gotta employ all those healthcare workers somehow…

China is the world's largest adopter of induction cooktops. Wok cooking isn't a problem. You can even buy induction cooktops specifically shaped for woks. Can we please retire this silly talking point now?

Their wiring supports more than twice the watts of a standard North American power outlet. Better electric kettles, better induction cookers, etc.

Re: Why are lithium prices collapsing?

#165

Post by CyberDildonics »

kibwen wrote: post #162
CyberDildonics wrote: post #136

Earlier quoted context omitted.

Gas stoves and plastic straws are distractions, they don't matter either way.

Gas stoves need to go away because getting rid of gas infrastructure in the long term will be a huge win, but the gas industry spends heavily on propaganda to convince people otherwise: https://youtube.com/watch?v=hX2aZUav-54

If gas infrastructure is the problem, why focus on gas stoves and not gas water heaters and furnaces?

Re: Why are lithium prices collapsing?

#166

Post by nibbleshifter »

kibwen wrote: post #160
hyperbovine wrote: post #119

Earlier quoted context omitted.

For serious chefs, gas ranges remain far superior to their electric counterparts. I’ll be the first in line to buy an induction cooktop that performs as well as a high end gas range, but we’re not there yet.

My serious chef friends (one professional, one amateur) swear by their induction stoves. Their expensive high-end gas ranges are gathering dust. Once you've tried induction, going back to gas feels absolutely primitive.

I've had pretty much all kinds in various apartments in the last while, currently back on "hot plate" resistive electric (renting currently), which sucks and is inefficient.

Induction is amazing for some things, but for some other things I prefer gas.

Given the choice, I'd have some kind of combination of gas and induction. Maybe half and half?

Re: Why are lithium prices collapsing?

#167

Post by simondotau »

traverseda wrote: post #164
kibwen wrote: post #146

Earlier quoted context omitted.

China is the world's largest adopter of induction cooktops. Wok cooking isn't a problem. You can even buy induction cooktops specifically shaped for woks. Can we please retire this silly talking point now?

Their wiring supports more than twice the watts of a standard North American power outlet. Better electric kettles, better induction cookers, etc.

This is true of standard wall outlets which are 110V but not for integrated appliances like ovens and induction cooktops which can pull 200+ volts from your breaker panel. The problem in the USA isn’t your power, it’s your weird habit of buying combination stove-and-oven units. Stop it.

Re: Why are lithium prices collapsing?

#168

Post by theK »

botanical wrote: post #151
api wrote: post #111

The space is saturated with anti-EV FUD.

> A legacy of the Pinochet era in Chile is the privatisation of minerals and water, which gives companies ownership of those resources in an area. While mining operations squeeze this already dry region even drier, communities lose their access to potable water, leaving them relying on tankers to deliver it. “We used to have a river before that now doesn’t exist. There isn’t a drop of water,” says Rivera. “And not on…

I don’t want to disagree with you because I agree on principle with what you are saying but this case you describe has nothing to do with EVs and everything to do with neoliberalism.

Re: Why are lithium prices collapsing?

#169

Post by refurb »

anamexis wrote: post #144
refurb wrote: post #131

Earlier quoted context omitted.

That's kind of a ridiculous argument. Sure, international corporations violate human rights, but unless you provide proof these lithium corporations are, then we can just assume they aren't.

Why would that be a reasonable assumption?

Wait, you're asking why it's reasonable to assume a corporation is NOT violating human rights in a situation where there is no evidence that they are?

Because it's absurd to think otherwise?

I mean, using OPs logic of "Because we all know international corporations never violate human rights?" you could say that about anything.

If you're a teacher you're probably a child molester because "Because we all know teachers never molest children, right?"

Re: Why are lithium prices collapsing?

#170

Post by zamnos »

lotsofpulp wrote: post #129
GolfPopper wrote: post #128

Earlier quoted context omitted.

Of course there's a difference. It's based on information asymmetry, i.e. the 'greater fool' theory. When the information asymmetry is deliberately created, that's being done in bad faith, and is the sort of thing we call fraud when done on an individual level. It often feels like a great deal of our corporate and financial machinery are designed around diffusing actions that would be criminal, or reprehensible if do…

> When the information asymmetry is deliberately created, that's being done in bad faith, and is the sort of thing we call fraud when done on an individual level. What information asymmetry? The previous comments referred to speculators betting on price movements. Deliberately creating fraudulent information asymmetry would be altering data in industry reports and publishing false manufacture/consumption data. Which,…

What is illegal is financial advising without a license. Which recommending a stock falls under. Altering some one else's report and claiming your rendition is the real one is forgery or something, but writing your own report and making up numbers is totally fine.
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