Why are lithium prices collapsing? • Hacker News Board

Re: Why are lithium prices collapsing?

#211

Post by swexbe » Sun, Apr 30, 2023, 2:25 PM UTC

simondotau wrote: post #167

traverseda wrote: post #164

Earlier quoted context omitted.

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.

Stoves are often 400v here in Europe at least.

Re: Why are lithium prices collapsing?

#212

Post by refurb » Sun, Apr 30, 2023, 2:31 PM UTC

uoaei wrote: post #176

refurb wrote: post #169

Earlier quoted context omitted.

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…

It's absurd to believe either side of that dichotomy, because you have no information on which to base any belief.

Thankfully the laws says innocent until proven guilty.

Apparently the law is “absurd”

Re: Why are lithium prices collapsing?

#213

Post by hhmc » Sun, Apr 30, 2023, 2:33 PM UTC

yunohn wrote: post #110

jpgvm wrote: post #55

Earlier quoted context omitted.

There is a finite supply of the underlying, each sold future equates to agreed upon future deliveries. So in reality the number of contracts sold (not traded) does equate 1:1 with demand for the underlying. When that doesn't hold true you will end up with Failure To Deliver (FTD) which causes Very Bad Things™. Generally speaking though commodities markets aren't rigged in the way that people complain about in some ot…

All of what you say could be true - I just find it hard to believe given IRL finance bros are constantly trading and profiting off of futures/commodities trading without a single worry of the underlying commodity.

If your claim is that 'finance bros' (perhaps let's call them commodity traders) don't consider anything about the fundamentals of the underlying, then you simply have no meaningful understand of trading.

Re: Why are lithium prices collapsing?

#214

Post by bcrosby95 » Sun, Apr 30, 2023, 2:35 PM UTC

pclmulqdq wrote: post #148

wolfram74 wrote: post #135

Earlier quoted context omitted.

This could be interpreted as saying unless you fix everything at once, any incremental change should be seen as disingenuous and merely a distraction. Would you like to rephrase?

I'm not the OP but I share this attitude. The argument is that it is hypocritical to heat your 50-room house using hydrocarbons and fly around in a private jet while telling other people to cut their CO2 usage. If you aren't willing to sacrifice for your cause, why should other people sacrifice anything for it?

Are you saying everyone who thinks we need to sacrifice for climate change owns a 50 room house and flies around in a private jet?

Re: Why are lithium prices collapsing?

#215

Post by [deleted] » Sun, Apr 30, 2023, 2:42 PM UTC

CyberDildonics wrote: post #203

throwaway5959 wrote: post #177

Earlier quoted context omitted.

Why not all three? Just stop using gas altogether. I pass enough of it myself, thanks. Edit: why am I being downvoted? Is it not a legitimate question to ask why not go all the way with converting to electric when appliances exist for all three use cases? Do my farts stink too bad?

Because gas stoves are the easiest to replace. If someone doesn't have gas lines in their house, they'll just use an electric stove. Replacing a water heater or furnace either needs heat pumps or resistive heat and it becomes potentially much more expensive. Stoves don't matter in the big picture here, they are secondary to whatever people are already doing for heat.

[deleted]

Re: Why are lithium prices collapsing?

#216

Post by uoaei » Sun, Apr 30, 2023, 2:44 PM UTC

refurb wrote: post #212

uoaei wrote: post #176

Earlier quoted context omitted.

It's absurd to believe either side of that dichotomy, because you have no information on which to base any belief.

Thankfully the laws says innocent until proven guilty. Apparently the law is “absurd”

The legal system doesn't "believe" anything. Unless you are a court of law, you aren't bound by the rules governing one.

Re: Why are lithium prices collapsing?

#217

Post by ericmay » Sun, Apr 30, 2023, 2:47 PM UTC

FpUser wrote: post #188

wolfram74 wrote: post #135

Earlier quoted context omitted.

This could be interpreted as saying unless you fix everything at once, any incremental change should be seen as disingenuous and merely a distraction. Would you like to rephrase?

When fixing one gives you 0.01% and fixing the other - 99.99% you go for a second one to achieve any sizeable gains. Doing it the other way is only good for fooling people to gain some points in one's political career. And you do not even have to fix second one completely to see positive results so it is not fixing everything at once.

Too simplistic. You can’t do the “99.99%” thing if you violate a population’s sense of justice. In fact you will almost surely make the problem even worse.

Re: Why are lithium prices collapsing?

#218

Post by paganel » Sun, Apr 30, 2023, 2:48 PM UTC

elif wrote: post #109

Because I see so much "conflict metals" discussion when lithium is discussed, I would like to contribute that less than 3% of global lithium production takes place on small artisanal mines, in which place human rights abuse may occur. Over 85% of lithium is produced by just 2 international corporations with large scale mines complying with multiple international regulation requirements.

> with multiple international regulation requirements.

How is that meant to be re-assuring?

As far as I know Chevron hasn't yet paid the money it is due to pay to the Ecuador state for past environmental damages inflicted on the ecosystem there, I'm positive they were branding their work to their stakeholders back-home as respecting "international regulation requirements".

Re: Why are lithium prices collapsing?

#219

Post by paganel » Sun, Apr 30, 2023, 2:50 PM UTC

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

> in the long term will be a huge win

Huge win for whom?

> but the gas industry spends heavily on propaganda to convince people otherwise:

Propaganda goes both ways.

Re: Why are lithium prices collapsing?

#220

Post by roamerz » Sun, Apr 30, 2023, 2:52 PM UTC

nibbleshifter wrote: post #166

kibwen wrote: post #160

Earlier quoted context omitted.

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?

So not a chef by any stretch but i’ve been cooking on resistive stoves for a long time. I find it works great for me to use good pans. My favorite is one with low thermal mass but a good heat distribution layer - and it seems to be stable as far as keeping the cooking surface nice and flat.

If I had a choice I wouldn’t use gas for a few reasons. Air quality, the amount of water that gets released and fire hazard. Seen too many buildings explode on tv lol.