Lithium “shortage” bubble implodes again

#1

Post by passwordoops » Thu, Dec 07, 2023, 2:06 PM UTC

Lithium “shortage” bubble implodes again
wolfstreet.com

Re: Lithium “shortage” bubble implodes again

#2

Post by blueflow » Thu, Dec 07, 2023, 2:41 PM UTC

> CNY per tonne

I somewhat expected USD but i'm not surprised. Times change.

Re: Lithium “shortage” bubble implodes again

#3

Post by Eumenes » Thu, Dec 07, 2023, 2:41 PM UTC

Time to stock up on lifepo4 batteries.

Re: Lithium “shortage” bubble implodes again

#4

Post by toomuchtodo » Thu, Dec 07, 2023, 2:41 PM UTC

Eumenes wrote: post #3

Time to stock up on lifepo4 batteries.

Time to ramp utility scale energy storage. Make batteries while the inputs are cheap.

https://www.pcienergysolutions.com/2022/04/27/how-quickly-ca...

https://www.iea.org/energy-system/electricity/grid-scale-sto...

https://insideevs.com/news/692788/tesla-battery-energy-stora...

(edit: as the cost of renewables approaches sub $0.01/kwh wholesale, storage/transmission/distribution become the primary costs of energy)

Re: Lithium “shortage” bubble implodes again

#5

Post by ToucanLoucan » Thu, Dec 07, 2023, 2:41 PM UTC

blueflow wrote: post #2

> CNY per tonne I somewhat expected USD but i'm not surprised. Times change.

I was going to comment about perhaps that's because so much of it is mined in China, but a quick google says China is a rather distant third behind Australia and Chile. The more you know.

Re: Lithium “shortage” bubble implodes again

#6

Post by Eumenes » Thu, Dec 07, 2023, 2:46 PM UTC

toomuchtodo wrote: post #4

Eumenes wrote: post #3

Time to stock up on lifepo4 batteries.

Time to ramp utility scale energy storage. Make batteries while the inputs are cheap. https://www.pcienergysolutions.com/2022/04/27/how-quickly-ca... https://www.iea.org/energy-system/electricity/grid-scale-sto... https://insideevs.com/news/692788/tesla-battery-energy-stora... (edit: as the cost of renewables approaches sub $0.01/kwh wholesale, storage/transmission/distribution become the primary costs of energy)

How challenging is it to DIY your own lithium battery packs?

Re: Lithium “shortage” bubble implodes again

#7

Post by robertlagrant » Thu, Dec 07, 2023, 2:46 PM UTC

toomuchtodo wrote: post #4

Eumenes wrote: post #3

Time to stock up on lifepo4 batteries.

Time to ramp utility scale energy storage. Make batteries while the inputs are cheap. https://www.pcienergysolutions.com/2022/04/27/how-quickly-ca... https://www.iea.org/energy-system/electricity/grid-scale-sto... https://insideevs.com/news/692788/tesla-battery-energy-stora... (edit: as the cost of renewables approaches sub $0.01/kwh wholesale, storage/transmission/distribution become the primary costs of energy)

Just need to buy a billion battery chargers now and plug them in.

Re: Lithium “shortage” bubble implodes again

#8

Post by grecy » Thu, Dec 07, 2023, 2:49 PM UTC

This is fantastic news, and means the price of EVs and large utility scale batteries will continue to fall much faster than anyone predicted.

Re: Lithium “shortage” bubble implodes again

#9

Post by mysterydip » Thu, Dec 07, 2023, 2:49 PM UTC

blueflow wrote: post #2

> CNY per tonne I somewhat expected USD but i'm not surprised. Times change.

Looks like that's because it's trading in Shanghai.

Re: Lithium “shortage” bubble implodes again

#10

Post by dylan604 » Thu, Dec 07, 2023, 2:50 PM UTC

Eumenes wrote: post #6

toomuchtodo wrote: post #4

Earlier quoted context omitted.

Time to ramp utility scale energy storage. Make batteries while the inputs are cheap. https://www.pcienergysolutions.com/2022/04/27/how-quickly-ca... https://www.iea.org/energy-system/electricity/grid-scale-sto... https://insideevs.com/news/692788/tesla-battery-energy-stora... (edit: as the cost of renewables approaches sub $0.01/kwh wholesale, storage/transmission/distribution become the primary costs of energy)

How challenging is it to DIY your own lithium battery packs?

How good are you at putting out fire that doesn't mind getting wet?