Lithium “shortage” bubble implodes again • Hacker News Board

Re: Lithium “shortage” bubble implodes again

#21

Post by jasonjayr » Thu, Dec 07, 2023, 2:57 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?

Check out this discussion from yesterday from just such an effort, regarding the challenges + severe dangers involved:

https://news.ycombinator.com/item?id=38541441

Re: Lithium “shortage” bubble implodes again

#22

Post by ceejayoz » Thu, Dec 07, 2023, 2:57 PM UTC

barney54 wrote: post #16

Where is the data on lithium production surging? It isn’t in the article, only future projects (they may or may not work.)

https://www.statista.com/statistics/606684/world-production-... shows a significant surge starting in 2017.

https://www.visualcapitalist.com/visualizing-25-years-of-lit... has a per-country visualization of it; look like Australia has a big share of the increase.

Re: Lithium “shortage” bubble implodes again

#23

Post by passwordoops » Thu, Dec 07, 2023, 2:59 PM UTC

TomK32 wrote: post #14

Clickbaiting heading. The price is still 300% compared to the low in August 2020.

And it's back to where it was in 2018. Point of the article is commodities fluctuate

Re: Lithium “shortage” bubble implodes again

#24

Post by ceejayoz » Thu, Dec 07, 2023, 3:00 PM UTC

cft wrote: post #11

blueflow wrote: post #2

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

Since the end of the USD as the world reserve currency is imminent, the wisest thing US government can do is promote and favor Bitcoin. It's better to have a world reserve currency that no one controls, than CNY.

Yes, let's run the world economy off a currency that could halve in value if Satoshi Nakamoto finds an old USB drive sitting around somewhere.

Re: Lithium “shortage” bubble implodes again

#25

Post by esotericimpl » Thu, Dec 07, 2023, 3:00 PM UTC

TomK32 wrote: post #14

Clickbaiting heading. The price is still 300% compared to the low in August 2020.

[dead]

Re: Lithium “shortage” bubble implodes again

#26

Post by s1artibartfast » Thu, Dec 07, 2023, 3:00 PM UTC

dylan604 wrote: post #10

Eumenes wrote: post #6

Earlier quoted context omitted.

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?

No need to dissuade people from actually learning and doing things.

It is pretty trivial if you are prepared.

Re: Lithium “shortage” bubble implodes again

#27

Post by speed_spread » Thu, Dec 07, 2023, 3:02 PM UTC

Is it sodium battery tech starting to have an effect?

Re: Lithium “shortage” bubble implodes again

#28

Post by sapiogram » Thu, Dec 07, 2023, 3:03 PM UTC

TomK32 wrote: post #14

Clickbaiting heading. The price is still 300% compared to the low in August 2020.

I don't find it clickbaity at all. I mean, it makes it sound like the price of lithium dropped massively, but isn't that exactly what happened?

Re: Lithium “shortage” bubble implodes again

#29

Post by tiahura » Thu, Dec 07, 2023, 3:03 PM UTC

Eumenes wrote: post #3

Time to stock up on lifepo4 batteries.

12v 100ah was 500 a few years ago. Now under $175 on Amazon.

Re: Lithium “shortage” bubble implodes again

#30

Post by passwordoops » Thu, Dec 07, 2023, 3:05 PM UTC

speed_spread wrote: post #27

Is it sodium battery tech starting to have an effect?

Nope, just good old speculation in the commodities market!