Earlier quoted context omitted.
It’s very likely to go the way of oil. EV demand has slowed down recently (honestly I don’t believe the world is ready for mass adoption and EVs themselves are not ready also), so we’ll keep finding more and more and always beyond the consumption.
I hate the weasel words of "demands slowing down". It's always not clear what exactly is happening from this phrase. Is the production or sales going down year-over-year or quarter-over-quarter? Because that's what people think "demand slowing down" means. However what's actually happening is that demand is going up, but at a rate slower than before. Imagine that in 2022 demand increased by 60% YoY but in 2023 demand…
Thailand discovers nearly 15M tonnes of lithium
191–200 of 311 posts
Re: Thailand discovers nearly 15M tonnes of lithium
#192Earlier quoted context omitted.
Not taking the extreme and unprecedented rate of temperature change into account is either ignorance or disingenuity. https://xkcd.com/1732/ It's probable that very few species will be able to adapt to such an abrupt change.
The rate at which the temperature is changing is probably at historic highs, but both the current temperature and atmospheric CO2 concentrations are close to historic lows. See [1], that xkcd is picking a really biased starting point by using the last ice age as a baseline. Ice ages themselves being extreme abnormalities from the general historic trend. 1. https://www.researchgate.net/figure/Global-Temperature-and-C.…
Re: Thailand discovers nearly 15M tonnes of lithium
#193Looks like existing worldwide reserves are 26M tons [0], so this is a big find. [0] https://pubs.usgs.gov/periodicals/mcs2023/mcs2023-lithium.pd...
This likely doesn't mean a straightforward +15M tons to the world's supply.
Re: Thailand discovers nearly 15M tonnes of lithium
#194Earlier quoted context omitted.
An EV doesn't have 50 kg of lithium. The 70 kWh battery in my Tesla S has about 12 kg of lithium.
Hmm the the first source I found said 60 kg but now found others saying a lot less like only 6 kg. https://electrek.co/2016/11/01/breakdown-raw-materials-tesla... https://elements.visualcapitalist.com/the-key-minerals-in-an...
It originated from a Goldman report and they used it because lithium carbonate is what's traded.
Re: Thailand discovers nearly 15M tonnes of lithium
#195Looks like existing worldwide reserves are 26M tons [0], so this is a big find. [0] https://pubs.usgs.gov/periodicals/mcs2023/mcs2023-lithium.pd...
I think that true global reserves are much higher than what we know now. Before, Lithium was important, but not nearly in the quantities needed for EV's. Now that EV's have picked up, more people will be looking for Lithium, and that will make all the difference.
Re: Thailand discovers nearly 15M tonnes of lithium
#196Earlier quoted context omitted.
Production is not the same as existence
This is a very common misconception. Production is all that matters and existence is completely irrelevant independently. Production factors in existence and future expected existence. For example if any oil rich nation thinks oil going to run out they will hoard it for future so they can make money. But some get pedantic and ask "But isnt number of Oil molecules in earth finite?" Such pedantism can be easily blowm a…
Re: Thailand discovers nearly 15M tonnes of lithium
#197Re: Thailand discovers nearly 15M tonnes of lithium
#198Oil is the standard example. I forgot what the exact peak oil production years were supposed to be, but they went something like this: In 1880 peak oil was expected to be 1910. In 1910 it was 1940. In 1940 it became 1970. Etc. Basically we kept finding more and more as technology and practical prospecting experience advanced.
Re: Thailand discovers nearly 15M tonnes of lithium
#199The cultural significance of the resource wars in the middle east has been immense. I wonder if the modern imperial powers will wage new wars for resources in east Asia in the future.
Re: Thailand discovers nearly 15M tonnes of lithium
#200Earlier quoted context omitted.
The 2019 Bolivian political crisis [1] came right off the heels of Evo Morales negotiating lithium trade with Russia and China. Bolivia happens to have the largest lithium reserves of any nation. [1] https://en.m.wikipedia.org/wiki/2019_Bolivian_political_cris...
Good context, but not a geopolitical crisis, it was an internal civil conflict.
Do you think clandestine services pursue their goals by declaring war on countries?