' The Road to 20 ', page-332

We all want the same thing. So let's just enjoy it I for one like these pull backs from highs because then I can see it go up all over again! And hopefully always by a little more than the last time.

NEVs (new energy vehicles) will take the world by storm. That is irrefutable, even if it's only driven by Chinese and Indian demand we are talking millions upon millions of battery packs. Right now personal electronic devices are the largest market for lithium, and they are tiny...


Adding to this ICE vehicles account for 25% of pollution in Chinese cities. The people will rise up if they keep dieing from smog. Have you seen the pictures of smog in Beijing, Shanghai, Guangzhou, Chengdu?

There will be no disruptive technology for at least 10 years so lithium is here to stay. Chemistry may change but companies don't build plants to make something one way to only retool and change it in a couple of years. They build for the next decade. Especially factories costing 500m to 1bn.

This is ground zero (maybe that was last year) but still. You get the picture.

Enjoy,
Not so Risky