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Lithium stocks that will make it?, page-385

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givemethecash

6,572 Posts.

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18/03/18

20:12

Post #: 31841935
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Originally posted by CaptainBarnacles ↑

Cheers for those links

I've seen the smartphones used as a justification for more electric vehicle sales - however the newer smartphones do a lot more than the older ones. Whereas the EV's are inferior in some ways to petrol burning cars (capital costs, refueling time, and range), and superior in others (cost to fill up), with a slightly unbalanced scorecard for everyday consumers at this stage IMO. I reckon that is a totally misleading attempt to get the market over-excited. A better example for numbers is the transition from incandescent light bulbs to compact flouros before the governments forced the changes. It was far far slower than anticipated! (but rocketed once the government tipped the scales).

I'm sure Gerrit Fuelling is very sharp, but his expertise in is hard rock mining. As an industrial Chemist by background, I really cannot see that SQM has many technical challenges in boosting supply significantly. They are mostly building evaporation ponds in a hurry (and can roll those out incrementally as well) and don't really need many new pumps or wells even, and have an excess of time to expand plant capacity.

All IMO

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Inferior? Check out the tug of war between an ICE muscle car and an EV. These things can pull houses. Why else are diesel trains simply EV with diesel generators producing power to their electric motors. Same as any of the big mining trucks and diggers. Lithium cuts out the middle man - soon a lot of vehicles will all just be battery powered. Here is the video link. Any more questions? https://youtu.be/Ii98Vb5KdIA
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