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7.4¢ lake resources n.l.

New York Presentation and Professional Approach, page-8

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brunk

1,070 Posts.

100

08/05/19

11:11

Post #: 38463278
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Originally posted by gassed: ↑

Leading electric vehicle (EV) manufacturer Tesla has warned a global shortage of battery minerals could be on the horizon due to underinvestment in the mining sector, according to sources at a closed-door mining conference in Washington, United States.
Two unnamed sources at the event told Reuters that Tesla global supply manager for battery metals Sarah Maryssael forecasted looming supply challenges for the metal components used to make EV batteries, which include nickel, copper, lithium and cobalt.
Ms Maryssael also reportedly said prices for these key metals could increase exponentially as a consequence of the supply constraints.A Tesla spokesperson later said Ms Maryssael’s comments were industry-specific and referred to a long-term expectation rather than an immediate consequence.
Tesla’s views have aligned with previous projections made by manufacturers including Ford, Toyota and BMW, which have called for the automotive industry to invest directly in battery metals mines to ensure supply over the next three to five years.

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:Like no one saw a lithium shortage coming?

LKE Price at posting: 5.5¢ Sentiment: Hold Disclosure: Held
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Last 7.4¢		Change -0.004(5.13%)		Mkt cap ! $120.1M

Open	High	Low	Value	Volume
7.8¢	7.8¢	7.0¢	$1.583M	21.40M

Buyers (Bids)

No.	Vol.	Price($)
6	105466	7.3¢

Sellers (Offers)

Price($)	Vol.	No.
7.5¢	1607124	8

View Market Depth

No.	Vol.	Price($)
7	155466	0.073
8	807276	0.072
10	1454806	0.071
18	1285257	0.070
6	410255	0.069

Price($)	Vol.	No.
0.075	1607124	8
0.076	251312	4
0.077	539596	7
0.078	954542	10
0.079	441379	5

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