With Global EV penetration set to snowball, many say to about 25%(+) over the next 10 years :-o
...Every 1% increase equates to a added LCE requirement of roughly 70kT.
This crazy number is up around 40% of the previous total annual supply!!! (175kT)
We all know there is also huge demand (growth) coming from the rise of fixed storage, too.
A mobile phone battery might only use about 6g of LCE, but, these bigger batteries....
The future is bright, the future, is GXY.
PS- Is it too late to sell calendars (featuring HC artwork, of 'festive tony sailing the lithium haul to china'), to steam ahead and really get our other resources online ASAP. Happy 2016 to all holders. Who knows where 2017 will take us!
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