That will never occur. Even if every person in the world owned a EV and we moved entirely to a lithium battery based grid. Do you understand how much iron ore we use to make things?
One of FMG's mines alone produce 40 million tonnes per annum.
The entire supply of lithium currently is 200,000 tonnes.
Ann: Investor Presentation - October 2017, page-38
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Last
3.7¢ |
Change
-0.004(9.76%) |
Mkt cap ! $58.23M | |||
| Open | High | Low | Value | Volume |
| 4.0¢ | 4.0¢ | 3.7¢ | $206.5K | 5.405M |
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| No. | Vol. | Price($) |
|---|---|---|
| 23 | 2004834 | 3.6¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 3.8¢ | 453040 | 5 |
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