Interesting post Dutch... with all the focus here on the Congo source, I found this even more interesting. Chile may have the biggest reserves but Aus has the greatest production.
So VW looks to buy largely from Aus - until the reserves are depleted.
Yet there are more unassessed reserves and with increasing exploration and development the scope for Aus could be much bigger.
The Chilean reserves, along w. Argentina and Bolivia are largely brine based and so, as LiCO3, are less well-suited to battery storage for EVs until the tech develops further. Congo is an unstable economy and political region - we have the box seat IMO.
The goal of eliminating Cobalt from the electrode is concerning. We have a strong focus on Co here with Congo having the largest reserves and Aus No.2
https://www.statista.com/statistics/264930/global-cobalt-reserves/ cheers, Scott.
