ORE Chart, page-727

That report is based on a 2-degree-scenario, doesn't address actual demand growth and reputable forecasts of EV and ESS growth, and imo is nonsense when you do a little basic maths yourself.

'For example, do you believe that essentially all new cars sold will be EVs by 2050? Who doesn't?

So, do the maths on 100% EV penetration, compared to today's numbers (2.5%) and current Li demand, and "500%" is laughable.
Approaching 100% EVs alone will push total Li demand out to circa 2000% from current levels (20-fold), then add ESS and other battery applications.
5-fold total by 2050? Meh.

Whoever is running numbers at the world bank has a broken calculator or another agenda imo.

Cheers