Li-related News/Articles/Reports, page-213

I found a good article, written by Jack Lifton, and please view that picture

https://investorintel.com/markets/technology-metals/technology-metals-intel/why-lithium-and-rare-earths-are-truly-a-bull-market-and-the-ev-transition-is-just-bull/

These remarkable numbers give me an example of what happens, if we don't all increase capacity soon outside of china:

"In 2025 China will probably have sufficient lithium supplies to make (the equivalent of) 8,000,000 Tesla Model 3s, the entire rest of the world will have just enough to make 5,000,000. The Ford Motor Company has already said that it will have 40% of its 2025 production as BEVs. That’s about one million cars in America and another million in China.

VW, Toyota, Honda, Daimler, Renault-Nissan, and Hyundai made 55 million cars/trucks outside of China in 2020.They will at most be able to make 7,000,000 BEVs, in 2025, if China will supply the batteries and rare earth permanent magnets for 3 million of those not made and/or distributed in China.

The only way the non-Chinese OEM automotive manufacturers can survive will be by making lots of ICEs and hoping that the price of fossil fuel hasn’t climbed so high that non-elites can still afford it.

In the meantime and for probably the rest of this decade lithium is a bull market; the rare earths are a bull market; and the EV transition is just bull."