During 2020, no rubidium supply was reported... if it was in demand people would be buying it!
estimated 2,000kgs per year..Wow that is so much! 2 tonnes!!! Yipppeee! Does that sound like huge demand?
Theres a few uses for it but because of the cost they tend to use cesium (ceasium) instead in most applications... So if you want to argue about the fact they are making caesium as well you can.. But I don't really see that much demand for it (rubidium)... You put that in water and its practically a bomb.. it explodes.. same can be said for Caesium.
Caesium though is highly hazardous.. It has uses for sure but its friggen dangerous to humans.. and how do you dispose of it? I think that whats needed to store and transport Caesium and Rubidium makes it a pretty expensive task and its highly dangerous. I jumped on this stock because I believed in the whole green future of what they were trying to do.. but theres clearly chemicals they can extract that have uses but cannot be recycled and a bitch to store and transport.. I'm not excited about Rubidium or caesium at all.
As for Lithium while right now it is in high demand but Hydrogen will probably end up replacing it..though it is suggested that hydrogen and lithium will work in tandem in future cars.. Hydrogen cars can travel longer distances and they take way less time to charge/fuel than EVs but right now the cost of hydrogen fuel is expensive.
Here in Australia it was just announced the a hydrogen power plant would be coming to central Queensland. I think Lithium demand could decrease.. especially considering hydrogen is the most abundant element on earth. Now they have developed green processes and it fits in with most countries plans to reduce emissions and fight climate change. Another reason why I'm pretty sceptical of not just this stock but lithium stocks in general.
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