Heres some info for whats to come for lithium, keep in mind a fusion reactor takes a long time to build so most likely will see lithium being purchased prior to that 10 year time frame.
Biden plans to have fusion reactors in 10 years, so i also researched how much lithium is needed to build one and its quite astonishing. So if they plan to do that id say thats why lithium miners started really getting that exploration progressing, its probably more doable now than it was when the article mentioning 50 - 160 years worth of current us lithium production was written, however it is still a sizeable amount as you can see. I can assure you if the US gets a fusion reactor most other countries will go down the same path, so we will need ALOT of lithium and governments will pay, have you ever looked at the budgets for infrastructure, its massive.
Lithium inventories for a 103-GWe generating capacity will require from 400,000 to 1,200,000 metric tons of natural lithium for different power plant designs, which is about 50–160 yr worth of current U.S. lithium production or up to of known U.S. lithium resources.
https://www.sciencedirect.com/science/article/abs/pii/0360544278900300#:~:text=Lithium%20inventories%20for%20a%2010,of%20known%20U.S.%20lithium%20resources.
The Biden administration hopes to create a commercial nuclear fusion facility within 10 years as part of the nation’s transition to clean energy, U.S. Energy Secretary Jennifer Granholm said Monday.
https://www.nbcnews.com/science/science-news/us-aims-create-nuclear-fusion-facility-10-years-energy-chief-says-rcna117340
- Forums
- ASX - By Stock
- SYA
- General Discussion Topics
General Discussion Topics, page-129697
-
-
- There are more pages in this discussion • 14,384 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SYA (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.1¢ |
Change
0.002(6.90%) |
Mkt cap ! $319.0M |
Open | High | Low | Value | Volume |
3.0¢ | 3.3¢ | 3.0¢ | $3.971M | 128.5M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
28 | 15697465 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.2¢ | 594033 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
24 | 9314154 | 0.030 |
29 | 6131864 | 0.029 |
30 | 9171157 | 0.028 |
18 | 4728772 | 0.027 |
20 | 5092438 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.032 | 350700 | 1 |
0.033 | 4135402 | 23 |
0.034 | 5878411 | 20 |
0.035 | 2904820 | 17 |
0.036 | 2397321 | 8 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
Featured News
SYA (ASX) Chart |