Well, I can't get a hold of what Ms Cook actually said, but whoever wrote that article is an absolute moron, and certainly got the numbers all mixed up.
Two examples: 1: "Between 2025 and 2035, lithium production across Africa is projected to increase by a staggering 127 percent, driven by new mines in Zimbabwe, Mali, Ethiopia and Namibia. Cook highlighted that against that backdrop Africa’s share of global lithium supply will surge from a small fraction today to around 80 percent by 2030"
In order for the supply to grow by 127%, to get to 80% of global supply, it must start at 35.3%. (35.3 x 1.27 + 35.3= 80). So, that means Africa's share of global lithium supply will surge from a small fraction today - 35.3% ??? small fraction?
2: But this tops the cake: "This potential dominance could come with price advantages too. African lithium projects often have lower upfront costs compared to Australia because of their lower grades "
Ahh! Lower grade is cheaper. That is an advantage???
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