"With a content of 36 kg lithium on average, this results in a...

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lunatec

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132

09/06/22

15:12

Post #: 61921207
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Originally posted by TheOldGuy: ↑

Good morning from Germany!

There are 66.9 million passenger cars in Germany and 325 million in the EU as a whole.

From 2035, no more passenger cars with internal combustion engines will be registered.

With a content of 36 kg lithium on average, this results in a demand of 11.7 million tons of lithium.

Worldwide, there were 1.3 billion passenger cars in 2015, which would mean a demand of 46.8 million tons of LCE.

In 2021, a peak of 100,000 tons of lithium was produced. Let's say the production increases every year by 30% - then in 4 years we would have a production of 275,000 tons of LCE.

Most explorers will not be ready to contribute significantly to production before 2025.

So I ask : "Where the heck is the overproduction going to come from?".

Here it is again clear to me that hardly any investor thinks about facts, but follow these colorful papers,
that are paid by someone, for the intentions of someone.

As I have already written, banks are very rarely invested in lithium.
All experts from the raw materials sector come to completely different estimates, as far as demand and production are concerned.
Who to believe? For me, unequivocally.

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"With a content of 36 kg lithium on average, this results in a demand of 11.7 million tons of lithium."

Are you sure about that? See below.. I think a 60kWh BEV would have approximately 6kg of LCE..

AKE Price at posting: $11.29 Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

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