A. 1000 million cars and trucks in world
B. Say half cars and trucks are electric in 5 yrs
C. 500m cars by 50kg Li plus 50m truck by 500kg lith
Equals 25000m tonne Li for car and 12500tonne Li for truck
D. Need around 40m tonne lithium in 5 yrs
E. Currently world makes less than 1 million tonne Li per year
F. Bit of a short fall in lithium, if u expect half cars and trucks to be lithium, no other tech beats lithium batteries, charge time and range of batteries now acceptable and with tech like nano graphemes in batts we could see 60sec charge etc so I’m. Bull on lithium
G. Agy can extract bat grade Li from brine, we have plenty of lithium and a record of fast track and expansion ... did I mention I’m a lithium bull despite Morgan Stanley reports or “peak lithium” news items ?
Dyor
AGY Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)