Hello,
You are only partly right.
You appear not to grasp the transition to an electric world this decade.
The sheer amount of Lithium that is required for the transition will not be matched in any year for this decade and beyond.
Just to give you some perspective.
Annual Lithium production was 2020 less than 85,000 tons.
In 2025 Tesla alone will produce around 5Million electric cars (each require at least 5kg Lithium). If you do the maths ... It is 25,000 tons.
Tesla alone!!!
All Chinese car manufacturers produce at least triple the number of electric vehicles that Tesla produces. All of them using Lithium based batteries.
Some models from Ford/GM and German car manufacturers will also have Lithium batteries.
Electric buses, trucks requiring a multiple of this in Lithium.
Don't even talk about electric boats and planes that are developed. (They need Lithium as it is the lightest metal on the planet.)
Check the comments from Elon and the CEO of PLS. There will be a perpetual deficit.
A lot of people do not grasp the transition ahead.
Good luck to all holders and non-holders.
K
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