- US, EU carmakers staring down barrel of a 725,000tpa lithium deficit by 2030.
- The United States has a lithium supply problem.
- Electric vehicle growth will be responsible for more than 90% of demand for lithium by 2030
- The U.S. is far behind, with only 1% of global lithium being mined and processed in the U.S., according to the USGS.
- The Biden administration released a blueprint for jumpstarting domestic lithium production and refining as well as battery manufacturing, and set a national EV sales goal of 50% by 2030.
- Tesla has publicly said it will prioritise North American lithium supply when looking for offtake deals.
- AZL- location, reserves, mine life, low cost, funded. A couple of hurdles, but Arizona Govt wouldnt issue a grant if they knew the chance of BLM approval wasn't confirmed.
Happy days from here.
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