Lithium Outlook 2022: Bracing for the Next Big Shortage
If you haven't started panicking already, now might be a good time. A huge portion of the economy is digging itself into a hole that it will never climb out of.
While the world’s leaders are busy boosting morale with their green energy promises, they are conveniently ignoring the trillion-ton elephant in the room: Carbon-free power and gasoline-free transportation cannot exist without mining an absurd amount of lithium.
Right now, production is not even close to keeping up. We simply aren’t pulling enough lithium out of the ground to match the projected demand.
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