Food for thought. 250m EV's is only 12.5% of total vehicles by...

Food for thought. 250m EV's is only 12.5% of total vehicles by 2036.
http://www.greencarreports.com/news...-on-worlds-roads-now-2-billion-by-2035-report

120m EV's to consume all of the globes lithium reserves at current high prices. Note, 60% of 13.5mt of lithium reserves is for other industry.

Meaning it is mathematically impossible for the world to produce 250m Li-ion EV at current Li price. Only way is up for Li price.

We will see new tech and we will see lithium at $50k per tonne at the same time to lift the reserves to meet this EV demand.

It's a multi decade boom for lithium.