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  1. 921 Posts.
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    Very good article Rup thank you.


    "The move was a warning to all global car manufacturers: China intends to slowly squeeze the supply of vital EV metals.

    It’s Only A Matter Of Time Until China Tightens Its Fist On Lithium…

    “Right now, if China decided to cut off the U.S… we’re in trouble.”
    –Ben Steinberg, former Obama administration official


    Which is why demand for North American lithium is skyrocketing.

    The United States is projected to need 40x more domestic lithium in six years than it does today.

    And EV manufacturers are quickly realizing that they will need to procure subsidy-safe, non-China lithium for themselves."




    This cannot be underestimated imo, we just have to get through this very difficult period, that's the way I see it personally.





 
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