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Lithiums not going anywhere soon...."Interest rate pain is a...

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    Lithiums not going anywhere soon
    ...."Interest rate pain is a given.... the market will bottom out...but we will be the first ones off the starters line as we are the "solution for cheaper power" ..with storage/ no need for fuel/ nuclear/ wind/* Green hydrogen and gas in the mix will help reduce inflation.. caused by Russia and covid supply issues
    .Homes prices will flatten/ the building game will lose jobs but homes can't keep going up by 25% in two years unsustainable. Will need to run at 4% rates to control this..share market will be the first to pick up..as we buy into tomorrow's growth plus 12 months.IMO
    NO PAIN NO GAIN

    MORE THAN 300 NEW MINES ARE REQUIRED TO MEET BATTERY DEMAND BY 2035September 2022 Battery raw materials more than 300 new mines could need to be built over the next decade to meet the demand for electric vehicle and energy storage batteries, according to a Benchmark forecast. At least 384 new mines for graphite, lithium, nickel, and cobalt are required to meet demand by 2035, based on average mine sizes in each industry, according to Benchmark. Taking into account the recycling of raw materials, the number is around 336 mines. The data highlights the height of the raw material challenges facing global automakers as they look to scale up the production of electric vehicles this decade. Demand for lithium-ion batteries is set to grow six-fold by 2032, according to Benchmark.
 
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