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Budfox , Please you have forgotton the major items that will...

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01/03/24

09:12

Post #: 72686230
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Originally posted by Budfox2: ↑

Still seems to be alot of doubters regarding lithium and whether demand will remain or increase.
I keep hearing the same argument, that EVs won't take off etc.
EVs are one thing and I for one can see the demand doesn't look likely to go away. Have a look at real sales. Excess stock doesn't always mean less sales. Rather it might be ramping up production right?
Tony also addresses this in his interview. Lithoum is not only used in EVs.
Demand for its use in everything else has gone bananas.
just about every store you go into has lithium in it.
hardware and jobs items uses alone are huge. Look in the hardware store. Even lawn mowers are going lithium.
home and power storage in general. This is a huge market.
Mobile phones, I think something like 1.17 billion sold last year. All use lithium.
Power tools though, this one has to be huge. Power tool batteries have gone through the roof in cost. Demand for those is not slowing. People have clearly moved away from tools with a cord.
Ceramics and glass, this has an will always be massive. Huge need for it in this sector.
People only need to look around and see for yourself. Lithium doesn't just rely on EVs.
I think it would be good to just walk around and consider this instead of only keeping your heads in your laptops, looking for reasons online to push your fears onto others. Maybe take a step back and look at the laptop itself...that's right no need for a cord...LITHIUM!
Hydrogen cars hahaha who gives a sheet.

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Budfox , Please you have forgotton the major items that will push the demand curve , buses , trucks , ferries , boats , mine haul vehicles ,took tooks etc , demand is not going away

EUR Price at posting: 8.6¢ Sentiment: Buy Disclosure: Held
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