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Gbone9

379 Posts.

42

08/10/21

11:13

Post #: 56655908
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Originally posted by Buggo90 ↑

Interesting comment from Mr Musk this morning:

Elon Musk told Tesla’s annual meeting this morning that the electric vehicle maker doesn’t envisage any lithium supply shortages.“Lithium is extremely plentiful. It’s one of the most plentiful things on earth, it’s not rare at all,” he said. “There’s lithium everywhere, so that’s not an issue. Also, lithium is maybe only one or two per cent of the [battery] cell.“So the actual thing that matters is the cathode. Our long range vehicles use a nickel-based cathode, some people think it’s a cobalt-based cathode, no, cobalt is used in phones and laptops, we use nickel because it’s higher energy density for our long range vehicles. But for standard range vehicles and our stationary storage, I think all of that will move to ion cathodes. Ion is also extremely plentiful, nickel is not rare, but there’s 10 to 100 times more ion than there’s nickel...I think the vast majority of batteries in the future will be ion-based, so I do not see any shortages.”

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he’s a smart bloke no doubt, but when it comes to mining he is very out of touch

PLS Price at posting: $2.03 Sentiment: Buy Disclosure: Held
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Last $2.85		Change -0.120(4.04%)		Mkt cap ! $8.671B

Open	High	Low	Value	Volume
$2.86	$2.91	$2.84	$33.92M	11.80M

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No.	Vol.	Price($)
95	442221	$2.85

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Price($)	Vol.	No.
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No.	Vol.	Price($)
67	321849	2.850
49	427516	2.840
31	224057	2.830
31	356707	2.820
31	212753	2.810

Price($)	Vol.	No.
2.860	335987	74
2.870	177301	29
2.880	230532	19
2.890	301671	23
2.900	234625	22

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