No, watch the video. His point is that lithium only represents 2% of the value of an EV. So the thesis is the car manufacturers will pay whatever they have to to get it. As such a small % of the total cost, it can increase dramatically without jeopardizing the tech.
Personally I'm not convinced it will happen, and I wouldn't rely on it when doing valuations/making buying decisions. I won't complain if it does.
Good idea regarding the thread @bugeye23. It's good to keep these discussions separate.
Lithium Related News, page-3
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| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $1.108K | 342.6K |
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| No. | Vol. | Price($) |
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| 45 | 44547913 | 0.3¢ |
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| Last trade - 15.46pm 27/05/2024 (20 minute delay) ? |
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