Lithium shortage, page-5

A business-man who wants to talk down the cost of one of his primary feed-stock requirements, to his industrial process, not unusual really...

The fact is, it could double in price, and only add $200 or so to the overall price of the battery pack. Hardly a show-stopper.

2% of volume of an entire battery pack is quite a lot of Lithium. You're talking a number of kilos of LCE per battery (maybe 4kg - 8kg). This starts adding up fast. I think they use about 15-20kg of Graphite alone also. (Not that I invest in graphite).

Saying there are no supply issues with LCE is disingenuous at best. It may be common in the Earth's crust, but there are still exploration requirements, mining requirements, processing requirements. None of that is 'free'.

The supply issues will become evident soon over the next few years, as so many EV car manufacturers are now jumping on the band-wagon. BYD/GM/Toyota/Nissan/Mitsubishi, even Subaru, not to mention a myriad of strangely named Chinese manufacturers like Geely. None want to be left behind, as they will face brand destruction otherwise, they have to offer a hybrid / EV pathway, even if they're not keen on going there. The Chinese inner-cities are now basically demanding it. Keep in mind the existing demand on Lithium in all industry spaces, and it already faces deficits. These are not solved overnight by not building the mining capability.