Roskill becoming more bullish (source)
'Automotive applications accounted for over 70% of total lithium-ion battery shipments in 2018, compared to just 43% in 2015 and 6% in 2010. The growth in automotive applications is forecast to maintain a rapid pace, with shipments increasing by in excess of 30%py through to 2030.'
Mine expansion at between 10-20%. EV sales last two years grew at 60%. Lithium sector vastly underfunded to keep up.
Benchmark meetings with senators prompts introduction of a bill linking the mineral supply chain to national security. (source)
'U.S. Sens. Lisa Murkowski, R-Alaska, Joe Manchin, D-W.Va., Martha McSally, R-Ariz., and Dan Sullivan, R-Alaska, yesterday introduced bipartisan legislation that takes a comprehensive approach to begin reducing the United States’ dependence on foreign minerals. Murkowski made the announcement about S. 1317, the American Mineral Security Act, yesterday morning while delivering remarks at the Benchmark Minerals Summit.'
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