Macquarie Underperform valuationation on PLS, page-164

I posted this on another thread but i put a typo on the figures, it is probably of more more interest to stick under maccas nose. Typo is fixed on this post.

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At 3 kg raw technical grade LCE per kWh, current global production of some 100,000 tonnes raw LCE would be sufficient, if available, for some 2 million 16 kWh batteries per year, in 2014 total worldwide sales of motor vehicles as in passenger cars totalled 83,000,000 So in 2014 we could of manufactured 2,000,000 passenger cars with 100,000 tonnes of LCE. 81,000,000 still on fossil fuels, 2,000,000 on Lithium ion.

This does not include Trucks, buses and Electric forklifts.

One does not need to be a Rhodes Scholar to work it out.
Current Worldwide LCE production is just over 150,000 tonnes.

To convert 100,000,000 passenger cars to Lithium Battery power would take 5,000,000 metric tonnes to replace the 2018 estimate of worldwide passenger vehicles to Lithium.

For instance, say we want to convert just 5% of vehicles to lithium, with current production it is impossible.

Lithium mining is going to be the biggest boom of all time, wait until legislation starts to kick in to push the uptake of EV.

I hope you enjoy the research, it is 100% fact.