"The nice thing about Lithium is that it’s extremely abundant on Earth, Lithium is the third most common element in the universe. The reason we don’t have free hydrogen available is because it is bound up in water." - Elon
Yes, Lithium is extremely abundant and the same could be said for water. But only 2.5% of the earth's water is fresh water.
Abundance isn't what is important. More importantly, what percentage can be mined and refined economically?
"The nice thing about Lithium is that it’s extremely abundant on...
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Last
$1.55 |
Change
0.025(1.64%) |
Mkt cap ! $4.987B | |||
| Open | High | Low | Value | Volume |
| $1.56 | $1.63 | $1.54 | $83.75M | 53.22M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7000 | $1.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.56 | 134522 | 1 |
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| Last trade - 16.16pm 11/07/2025 (20 minute delay) ? |
| PLS (ASX) Chart |