What will happen when the population inGermany realises that...

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lithium2021

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09/12/22

19:21

Post #: 65249628
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Originally posted by ShareStock2021: ↑

Lithium price 2023
https://www.ig.com/en-ch/news-and-trade-ideas/lithium-price-2023--are-goldman-sachs-and-credit-suisse-misguide-221123

Quotes: "It appears the expected Chinese slowdown — a country where one in three new cars is now an EV — is yet to materialise. And with lithium mines requiring circa 10 years to begin producing, the lithium price could surge yet higher in 2023."

"On the supply side, weak output in China’s Salt Lake systems as a result of poor weather, lockdowns, and power cuts, has increased demand further for Australian lithium."

"Meanwhile, the USA’s Inflation Reduction Act has increased EV tax credits to $7,500 on qualified vehicles through 2032, and the country is building 500,000 EV charges amid a $3.1 billion plan to boost domestic battery production. Half of all new cars sold in the US are set to be electric by 2030, with similarly ambitious plans in place across the western world.""In the Global Electric Vehicle Outlook report, published by the International Energy Agency, EV sales doubled in 2021 to a record 6.6 million. And global sales in 2022 are set to improv eon this figure."

"Most importantly, Sociedad Química y Minera (SQM), the second-largest lithium producer in the world, has given its vote of confidence that the lithium bull market will continue. After quadrupling sales to $2.95 billion and seeing net profit rise tenfold to $1.1 billion in Q3, it expects global lithium demand to rise by at least 40%, far above increase of supply."

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What will happen when the population inGermany realises that there is not enough electricity?

That e-cars can no longer be charged orthat they will even be banned? Not to mention e-driving bans.

In the coming winter there willcertainly be more frequent electricity warnings, which will increaseconcerns.

And geothermal energy will contributenothing to the electricity mix, look at the percentage in the graph:0.0%!

https://www.unendlich-viel-energie.de/media/image/63941.AEE_Strommix_Deutschland_2021_Mrz22_72dpi.jpg

Germans will not be longer taken forfools ...

VUL Price at posting: $6.79 Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

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