LOL! Thanks man 💯

You can't be calling dollarydoos gold; you have to leave room above for Loonies, Simoleons, Euros, and Pounds. AUD would land at maybe pig iron.

Only Groats are accepted as Legal Tender.

🤠🙌

😊

🙌🎯

We? I got no bullions in my money sack.

I agree! Brazil is promising

Great comment thanks!

AI analysis of geologic survey data isn't a new thing though, so you shouldn't expect anything revolutionary there.

Maybe not better, but certainly more digestible. I actually learn stuff here. 😁 White papers? Gobbledygook.

Thanks for the support man and the kind words!

Thanks! 😀

lol, yeah, it is niche topic for sure 😁 And thanks!

😁💯

Unfortunately, "should" has no meaning. "I should lose weight" probably means, "I ain't gonna."

What if… as with attribution marketing for sale of products you were able to make a link to jobs at Tesla or other EV companies in related departments the video dives into? Then channel gets recruiters rewards for the referral? “Has this video inspired to you? Do to want to participate in the next phase of xxxxx expansion in the space click the link below to see roles for people in this area of research and development“

@thelimitingfactor Elon might go for it, if it took place on HIS platform. XXX

Tesla probably already has their own consultants they hire, and unless there's good news they gain nothing from making this kinda stuff public. Basically Tesla or any company for that mather has nothing to gain from supporting unbiased in depth analisys of the market since that makes it harder to create hype.

Sure thing! 🤠

Thanks man!

Thanks 😁

Lol, the highest of compliments

🤣🙏

Thanks for the insight!

Thanks! I haven't done a deep dive there. If it's clay, then it's less than it's a big wildcard. Basically, I mostly ignore lithium tech and battery tech companies until they stop hemmoraging money. Lots of B.S. out there.

Thanks for the support!

Glad to hear it! 🤠🔥

Thanks for watching man! Yes, it probably would have been worth covering Brazil and Peru. But, if it is of some comfort, they were included in the overall forecast. 🤜🤛

Elon's comment had to do with child labor and extreme safety/human rights issues with mines in Africa. Nothing to do with permitting or working conditions in North America.

I looked at it a few years ago and it looked promising, but I haven't looked at it since. And thanks!

@robbieb8274 Russia and China won't save my country. We are running out of gas, and the only way I see for lithium to get enough traction is if we could make all the aggregated value from it which is if we produced end products with it: batteries. Taking the lithium from the salt flats in Uyuni or Coipasa would give us some money, but China and Russia are not in their best shape right now. Post pandemic conomical crisis is hitting hard, Russia wasted their resources invading Ukraine, Chinese company Evergrande has gone bankrupt which means another immobiliary crisis may be coming... ugh, the wole world seems to be not so good, and I don't know how prepared my poor 3rd world country is for whatever will happen.

My view counts don't support 5 to 6 digits. And your most welcome!

@@thelimitingfactor I know, I meant some of the industry-guys who might watch your vids could easily donate that amount :-)

​@@thelimitingfactor4digits❤

@@thelimitingfactor "your" coming from you. Please.

Not if prices have dropped by the time the expansion occurs.

Those expansions are all taken into account by the forecasts. As for DLE, my understanding is that the lithium concentration is much lower in other sources. That means, it's going to be much harder to make it commercially viable than from the South American brines

More Tesla‘s competition.

One of the exec's did say I should work for them, but I belong to the world, lol

@@thelimitingfactor ha!

@@thelimitingfactor Whereas, I would sell my Frunk to Tesla in a heartbeat - if I had one.

Great input, thanks!

But there's expected to be a glut in the next couple of years. By the time they get the mine up and running, the prices will probably be lower and even more mines would mean even lower prices. That is, better just to expand at a new mine that will come online mid to long term.

It depends on your definition of materially. See my other video Tesla: Battery Material Strategies

😁🙌

No, they need to look after ROIC over the life of the mine, and it takes years to build capacity... Better to open new mines.

@@thelimitingfactor Yeah, for sure. It's also much easier on local economies... the hotter burning the mine, the more it overwhelms the economies of nearby rural communities with it's overwhelming scale followed by a sudden collapse in its absence.

Thanks! 15k tonnes is peanuts compared to what's needed and as we saw in the video - reserves are neither here nor there - the hold up is funding and regulation. If it were just about the reserves, SA should be outproducing OZ. Lithium is one of the most common elements.

Thanks for reminding me! I appreciate it

Haven't looked at in a while

I really appreciate comments and insights like this! 💯

In my conversations with people that are actually in the industry of employing DLE, they disagree. These are people who have an incentive to exaggerate rather than downplay. So, I'm operating off the most bullish information that's rational

Thanks man! No, a kilowatt hour is a kilowatt hour. The only thing that changes with energy density is the amount of dead weight, not the amount of lithium. Voltage improves that, but only by a few percent and for lower energy density chemistries

@@thelimitingfactor thanks for the clarification! Even with solid state, or lithium air, or other non standard lithium chemestry, the relation between lithium and energy is somewhat constant?

Thanks! That was covered in other parts of the full video. Also, by the time the existing mines scale, there will likely be a glut. And they also need to open up new resources anyways...so may as well expand at new mines. They have to look after ROIC over the life of the mine.

Next! 🤠

I do one every quarter

Probably worth watching the whole video, this is just a chunk. (such as the last video on forecasting) No indication of an oversupply or one on the horizon.

Deadly fuels? 😂😂

That would be amazing But it looks like the deep sea stuff keeps hitting snags and they just had another 2-year extension for a decision

Lithium brine in the Salton Sea has been on going for far too many years, way back when Tesla offered to buy out Simbol in 2016 for their DLE work - only to file bankruptcy in the same year. CTR (Australian) has had joint ventures with GM, now they got one with Stellantis - it just never ends. This DLE high school science experiment has gone on far too long and it's no wonder the largest lithium miners today don't touch it.

@@blee7650 Seems so, but lots of things don't work for decades then suddenly work. Sounds like Stellantis has basically chosen them as their supplier. Staging date for 25K tonnes production is 2025, we'll see!

@@JohnboyCollins Well certainly that's not a method of investing if you ask me. The big auto makers are in trouble and Tesla is truly disrupting the auto space. Why don't those GM/Ford/Stellantis shareholders asking why they're going into the battery making business? An industry entirely unrelated to auto manufacturing. I'll tell you why - it's because they have no idea what they are doing. I mean Stellantis has to be real desperate to knock on CTR's door when GM had lithium supply contracts with the company many years prior.

Depends on how sodium advances and picks up the slack 🤠 But, I think it's supposed to be like the mid to late 2030s

I've covered this in the full video. The short story is, don't hold your breath.

@@thelimitingfactor Researchers are on notice you don't have "years" to get to market anymore. It's months. I believe we will see at least 3 new types of batteries per year for the next decade. Not all of them will be for cars some will just be for grid storage but they will happen.

The permitting has to happen before the speed of extraction increases. I'm not sure what you mean by inventory because they don't keep much inventory. That's because what they produce has a low concentration of lithium so it has a high bulk.

That's refining

@@thelimitingfactor ohh, ok, 👍 👌 🙆‍♂️

I'm Researching...❤

I hope so!

As I think I mentinoed in the video, they also optimize for efficiency. They take into account every factor when designing a mine. It's not always double input = double output. Overall, they have to look at the ROIC of the mine over time. The mining industry is super conservative. So, we can easily handwave and say they "can" do something. But will they? No Tesla could help, but are they so far? Not really

@@thelimitingfactor Tesla solves bottlenecks in order of urgency. When they planned the Model 3 they realized that they'd need more cells than the entire global supply, so they built the first gigafactory in Nevada and convinced Panasonic to build cells there. The latter part wasn't easy, because the Japanese are very conservative too. The next bottleneck was nickel. I guess that's solved, because Elon no longer talks about it. LFP batteries likely helped a lot too. The current bottleneck is lithium refining. So Tesla is building a large refinery and a cathode plant. So based on this track record, I'm pretty sure Tesla will deal with lithium mining too, when it becomes the bottleneck. Elon said years ago that they'll get into lithium mining if necessary. They have a site in Nevada, and knowing Elon I'm sure they are already doing the permitting to be ready if needed. And they can always partner with a mine, or buy it out if necessary. Tesla can afford it easily, and then accelerate and optimize extraction as they do with everything else. They have some experience with the Boring Company. They could also pull a similar trick they did with Giga Berlin. They found a site that was already considered for a car factory, and had years of environmental studies already done. Or how they bought the entire Fremont factory for pennies. Maybe there's a deposit that was considered but abandoned after most of the paperwork was already done. I don't know if something like this is possible, I know almost nothing about mining.

@@andrasbiro3007 That's still building an entirely new mine though, and with the kind of price hike we're seeing in Lithium I doubt mining companies are leaving any stones unturned. Batteries and car factories were different because the demand didn't already exist and specifically with cars that market was already saturated so it wasn't odd that there were abandoned projects laying around.

@@hedgehog3180 Exactly because prices only exploded recently, the economy of mining changed completely, so there could be abandoned projects that may worth revisiting. Large corporations often don't work logically, because employees don't care much about the company's goals, they only care about not being fired and hopefully getting promoted. Initiative and risk taking are generally bad for your career. Even if it works out, someone may get jealous of your success, and get you fired. This doesn't apply to Tesla though, that's why they are running circles around the competition.

As I said in this video and the last video, it's not about reserves, it's about building the capacity When does Iran plan to have two tera watt hours worth of lithium supply online?

Assuming no sanctions also seems optimistic, there's no indication that the US is going to return to the negotiating table.

Nope, it looks like that fell through

I did it just to spite you, because I hate humanity, and I want them to suffer Or possibly because I'm just human and it was an oversight. I never understand why people need to phrase things like dick heads.

No, I'll cover this in the next couple of videos. It just means like a 20 to 40% growth rate rather than 50% growth rate

epic, i am looking forward to it. You're a fundamental part of the TSLA community, hope to follow you till this word gets fixed a battery at the time! @@thelimitingfactor

Hello! I didn't miss it, I lef it it. That's because it's unlikely to happen this decade in any big way, and because mining in such a sensitive environmental area is fraught.

In regards to? Transport of raw materials?

@@TheEvilmooseofdoom my thinking is in exploration & extraction of lithium minerals (at speed)

It wouldn't really help accelerate things. The boring company could help with mining, but most of the issue is in the permitting and exploration

@@thelimitingfactor Thanks a lot! I was wondering if the speed at which that thing is supposed to be tunneling could be interesting for exploration already.

@@percurious Exploration isn't done with tunnel drills, it's done with core samplers.

That's abstract

@@thelimitingfactor or are they already working 3 shifts too keep the machines working 24/7 ?

That was included

Covered in the last video. Should be linked in the description In my opinion it's that they need refining in the US and want to build a separate supply chain from China

You didn't pay attention to the last section on 'other' 50 kilotons is small potatoes. Roughly 3% of global supply in 2025.

Thanks for taking the time to answer@@thelimitingfactor. I obviously don't understand the numbers. In the section on 'South American Lithium Brines' you said that Chile and Argentina have between them 'by far the largest reserves in the world' of about 12 million tonnes. But Bolivia alone has 23 million? In the 'other' section it mentions 2.7 million tonnes of total reserves which are mostly in Africa. I don't see how Bolivia could be included in with that? I know that Bolivia has historically done nothing with their deposits, but they need the money asap and there won't be 2 year delays for permits. They have a stated aim of supplying 40% of world production by 2030 and have this year signed 3 contracts, each for a 50kt/yr factory/mine. Presumably there will be more to come. What am I missing? While I don't expect them to hit their targets, I do expect a major contribution starting later in the decade.

Says the person from the sidelines

@@thelimitingfactor (batteries are cheap and fast charging )

@@thelimitingfactor (solar and batteries are a lot faster -and more efficient than pumpnig oil through refineries )

@@thelimitingfactor * (machines and explosives made mining easy )

Yes

@@thelimitingfactor ok, good. .. Will the absence of Federal funding for the EV industry reduce PAC donations to elected officeholders?

I did, just not to your satisfaction, lol

That's a stretch, but thanks for commenting, you've probably helped the channel more than 90% of the people who watched the video

Sure thing!

Sure thing!

Sure thing Cathy!