Why The U.S. Has A Massive Lithium Supply Problem

  Рет қаралды 543,110

CNBC

CNBC

Күн бұрын

The United States has a lithium supply problem. Nearly every major automaker has announced a transition to electric vehicles, Tesla delivered almost one million cars in 2021, and electric vehicle companies like Rivian and Lucid are rolling new models off the line.
In order to power all of these EVs, we will need batteries, lots of them. Electric vehicle growth will be responsible for more than 90% of demand for lithium by 2030, according to Benchmark Mineral Intelligence. But lithium is also in our phones, computers, ceramics, lubricants, pharmaceuticals, and is essential for solar and wind energy storage. This vital mineral in rechargeable batteries has earned the name “white gold” and the rush is on.
But today, the U.S. is far behind, with only 1% of global lithium being mined and processed in the U.S., according to the USGS. More than 80% of the world’s raw lithium is mined in Australia, Chile, and China. And China controls more than half of the world’s lithium processing and refining and has three fourths of the lithium-ion battery megafactories in the world, according to the International Energy Agency. There is only one operating lithium mine in the U.S., Albemarle’s Silver Peak, Nevada.
But that could be changing. Last June, the Biden administration released a blueprint for jumpstarting domestic lithium production and refining as well as battery manufacturing, and set a national EV sales goal of 50% by 2030.
And there are several domestic lithium projects in the works in Nevada, North Carolina, California and Arkansas, to name a few.
Controlled Thermal Resources is developing a lithium project at the Salton Sea in California. Last summer, GM announced a multi-million-dollar investment in Controlled Thermal Resources, and has secured first rights to purchase the domestically produced lithium for its EVs.
Piedmont Lithium wants to revive an old lithium mining area in North Carolina, near Charlotte. Piedmont signed a deal in 2020 to supply Tesla with lithium sourced from its deposits there, but the project has hit delays due to permitting.
Lithium Americas plans an open-pit mine at Thacker Pass, which is located about 200 miles north of Reno, Nevada, and is one of the largest lithium reserves in the U.S.
But no one wants a mine in their backyard, and Thacker Pass and other projects have been plagued with lawsuits and opposition from environmentalists, permitting delays and opposition from Native American tribes in the area.
Watch the video to learn more, and to get an inside look at some of the domestic lithium projects in the works.
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Why The U.S. Has A Massive Lithium Supply Problem

Пікірлер: 1 500
@gregghoge5587
@gregghoge5587 2 жыл бұрын
I fully agree that the United States needs to become more in control of our own destiny when it comes to raw material supply and refining. We can't be left in the position where everything we need has to come from somewhere else. We need to do the necessary mining and refining in the most environmentally responsible way possible. That said, if you fly over Nevada at 40,000 feet or so, there's a whole lot of open space there.... Charlotte, NC may be a different story.
@arnowisp6244
@arnowisp6244 2 жыл бұрын
Damn, it's almost as though those people complaining about outsourcing had a point...
@cchui01
@cchui01 2 жыл бұрын
@@arnowisp6244 Well, then the next complain will be - it is too costly and labor intensive...back to the beginning of the outsourcing cycle.
@GrandChessboard
@GrandChessboard 2 жыл бұрын
@@arnowisp6244 Those crybabies were all commies that wanted to tell business how they should run themselves. The more wealth and power you transfer to the top the more American you are...
@eal8645
@eal8645 2 жыл бұрын
$$$$!
@thebestevertherewas
@thebestevertherewas 2 жыл бұрын
@@arnowisp6244 Outsourcing select industries actually has a merit. Now outsourcing key industries like Semiconductors is not a good idea. Outsourcing Mining of some minerals is actually necessary to prevent land erosion. Also withholding Natural Resources which can be used in the future to gain an geopolitical advantage is actually a win.
@michaeloreilly657
@michaeloreilly657 2 жыл бұрын
One of the main issues with Lithium refining is water use, particularly in arid areas. . This video does not address it adequately.
@MrCcristof
@MrCcristof 2 жыл бұрын
Agreed. There is no meaning to extract Li in US at 3 times the cost, Chile can provide the whole US needs, what it has to be done is to develop the refining capacity. Today it goes as Li from Chile or Australia to China and comes as hydroxide to the US battery producers, what a waste!
@vladimirdoyle3934
@vladimirdoyle3934 2 жыл бұрын
That's why we need to set up refineries in wet Areas. The only way we can get everyone to ditch I.C.E vehicles is to set up Ev manufacturing all around the US, not just in some areas.
@tomgucwa7319
@tomgucwa7319 2 жыл бұрын
If man wants the lithium he will move in the water..Greek aqua ducts..just adds to the cost
@vladimirdoyle3934
@vladimirdoyle3934 2 жыл бұрын
@@tomgucwa7319 just use rail. Efficient and hauls more product than pipelines and frieght
@garethbaus5471
@garethbaus5471 2 жыл бұрын
@@vladimirdoyle3934 pipelines are substantially more efficient at transporting liquids, so if you are supplying the water to a large project that requires a constant supply of water pipelines are the superior choice. Trains certainly are more efficient than trucks, and for solids or relatively small amounts of liquids are pretty good the most efficient way to ship just about anything over land.
@shauryasingh007
@shauryasingh007 2 жыл бұрын
CNBC down bad stealing video ideas from Wendover productions
@yanirasalka412
@yanirasalka412 2 жыл бұрын
𝐒𝐩𝐞𝐜𝐢𝐚𝐥 𝐥𝐨𝐯𝐞 𝐜𝐨𝐧𝐭𝐞𝐧𝐭 𝐨𝐯𝐞𝐫 ❶❽ 𝐲𝐞𝐚𝐫𝐬 𝐨𝐥𝐝 *NUDE-DATTING.ONLINE* tricks I do not know Megan: "Hotter" Hopi: "Sweeter" Joonie: "Cooler" Yoongi: "Butter So with toy and his tricks, do not read it to him that he writes well mamon there are only to laugh for a while and not be sad and stressed because of the hard life that is lived today. Köz karaş: '' Taŋ kaldım '' Erinder: '' Sezimdüü '' Jılmayuu: '' Tattuuraak '' Dene: '' Muzdak '' Jizn, kak krasivaya melodiya, tolko pesni pereputalis. Aç köz arstan Bul ukmuştuuday ısık kün bolçu, jana arstan abdan açka bolgon. Uyunan çıgıp, tigi jer-jerdi izdedi. Al kiçinekey koyondu wins taba algan. Al bir az oylonboy koyondu karmadı. '' Bul koyon menin kursagımdı toyguza albayt '' dep oylodu arstan. Arstan koyondu öltüröyün dep jatkanda, bir kiyik tigi tarapka çurkadı. Arstan aç köz bolup kaldı. Kiçine koyondu emes, çoŋ kiyikti jegen jakşı dep oylodu. # 垃圾 They are one of the best concerts, you can not go but just seeing them from the screen, I know it was surprising 💗❤️💌💘
@generalvee2773
@generalvee2773 2 жыл бұрын
The main reason is US's short sightedness and bad policies.
@Sasukex1337
@Sasukex1337 2 жыл бұрын
Regardless of who wins it's an old man who shouts stuff that kids don't agree with
@benpezzot8805
@benpezzot8805 2 жыл бұрын
And china is cheaper to do stuff in compared to the us
@todddammit4628
@todddammit4628 2 жыл бұрын
True. The right's complete denial of the situation and both sides' placating to the fossil fuel industry has put the US in a really bad position to compete. Thanks GOP and conservative dems...
@royhuang9715
@royhuang9715 2 жыл бұрын
It’s funny in a “democracy” the US citizen has no power to fix the short sightedness or bad policies. Is it really a “democracy” or just another form of dictatorship ran by a few hundred rich families.
@todddammit4628
@todddammit4628 2 жыл бұрын
@@royhuang9715 The US has never been a democracy. First, the senate is wildly anti-democratic. Giving every state 2 senators regardless of population means you give far more power to minority populations. Second, the electoral college means that a 10 year old census dictates how many votes a politician will get, instead of the people themselves. It also means you can have two states, one where a candidate lose by 1% and the other where they win by 50% lose the electoral college because it is winner take all. Finally, there are no common standards for protecting a persons right to vote, be registered, and have access to a polling place. America is not a democracy. It is a minoritarian plutocracy based on white supremacist christian fascism.
@freeman4755
@freeman4755 2 жыл бұрын
I feel like Wendover put it well in his newest video on EV batteries, at around 14:25 in his video, roughly quoted he says "EV's are dirtier to make, but the majority of emissions come from driving them, electric vehicles from production, to use, to scraping, are responsible for about 75% LESS emissions, even using dirty fossil fuel electric grids to get there, anyone who argues the opposite is either misinformed, or attempting to disinform" there is no such thing as clean mining, but if this step has to be dirty to make the clean alternatives we need, then I'm all for it
@garethbaus5471
@garethbaus5471 2 жыл бұрын
Pretty much.
@shanemooon
@shanemooon 2 жыл бұрын
Less emissions is only one part of the puzzle. That’s what people aren’t getting. EV’s and Lithium mining has huge effects to local environments and ecosystems. So while yes, it produces much less “emissions”….it’s local environmental impact can be considered much worse than crude oil. And there is no telling what trickle down effects that could have. Not to mention that Lithium’s accessible supply is quite small and finite.
@AE-bh5zs
@AE-bh5zs 2 жыл бұрын
And most likely they work for fossil fuel industries and don't own an electric or hybrid. I've yet to meet the owner of an electric or hybrid car who wants to go back to paying much more in fuel costs for a markedly inferior product.
@MRRookie232
@MRRookie232 2 жыл бұрын
Watching his video now and it’s so much better in nearly every way to what CNBC has turned around with a much a larger budget.
@arnowisp6244
@arnowisp6244 2 жыл бұрын
@@AE-bh5zs Inferior? Some people have dropped thier EVs for gas because of limited number of charging stations and the time to charge. Compared to how you only need a few minutes to fill up a tank.
@jboy2621
@jboy2621 2 жыл бұрын
Great, so instead of fights over oil, we'll just adjust to lithium...
@jarjarbinks6018
@jarjarbinks6018 2 жыл бұрын
We need to capture the lithium recycling industry for domestic market demand. Lithium recycling will be the final key to the longevity of the ev car market
@JJ-de8hg
@JJ-de8hg 2 жыл бұрын
Theirs is one Elon old partner though about it and created a company
@btroy3768
@btroy3768 2 жыл бұрын
Way cost too much
@magnanimus1150
@magnanimus1150 2 жыл бұрын
Redwood
@madensmith7014
@madensmith7014 2 жыл бұрын
Plastic recycling failed fyi
@jaystarr6571
@jaystarr6571 2 жыл бұрын
But are you familiar with The LaSalle? Or maybe The Prophecy of The Shadowy Clown?
@graphosxp
@graphosxp 2 жыл бұрын
I have too many lithium battery powered devices in storage because manufacturers have stop support for OS updates, locked bootloaders etc. Results being devices have become unusable. Google, Amazon, Apple want people to upgrade to the latest model and the environment be damned. "lithium supply problem" made worse by artificial obsolescence.
@multimediaproduction6674
@multimediaproduction6674 2 жыл бұрын
Very good video, thank you.
@profounddamas
@profounddamas 2 жыл бұрын
Not really after you watch this video: "The price of green energy | DW Documentary"
@Nyhiak
@Nyhiak 2 жыл бұрын
We don’t. And be careful investing in crappy stocks.
@flakgun153
@flakgun153 2 жыл бұрын
There's huge amounts of lithium right next to Tesla's plant in Nevada. The problem is that lithium is so cheap it's not worth it to mine it domestically. The lithium in a lithium ion battery is only 3% of the cost. It's basically irrelevant. There's no shortage of cheap litium to go around Cobalt is 60%. Cobalt mostly comes from the congo, mostly produced with slave labor. Lithium is not the issue. Stop wasting so much time trying to equate lithium reserves to oil reserves. No one is going to go to war over lithium
@SDGreg
@SDGreg 2 жыл бұрын
Lithium Iron Phosphate batteries don't require Cobalt.
@tomgucwa7319
@tomgucwa7319 2 жыл бұрын
Thanks Greg , I'm thinking about a e bike...what battery's are the best ? Any ideas?
@yanirasalka412
@yanirasalka412 2 жыл бұрын
𝐒𝐩𝐞𝐜𝐢𝐚𝐥 𝐥𝐨𝐯𝐞 𝐜𝐨𝐧𝐭𝐞𝐧𝐭 𝐨𝐯𝐞𝐫 ❶❽ 𝐲𝐞𝐚𝐫𝐬 𝐨𝐥𝐝 *NUDE-DATTING.ONLINE* tricks I do not know Megan: "Hotter" Hopi: "Sweeter" Joonie: "Cooler" Yoongi: "Butter So with toy and his tricks, do not read it to him that he writes well mamon there are only to laugh for a while and not be sad and stressed because of the hard life that is lived today. Köz karaş: '' Taŋ kaldım '' Erinder: '' Sezimdüü '' Jılmayuu: '' Tattuuraak '' Dene: '' Muzdak '' Jizn, kak krasivaya melodiya, tolko pesni pereputalis. Aç köz arstan Bul ukmuştuuday ısık kün bolçu, jana arstan abdan açka bolgon. Uyunan çıgıp, tigi jer-jerdi izdedi. Al kiçinekey koyondu wins taba algan. Al bir az oylonboy koyondu karmadı. '' Bul koyon menin kursagımdı toyguza albayt '' dep oylodu arstan. Arstan koyondu öltüröyün dep jatkanda, bir kiyik tigi tarapka çurkadı. Arstan aç köz bolup kaldı. Kiçine koyondu emes, çoŋ kiyikti jegen jakşı dep oylodu. # 垃圾 They are one of the best concerts, you can not go but just seeing them from the screen, I know it was surprising 💗❤️💌💘
@Tinjinladakh
@Tinjinladakh 2 жыл бұрын
Lithium is just a face but on background phosphate + nickle and other material combined called lithum. And tesla using there next gen battery using less colbalt bcoz of human right.
@degummybear
@degummybear 2 жыл бұрын
This doesn't sound right.
@jsosa1981
@jsosa1981 2 жыл бұрын
Don’t worry when Mexico starts mining their lithium the problem will be solved and electric car company’s will move there operations there, Mexico has the largest reserves in the world
@arnowisp6244
@arnowisp6244 2 жыл бұрын
Americans whp suppprted EVs because they will give them jobs. "What about us?"
@carlosvazquez8399
@carlosvazquez8399 2 жыл бұрын
I just hope that if that becomes the case. GM and Chrysler don't "hog" all of it so that Tesla won't get any. It's pretty evident.
@btroy3768
@btroy3768 2 жыл бұрын
Ship coke to US profit better than lithium
@railroadforest30
@railroadforest30 2 жыл бұрын
It shouldn’t be mined everywhere the nature should be preserved
@investingthelike111
@investingthelike111 2 жыл бұрын
hard rock or brine reserves? Not one large project has come up on my radar for lithium in Mexico
@quahgalaxys4821
@quahgalaxys4821 2 жыл бұрын
US will need to list lithium and rare metal productions under emergency national security measures. The problem of shortage is real and delayed action to start production will bring US EV ambitions to its knees.
@roadtrippin2781
@roadtrippin2781 2 жыл бұрын
it's not an emergency though, we really don't need it. For what, Batteries? Get real. Battery tech is surpassing the need for lithium if you follow that.
@ericyuan9718
@ericyuan9718 2 жыл бұрын
@@roadtrippin2781 The question is can that battery tech become cheap enough before the lithium supply worldwide dwindles enough to be an urgent concern.
@khavaliar
@khavaliar 2 жыл бұрын
@@roadtrippin2781 even solid state batteries use lithium. The lithium free batteries you speak of are decades away We have barely perfected solid state so slow down sir. It takes years for every new evolution
@roadtrippin2781
@roadtrippin2781 2 жыл бұрын
@@khavaliar There are much more chemistry blends than lithium, and they are more dependable with longer lifespans and have been around for decades longer than lithium chem batts, Just throwing that out there. All I was saying is lithium isn't the be all, end all of battery chemistry and they aren't taking as long as you think. If you follow this closely you'll see that.
@khavaliar
@khavaliar 2 жыл бұрын
@@roadtrippin2781 depends on the use case.. if it's for cars and electronic then lithium probably for now. But large power storage I've seen things like iron and vanadium batteries and whatever else they can conjure up
@speedmaster7107
@speedmaster7107 2 жыл бұрын
Next: Why the U.S. doesn't have enough mango trees...or Why the U.S. fell behind moped technology..
@lifeisneverthesame910
@lifeisneverthesame910 2 жыл бұрын
and then why the US is fall behind in space exploration technology...
@matthewv789
@matthewv789 2 жыл бұрын
Excellent report. I learned a lot.
@victorhopper6774
@victorhopper6774 2 жыл бұрын
this was a penny stock add.
@spiritualservicesgodbless7641
@spiritualservicesgodbless7641 2 жыл бұрын
Thank you for the video
@jonny777bike
@jonny777bike 2 жыл бұрын
We will need to get recycling 100% of electronics. If we could recycling all electronics and also be able to recycle even more of our trash. We should also invest in hydrogen fuel cell vehicles and look for other technologies that don’t have raw material shortages.
@khavaliar
@khavaliar 2 жыл бұрын
Fuel cells also use very expensive rare earth metals
@profounddamas
@profounddamas 2 жыл бұрын
No possible, currently pc and smartphone/tablet components are only 20% recyclable. A far cry of what is really needed.
@aaronwilcox6417
@aaronwilcox6417 2 жыл бұрын
Most of our problem is our production has been regulated out of business by bad mining practices of the past.
@id10t98
@id10t98 2 жыл бұрын
As someone that lived in Alaska, married an Alaskan Indian and has worked in many Native American Indian villages, I can say with great certainty that most of them do not want mines nor the jobs that come with them, whether they are well paid jobs or not. Indian cultures are all about sustaining the status quo of the earth, increasing the harmony of nature and people as they go through life. They arent interested in the new-fangled gadgets most white people think they cant live without.
@aarsoul9860
@aarsoul9860 Жыл бұрын
Look up lithium extraction at the Salton sea they use natural geothermals to remove lithium from the ground
@youxkio
@youxkio 2 жыл бұрын
Excellent video!
@jaredcantlon252
@jaredcantlon252 2 жыл бұрын
Incredible production 👌🏼 I approached the video with an assumption that extraction is so obviously “the right thing”. Yet - there are so many sensitivities to consider. Very difficult macro environmental trade offs to weigh with fundamental questions raised by indigenous populations (and also endangered plant life) that philosophically boil down to “what do we need” as humans occupying this planet… while I don’t expect we’ll slow down the living standards we’ve grown accustomed to, it’s increasingly obvious how our “work” is creating increasingly complex trade offs that ultimately fall subject to the ignorance as well as the emotions of whomever results in power at the end of the struggle.
@Uberwald93
@Uberwald93 2 жыл бұрын
It's interesting when the "blood and soil" mindset is expressed and no one notices.
@readoutloud6171
@readoutloud6171 2 жыл бұрын
Damn if only it wasn't in California we'd be able to get it.
@nickking1510
@nickking1510 2 жыл бұрын
The Clayton valley in Nevada is home to one of the few areas in North America with a large deposits that are fairly shallow and fairly easily extractable . There are 2 Canadian companies that own properties in the Clayton valley both have sizeable deposits of Lithium . Spearmint resources has a sizeable deposits already and recently drilled one of the largest concentrations to be recorded in that area which will likely add significantly to their already sizeable deposits . The other company is Cruz battery metals in the Clayton valley both companies are bordering major lithium producers . The companies are very under valued at this point considering that Lithium has gone up approximately 400% since Spearmint got a confirmed resources estimates from a major mining estimator last year and now getting a further resource estimate update based on large concentrations found in recent drilling
@accessiblenow
@accessiblenow 2 жыл бұрын
Good review
@satyakisil9711
@satyakisil9711 2 жыл бұрын
According to CNBC the USA has a massive everything supply problem.
@htaukkyanmyo4437
@htaukkyanmyo4437 2 жыл бұрын
According to CNBC, every supply problem is China's fault.
@arnowisp6244
@arnowisp6244 2 жыл бұрын
@@htaukkyanmyo4437 Funny enough its actually true as absurd it is because of how much was outsourced by the US.
@lukmanabdinasir7927
@lukmanabdinasir7927 2 жыл бұрын
Totally... and no one else beside the U.S. can be the leader in anything.
@almendratlilkouatl
@almendratlilkouatl 2 жыл бұрын
@@htaukkyanmyo4437 actually, every world problem's cause can be traced to China, they are destroying everything, even their people
@Chrissers2010
@Chrissers2010 2 жыл бұрын
11:49 "My original goal was to raise awareness about how these lithium mines would be destroying some of the last beautiful places left in the United States". He needs to get out more and see the vast beauty of this country.
@jmonsted
@jmonsted 2 жыл бұрын
Shall we destroy one beautiful valley or the entire world including that valley. It seems like an easy choice to me.
@tomgucwa7319
@tomgucwa7319 2 жыл бұрын
Desert sands cobbles an pebbles , if you got to rough up something , dessert is the easiest to rebuild..just go untill it's worthless level scrub .
@TheBooban
@TheBooban 2 жыл бұрын
@@tomgucwa7319 yeah, its just dirt. But i also wonder regular mines aren’t returned to their natural state. They just leave a huge hold in the ground. It should be a requirement.
@jmonsted
@jmonsted 2 жыл бұрын
@@TheBooban Most countries have strict laws about remediation after mining operations finish. Many require you to place money in escrow for it so you can't just go bankrupt and leave.
@mahdiruhulla
@mahdiruhulla Жыл бұрын
Wonderful and Excellent Your Every Video And Beautiful Explanation. So Good,, Any Video Don't Weaste Topics, Only Main Topics Explanation, So Many Many Thanks to you
@m0nkm0de
@m0nkm0de 2 жыл бұрын
Allkem in Australia/South America/Canada is a fourth the price of LAC, and producing kilotons of material. If you wish to invest in lithium extraction, I would look there.
@Mrbfgray
@Mrbfgray 2 жыл бұрын
OK Newsom--- slash the heck out of crippling regulations, Cali ran mining out of town decades ago, I'll be shocked if YOU can make it viable again. Washington could help by getting out of the way. I used to do contract process equipment fabrication for Silver Peak operation. (was Foote Mineral back then)
@JeffreyQJones
@JeffreyQJones 2 жыл бұрын
Maybe we should have thought about how to mine lithium and produce electricity without coal before they demanded we switch to electric cars...
@bretthepler722
@bretthepler722 2 жыл бұрын
ugh im studying earth science and sustainability right now in undergrad and buddy I couldn't agree with you more. This alarmist blind leap towards technologies we haven't made reliable yet is incredibly ridiculous to me.
@atenas80525
@atenas80525 2 жыл бұрын
GREAT VIDEO - very thought provoking - please do more similar ones. Thanks!
@internetgod5407
@internetgod5407 2 жыл бұрын
Growing up my next door neighbor work for the lithium Corporation of America in Bessemer City there is still plenty of lithium in North Carolina
@Drozit0
@Drozit0 2 жыл бұрын
This goes to show that individual forms of transportation like cars will not be the solution to the climate crisis and the US must reinvest in green public transportation
@Wojtek-420
@Wojtek-420 2 жыл бұрын
@@sillyseattlecat everyone could take a lesson from Denver's public transit. Best I've seen.
@mdjey2
@mdjey2 2 жыл бұрын
Exactly, but not just that. Zoning laws should be eliminated, I haven't seen anything this stupid. Walkable cities is what is needed in US. Ask Europeans, they know best.
@joeblack4436
@joeblack4436 2 жыл бұрын
Massive desalination should be considered. For water and food security, but also the oceans contain significant amounts of Lithium, and it remains in the slurry from desalination plants. Along with other useful metals and minerals. Maybe the net economic benefit can make it economically viable.
@Wojtek-420
@Wojtek-420 2 жыл бұрын
No desalination. Who is pushing this crap?
@billpetersen298
@billpetersen298 2 жыл бұрын
@@Wojtek-420 I’ve seen lots of these comments too. No idea, where it’s coming from.
@Palemagpie
@Palemagpie 2 жыл бұрын
Is that actually your name or a clever reference to death?
@djo9c1
@djo9c1 2 жыл бұрын
Desalinization is very energy-intensive. Also sea water is less than 1 ppm lithium, more like 200 parts per billion. Compare that to sodium (10800 ppm), magnesium (1290 ppm), calcium (411 ppm), potassium (392 ppm), and strontium (8.1 ppm) -- not to mention the corresponding anions of all those salts: chloride, sulfate, bicarbonate, bromide, borate, fluoride, silicate, iodide...
@joeblack4436
@joeblack4436 2 жыл бұрын
@@djo9c1 A low concentration yes, but when you consider that in the middle east alone billions (plural) of litres of seawater is desalination each day, then concentrations in the order of hundreds parts per billion starts looking rather interesting. The chemistry needed to isolate Lithium and other useful minerals from salty brines are not even that challenging. Any measures to extract metals from the waste brine will only alleviate environmental concerns. Solar and wind are also ideally efficient for processes like desalination, since there is zero real need to run such plants continuously. You don't even need energy storage to make it perfectly viable using the de facto cheapest and most benign forms of electricity generation .
@nonyabiz6036
@nonyabiz6036 2 жыл бұрын
7:46 land price for around 5,000 pretty neat I wonder if it's per acre or some other measurement bought my land in Montana for about $80,000 (6 acres)
@victorhopper6774
@victorhopper6774 2 жыл бұрын
why so much
@nonyabiz6036
@nonyabiz6036 2 жыл бұрын
@@victorhopper6774 which one is so much the one in the video or my land
@victorhopper6774
@victorhopper6774 2 жыл бұрын
@@nonyabiz6036 sounds expensive for 6 acres in montana
@nonyabiz6036
@nonyabiz6036 2 жыл бұрын
@@victorhopper6774 got it in 2013 most of the prices were picking back up from 2008
@Ergzay
@Ergzay 2 жыл бұрын
Lithium is not the primary component of these batteries, as the guy you interviewed said. But you obviously cut out the part where he said that it's not a major limiter for battery production.
@asjeot
@asjeot 2 жыл бұрын
At least the US has Australia as a key ally so lithium supply is/can be secured if the US needs to import.
@triadwarfare
@triadwarfare 2 жыл бұрын
Just because they are allies now doesn't mean that their future is secure. Most countries are selfish. If local demand is higher than what they can externally supply, they will have no choice but to stop exports, ally or not. In a hypothetical scenario that China somehow had managed to subdue Australia in a war, American industries that would rely on Lithium will be severely crippled because they don't have backup supply chains.
@treymansfield7919
@treymansfield7919 2 жыл бұрын
Canada has large lithium reserves probably alot easier to import it from there then Australia
@doritosicecream2820
@doritosicecream2820 2 жыл бұрын
@@triadwarfare dont underestimate a dog loyalty to its owner, if Australia really want to give up its economy for USA, just give thier leftovers and he will be happy at your side 😏.
@ricnyc2759
@ricnyc2759 2 жыл бұрын
Nah. The US will sell lithium to China. Remember when the US started exporting beef to China when Australia played a fool.
@sendthis9480
@sendthis9480 2 жыл бұрын
Have you seen how much lithium Australia exports every year?!?!? Their reserves are 1/10th the size of Chile…yet they export 10x MORE than Chile. They’ll run out in < 10 years.
@batsy3
@batsy3 2 жыл бұрын
really hope the mining companies and the inhabitants of thacker pass come up with a good solution. this will make the lithium companies extremely wealthy.
@id10t98
@id10t98 2 жыл бұрын
and the people who invest in them! Start ups- Lithium Americas, LAC; Lake Resources, LLKKF, Standard Lithium, SLI; Palladium, PLL; Ameriwest Lithium AWLIF; Established Companies-Albemarle, ALB; Sociedad Quimica, SQM; Livent, LTHM. glta!
@kurdi98k
@kurdi98k 2 жыл бұрын
The US knows that THERE IS NO ROOM FOR ERROR when it comes to "strategic materials" availability moving forward
@rolandgonzales3343
@rolandgonzales3343 2 жыл бұрын
The 90s. Miss those days.
@claybroze3311
@claybroze3311 2 жыл бұрын
American Manganese Inc is going to be huge in this space. They are one of the few companies that can upcycle/recycle 99% of lithium in EV batteries. They are about to blow up
@tira2145
@tira2145 2 жыл бұрын
Yeah, sounds like it is a very dangerous place. Seen a lot of Tesla batteries catch on fire. Almost impossible to put out.
@Les_S537
@Les_S537 2 жыл бұрын
@@tira2145 no, a lot of Tesla batteries do not catch fire. Out of the ~2.5 million Tesla’s built to date, only a hundred or so have caught fire, and battery fires can be put out
@tira2145
@tira2145 2 жыл бұрын
@@Les_S537 while it's rare, it killed a entire family in my community. You should never park a Tesla in a garage. Where I live, all these uppity Tesla driver's think that they are so much better than common folk. We just laugh at them for driving coal powered cars.
@RM-rh3mz
@RM-rh3mz 2 жыл бұрын
@@tira2145 he doesn’t mean physically blow up 🤦🏼‍♂️ he’s talking about the company’s popularity
@DripDripDrip69
@DripDripDrip69 2 жыл бұрын
@@tira2145 Battery cars catch fire far less frequently than gasoline cars. Very little electricity is produced by coal in the U.S. Even if you are from West Virginia the only state where coal power is still dominant you are still better off charging a battery than filling gasoline because big power plants have much higher heat efficiency than small combustion engines.
@sheep4521
@sheep4521 2 жыл бұрын
Lithium made me feel even more brain dead than I already am
@jackwilliams7738
@jackwilliams7738 2 жыл бұрын
Lamictal is even worse than lithium
@curiouscollectiblesAU
@curiouscollectiblesAU Жыл бұрын
i can't believe I can't clip that at 14:30. One of the biggest rebuttals in the EV revolution debate and this guy has grown up with internal combustion engines.
@majorchungus
@majorchungus 2 жыл бұрын
If the mines filled in the open pit after they were done it wouldn't be so bad but the companies just leave when they are done.
@steveepayne4957
@steveepayne4957 2 жыл бұрын
Well thats just what we need more electric cars to stress the already stressed electrical grid.... Someone making big bucks on that one!
@doughesson
@doughesson 2 жыл бұрын
Nancy Pelosi sure did when Joe Biden ordered that the White House ground vehicle fleet was to be completely electric. She was able to buy stocks in ev & battery manufacturers before the prices went up. Can you say"insider trading"?
2 жыл бұрын
Tesla has already purchased 10,000 acres of land in Nevada, where it plans to mine lithium, not far away from his Gigafactory 1.
@danijelandroid
@danijelandroid 2 жыл бұрын
A few years ago, I heard that Tesla/Elon had a patent for extracting lithium from clay.
@scottjohnston2799
@scottjohnston2799 2 жыл бұрын
@@danijelandroid cypress development seems like they could crack that code of clay extraction. i guess we shall see with time
@Edmonton3dprintsCa
@Edmonton3dprintsCa Жыл бұрын
whats your thought on this? do you think it is a greener solution to current methods ? e3 lithium ca
@troyt8771
@troyt8771 2 жыл бұрын
Having been watching CNBC video and it seems the us is behind at everything
@kevinpike4459
@kevinpike4459 2 жыл бұрын
Not in my backyard sums up 99% of the environmentalists view. EV technology is great as long the power isn't generated near me or the environment damage is hidden from me.
@andyjohnson3790
@andyjohnson3790 2 жыл бұрын
EV vehicles take 40-70% more energy to produce than an ICE vehicles. One of the main reasons why environmentalist are worried is because government policy and education for consumers is basically zero, so the end of life use for EVs must be addressed to make them a positive for the environment in the long run.
@ytgeek8268
@ytgeek8268 2 жыл бұрын
@@andyjohnson3790 Negative. It does not take more energy to make a EV than an ICE vehicle.
@taragnor
@taragnor 2 жыл бұрын
Yeah, I'm really skeptical about EV's becoming a mass-produced solution in general. At the very least I have not had very good luck with lithium batteries. They lose roughly half their battery life in 2-3 years, and around 5-6 they usually become nearly incapable of holding a charge. That's my experience anyway (maybe I'm just unlucky, I don't know), but that's the way it is with my tablets/phones and as far as I know the tech is the same they use in EV batteries, just obviously on a larger scale. Honestly I can't imagine having to replace an expensive car battery every few years and make it anywhere near cost effective. Especially not since the battery for an EV is one of the most expensive components.
@pghbh381
@pghbh381 2 жыл бұрын
@@ytgeek8268 This is the most helpful video so far on this issue. kzfaq.info/get/bejne/orWpra-Ep6mmh6M.html Some others here are legit in their concerns about EVs deceptively displacing CO2 emissions. And then there are the ethical issues. Currently, there are well over a billion automobiles on the road. The impact of mining/extracting battery minerals to replace them needs to be factored into this craze.
@arindamkumar7725
@arindamkumar7725 2 жыл бұрын
To environmentalists: On the one hand you want to stop global warming and then you want to stop Lithium mining. You can't have both. Choose one
@thomasvolm8952
@thomasvolm8952 2 жыл бұрын
Finally, the real issue! What I have not seen in comments so far. Look at the pictures of Lithium mines. Not pretty. So when the enviros see what will be required for this 'green' tech, they will go ballistic. And what also has not been mentioned is the thousands of tons of copper and other metals to build out the electrical infrastructure so everyone can plug in all of these EVs.
@evannolan3304
@evannolan3304 2 жыл бұрын
if youre going to open pit mine, a desert in nevada with nobody around for miles is probably the best place to do it
@GOLDVIOLINbowofdeath
@GOLDVIOLINbowofdeath 2 жыл бұрын
Many people “ancestors” were removed from their graves in San Francisco to Colma. They didn’t even move the gravestones and broken marble pieces from them can still be seen lining walkways in a SF park.
@atenas80525
@atenas80525 2 жыл бұрын
Curious how Australia keeps coming up as so critical to the world's economy
@id10t98
@id10t98 2 жыл бұрын
Their mining knowledge is some of the best in the world and they are in China's backyard, supplying them with massive amounts of iron ore and other commodities.
@downrightmike
@downrightmike 2 жыл бұрын
All they have in mineral resources that can be mined in 90% of their country without much opposition, because it is a giant desert an no one lives there.
@CallmeBotakaOrc
@CallmeBotakaOrc 2 жыл бұрын
lol
@djo9c1
@djo9c1 2 жыл бұрын
13th largest economy in the world, 9th highest GDP per capita, 15.7% of the total land area in the Southern Hemisphere (22.1% of non-Antarctic Southern Hemisphere land), the wealthiest country in the world, consistent growth faster than the OECD average, the only advanced economy in the world to not go into recession in 2008, consistently ranking in the 80th percentile or better in the Global Innovation Index.....
@samal3196
@samal3196 2 жыл бұрын
It's amazing they've come so far in mineral mining considering how heavy the stuff can be. Took them ages to stop all the rock just falling off.
@Tinjinladakh
@Tinjinladakh 2 жыл бұрын
Lithium is just a face but on background phosphate + nickle + Cobalt and other material combined called lithum
@pilotavery
@pilotavery 2 жыл бұрын
Phosphorus and nickel are less of a big deal but nickel kind of is, cobalt is not used in lithium iron phosphate batteries at all anymore so Cobalt is not really a big deal since everyone is phasing it out. Lithium is still the material that is going to be the most scarce. All of the others have massive manufacturing and mining is used for all kinds of industries, however, 90% of lithium is already being used for electric vehicles and mobile phones and laptops, which makes it very difficult to increase production.
@victorhopper6774
@victorhopper6774 2 жыл бұрын
@@pilotavery nonsense lithium is a very common element. refined lithium is in demand because it had limited uses before. at the current spot price there will be plenty of supply within ten years. copper is way more scarce of a element and is about a third the price right now cause it has been mined to meet demand.
@thade8534
@thade8534 Жыл бұрын
There was no mention of Standard Lithium's demonstration plant in south Arkansas extracting lithium form bromine tail brine. There is no environmental impact as the bromine industry has been there in excess of 60 years. This appears to be a potential additional source of lithium carbonate and lithium hydroxide.
@mrboobiesrider9212
@mrboobiesrider9212 2 жыл бұрын
Finally lithium is getting the respect it deserves.. white gold.. i like the sound of that
@andyjohnson3790
@andyjohnson3790 2 жыл бұрын
The US needs to be #1 with recycling every battery that gets produced and shipped to this country. I wish all battery recyclers the best but Li-Cycle might beat them all.
@noneofyourbeeswax01
@noneofyourbeeswax01 2 жыл бұрын
The US shouldn't have a Lithium supply problem - California's Salton Sea is rich in Lithium and can not only fulfil the needs of the US, it has been estimated that it could supply 40% of the demand from the rest of the world.
@Doyaman
@Doyaman Жыл бұрын
We are a group of lithium ore producer and supplier based in Tanzania. We are mostly delivering the lithium ore to our clients in Asia. We are looking for more new markets especially the USA to deliver our high quality ( lepidolite & sprodumene grades) lithium ore.
@cte4dota
@cte4dota 2 жыл бұрын
Here in Serbia we fight off Rio Tinto mining lithium! 2.4Billion project is scraped! To save our ecological system.
@bkparque
@bkparque 2 жыл бұрын
The problem is not lithium its nickel production
@billpetersen298
@billpetersen298 2 жыл бұрын
And lots of Copper.
@Sausage_army
@Sausage_army 2 жыл бұрын
And cobalt
@bkparque
@bkparque 2 жыл бұрын
@@Sausage_army cobalt is being phased out. Copper is plentiful. The problem is nickel
@Hession0Drasha
@Hession0Drasha 2 жыл бұрын
China keeps buying out all the latin american lithium production
@ensteffo
@ensteffo 2 жыл бұрын
+Haebris Latin American producers want to sell their lithium and China want to buy. No one forced the US to not put up high enough bids.
@Hession0Drasha
@Hession0Drasha 2 жыл бұрын
@@ensteffo the chinese don't buy the lithium. They buy the mining companies.
@tedchandran
@tedchandran 2 жыл бұрын
Jai Hinduja. Yeah buying instead of continuous Color revolutions to bring Common Poverty to the Shitholes in Latin America.
@freelunchforchildren4040
@freelunchforchildren4040 2 жыл бұрын
We felt behind on everything, except in Lying 🤥
@whaaaaaaaaaaaaaaaaaaaaaaaaaaa
@whaaaaaaaaaaaaaaaaaaaaaaaaaaa 2 жыл бұрын
Lithium is common, but it is not common for it to be concentrated into economically recoverable forms. Most lithium minerals are highly soluble in water, meaning that the vast majority of the planet's lithium is diluted within salt water within the ocean and underground. Conservative estimates for simply lifting the water to produce a kg of lithium from sea water is about $6,000 in electricity, which means a current Tesla battery would cost six figures in raw material.
@notarmchairhistorian7779
@notarmchairhistorian7779 2 жыл бұрын
Activists be like "NO you cant have fossil fuels, only electric cars!" But then *"NO YOU CANT MINE FOR THE BATTERIES FOR THOSE CARS!"* sad.
@AllMustJump
@AllMustJump 2 жыл бұрын
All environmental activists don’t actually support “only electric cars”. I never heard a environmentalist say that every one with a gas powered car to change to electric car.
@notarmchairhistorian7779
@notarmchairhistorian7779 2 жыл бұрын
@@AllMustJump yeah. coz hey want people to go back medieval era where people had to go back to riding carriages instead
@soyea4818
@soyea4818 2 жыл бұрын
Support bicycle 😂
@AllMustJump
@AllMustJump 2 жыл бұрын
@@notarmchairhistorian7779 Can you cite a environmentalist that supports “go[ing] back to riding carriages”?
@dontedimora5942
@dontedimora5942 2 жыл бұрын
There’s no water in Nevada to mine lithium. Hopefully we can switch to solid state batteries ASAP.
@wimprezax
@wimprezax 2 жыл бұрын
Tesla has patented a way to mine lithium from the Nevada clay without using the usual crazy amount of water.
@michalfaraday8135
@michalfaraday8135 2 жыл бұрын
Solid state batteries use lithium. Unless you mean some future sodium ion tech.
@TheBooban
@TheBooban 2 жыл бұрын
Always amazes why piping water seems impossible but we have oil and gas pipes all over the place.
@garethbaus5471
@garethbaus5471 2 жыл бұрын
@@TheBooban Nevada is in an extremely arid water shed, unless you want to tunnel through to the other side of the rocky mountains to take some water from California or go through the effort of pumping thousands of gallons up hill from somewhere even farther away there really isn't much water to pipe in.
@JJ-si4qh
@JJ-si4qh 2 жыл бұрын
@@TheBooban I guess the water in your home magically appeared there and things like The Los Angeles Aqueduct doesn't exist.
@billdale1
@billdale1 2 жыл бұрын
Just one correction: there is no "T" in the pronunciation of the word "GALVANIC" (6:30)
@sheerwillsurvival2064
@sheerwillsurvival2064 2 жыл бұрын
The environment will suffer no matter what. People and their demand will be their end
@Firestorm637
@Firestorm637 2 жыл бұрын
USA has history of mines which after a good production run, company walks away without reclamation. Many countries must set aside money upfront so when the mine closes that area can be reclaimed back to former glory. Colorado so many mines abandoned and now toxic chemicals in lakes and groundwater. That must stop. USA must become a creditor nation again vs DEBTOR NATION. More production in USA will increase are GDP and control inflation. We can not be dependent on a communist country for all our manufacturing. South Korea and Taiwan are too close to China if something bad happens. USA needs more self sufficiency to continue a secure country
@zjc8043
@zjc8043 2 жыл бұрын
1. fed has been covertly boosting inflation for debt dilution. 2. Tbh the capability of manufacturing was lost and cannot be restored in the foreseeable future. Any bills acts or laws regarding bringing production back are simply political corruptions.
@JJ-si4qh
@JJ-si4qh 2 жыл бұрын
1:50. Doesn't look destroyed to me. I'm an environmentalist, and some issues are more important than others. The transition away from fossil fuels far outweighs more local concerns when reducing our carbon footprint on a global scale. The ancestral lands argument is honestly starting sounds like a cash grab by raising the stakes and ultimately how much a company will pay to mine there. 8:28. Oh? I guess the Aral Sea doesn't make the list. 11:48. Last beautiful places in America? This guy DROVE to Thacker Pass. Were his eyes closed? The entire drive is beautiful, and so is much of the country. Wack argument, especially given 97% of the country is rural and mostly unspoiled. Most comments in the comment section of this video are downright terrible and debunked with a cursory Google search.
@Krnesbitt
@Krnesbitt 2 жыл бұрын
I am ok with a “cash grab”. The companies and the government should pay this community their money and or give them equity. Pay these people their money and let’s move on.
@desertsoldier41
@desertsoldier41 2 жыл бұрын
Newer battery cell technology will overcome the lithium issue. Rare Earths hopefully will be overcome in the next decade or so with lunar regolith mining.
@internetgod5407
@internetgod5407 2 жыл бұрын
@@desertsoldier41 don't you think we should discover that new technology before we stop using fossil fuel and let million people die
@internetgod5407
@internetgod5407 2 жыл бұрын
An environmentalist what the hell does that mean where did you go to environmental School
@stuartburns8657
@stuartburns8657 2 жыл бұрын
@@desertsoldier41 No it won't, the concentrations are too low, and the added costs of extraction and revival make it a ludicrous proposition
@BlondieSuperdog
@BlondieSuperdog Жыл бұрын
a ton of lithium takes 500,000 gallons to process. The current 100,000 tons of production annual productin utilzes enough water to fill 1/3rd of Lake Erie. The southwest USA does not have sufficient water to spare. Chile and Maine have banned Lithium mining and processing mostly because of the water needed to be diverged for this use.
@ouchman4212
@ouchman4212 2 жыл бұрын
lol 6:31 Galvanic doesn't have a "t" in it
@zone4garlicfarm
@zone4garlicfarm 2 жыл бұрын
The world's largest known deposit of lithium was recently discovered in Newry, Maine. It was discovered by amateur rockhounds who were working a 1 acre quarry looking for gem stones. The deposit has an estimated value of $1.5 billion but it might never be extracted because of Maine's strict mining laws
@bjornmarley5670
@bjornmarley5670 2 жыл бұрын
Ukraine has 18 billion....
@notyourmama4166
@notyourmama4166 Жыл бұрын
and because Maine doesn't want to be turned into a desert
@desserteyes6978
@desserteyes6978 Жыл бұрын
Wrong it’s Mexico now they want invade with the excuse of drugs😂
@faa9261
@faa9261 10 ай бұрын
Wrong, it’s Zimbabwe that has the largest untapped reserves
@zone4garlicfarm
@zone4garlicfarm 10 ай бұрын
@@faa9261 I'm talking about how much is in a single quarry. You are talking about many mines spread out over an entire country.
@RM-rh3mz
@RM-rh3mz 2 жыл бұрын
Mentions licycle/redwood and lilac solutions, but no mention of American Battery technology company ($ABML) who’s is doing both. Green eco friendly recycling as well as developing their process for a much more eco friendly direct mining with the DOE and DuPont as well as working with GM, Ford and Stelantis . How did you guys miss them?
@vinceszigetvari6137
@vinceszigetvari6137 2 жыл бұрын
Recycling is great, but first new batteries needs to be produced to have something to recycle in the first place. Once all the old cars are electric too, recycling the old ones to build new ones is great. But first, we need to get there.
@victorhopper6774
@victorhopper6774 2 жыл бұрын
this video is a penny stock ad
@tazpupper7828
@tazpupper7828 2 жыл бұрын
I'm not concerned about the battery at all LOL that thing's going to get in my way when I do an LS swap.
@UHaulShorts
@UHaulShorts 2 жыл бұрын
15:30 Future video idea *battery decarbonization*
@Thebreakdownshow1
@Thebreakdownshow1 2 жыл бұрын
US has fallen back on a lot of things. Back in the day the world looked up to US to be the leader.
@jiya6531
@jiya6531 2 жыл бұрын
I agree the more you try and understand US the more you realize how many flaws it has causing it barely move on the progress.
@doujinflip
@doujinflip 2 жыл бұрын
Because corporations captured politics, fooling us into believing globalization would mean more export opportunities when it ended up more offshoring. All while granting the resources to automate us all out of a decent entry-level job. And with the way they wrote and lobbied the tax code, the public sees none of the durable benefits of those profits.
@prolarka
@prolarka 2 жыл бұрын
That was at times when the rest of the world was left in ruins after the WWs.
@pudanielson1
@pudanielson1 2 жыл бұрын
The US is at the mercy of not having the natural resources to supply things we need.
@Thebreakdownshow1
@Thebreakdownshow1 2 жыл бұрын
@@prolarka I agree because a lot of the smart brains from Europe fled to America.
@paulwestwood4417
@paulwestwood4417 2 жыл бұрын
There are large lithium deposits here in the U.K., in Cornwall. I don’t know why Elon Musk didn’t build his European giga factory in the U.K. instead of Berlin.
@zachu1587
@zachu1587 2 жыл бұрын
because of Brexit, maybe
@NicklasToft
@NicklasToft 2 жыл бұрын
dont wanna pay import tax to EU :P
@papajohnsuk5965
@papajohnsuk5965 2 жыл бұрын
No thanks, we don;t want elon fanboys here.
@a-don13
@a-don13 2 жыл бұрын
@@papajohnsuk5965 lmao isn't Tesla dominating your market rn?
@temper44
@temper44 2 жыл бұрын
It has nothing to do with Brexit, that is a close minded opinion. The reason is that if you make the cars in the UK, they come out driving on the wrong side of the road.
@sticksandstoneswithmike.912
@sticksandstoneswithmike.912 2 жыл бұрын
ORE.AX for lithium and ARL.AX for nickel and cobalt exposure :D
@GregDubela
@GregDubela 2 жыл бұрын
Massive mine in Sunday River is the play
@PYTHAMAXX
@PYTHAMAXX 2 жыл бұрын
EVs are more hype than saying environment. Hydrogen is the future of clean energy. Take heat of sun, run the turbine, use electricity to generate hydrogen. Simple, plenty and clean!
@aycc-nbh7289
@aycc-nbh7289 2 жыл бұрын
Are you sure? Considering energy efficiency from production to use, hydrogen vehicles are only about half as efficient as BEV’s using the cleanest methods of hydrogen production.
@scottjohnston2799
@scottjohnston2799 2 жыл бұрын
hydrogen is a lot more expensive
@PYTHAMAXX
@PYTHAMAXX 2 жыл бұрын
@@scottjohnston2799 when you can make it in an easy, plentiful way, It will get cheaper over time, faster than even PV energy.
@scottjohnston2799
@scottjohnston2799 2 жыл бұрын
@@PYTHAMAXX yea as does anything gets cheaper when you make it in an easier more plentiful way. seems like solid state might be the next wave over hydrogen in my opinion
@heistbrian5486
@heistbrian5486 2 жыл бұрын
Agree. Keep spreading the word on green hydrogen!!! When I add up all factors I am aware of, most notably the collateral damage to convert all passenger vehicles to BEVs versus going with the 50% less efficient HYDROGEN fuel cell vehicles, I could see healthy future with 80km range BEVs basically for daily commuting and Battery/Fuel-cell hybrids for vehicles that need to go farther. Lots of predictions on the feasibility of green hydrogen achieving costs comparable or lower than gasoline. Here is a start. kzfaq.info/get/bejne/eJmboaSL3b6xqqM.html
@tomgucwa7319
@tomgucwa7319 2 жыл бұрын
This shortfall was predictable in 1975....it's silly to see this lack of planing.
@Cynthia_Cantrell
@Cynthia_Cantrell 2 жыл бұрын
No one was predicting lithium battery powered cars in 1975. They were predicting global warming though.
@tomgucwa7319
@tomgucwa7319 2 жыл бұрын
Submarines jets an rocket ships ,all need highenergy low weight batteries . Livermore labs..by 1960 it would have been obvious- your smug , an very wrong
@Landwy1
@Landwy1 2 жыл бұрын
I'm all for Native American rights, but this project needs to be built. I noticed that the video showing the vegetation of the Thacker Pass site was displaying a vista of Cheat Grass (Downie Brome), which is the scourge of the West. Cheat Grasss is a CAM 4 plant, meaning that it requires more carbon to make its fiber than most plants. So if you add more carbon dioxide to the atmosphere with burning of fossil fuel, it is that much easier for Cheat Grass to grow, impacting millions and millions of acres of land. So if you think big picture, the best thing to do is get to electrification of our energy production as soon as possible with Lithium ion technology. The blockade and protests of dirty tar sands from Canada and sending it thru a pipeline is completely different than the protests going on in California over Lithium. The most environmental thing we can do is ramp up Lithium based energy storage and have electric vehicles for transportation. Down the road, the worn out batteries can be recycled, and not as much virgin Lithium will be needed.
@VILLEGAS76able
@VILLEGAS76able 2 жыл бұрын
That's where MP materials comes in place!
@marcussos3287
@marcussos3287 2 жыл бұрын
Check out LKE and CXO stock, both listed on the ASX. Going to be printing money in the next 2-10 years.
@MK-hy3ko
@MK-hy3ko 2 жыл бұрын
Thacker pass is a dry arid zone and it requires plenty of continuous water to mine the lithium. Lithium always exists with other impurities such as “Arsene” which has been classified by EPA as toxic. Everything comes with a risk and damage to natural environment is irreversible
@noneshere
@noneshere 2 жыл бұрын
I thought slow discharge capacitors was going to do better but obviously Im wrong
@atenas80525
@atenas80525 2 жыл бұрын
100% electrification is impossible - we can't mine enough metals - beyond Li - we can't even come close
@profounddamas
@profounddamas 2 жыл бұрын
I agree 100% on that. Check the video "The price of green energy | DW Documentary"
@bostonbikebits6539
@bostonbikebits6539 2 жыл бұрын
you have to love the greens - been demanding we all go ev for years then kick off when companies start mining the resources to make ev's a possibility.
@notyourmama4166
@notyourmama4166 Жыл бұрын
because they realized lithium mining isnt good for the environment in any stretch of the imagination
@dudleyp8173
@dudleyp8173 2 жыл бұрын
American Battery Technology -ABML- has a close loop technology to Extract and Recycle Battery grade material in a revolutionary Green Technology. This is an USA company!!!
@AndrewMalkin
@AndrewMalkin 2 жыл бұрын
What about the recycling or lithium?
@rosariolivatinomartirdajus1480
@rosariolivatinomartirdajus1480 2 жыл бұрын
Large Lito mine in the Northeast of PORTUGAL 🇵🇹🇵🇹🇵🇹 The biggest deposit in EUROPE🇪🇺🇪🇺🇪🇺 Easy to prospect on the surface. Good roads for transport. There is also a lot of tungsten and volphamium 💰💶💰💶💰💶💰💶💰💶💰💵💰💵💰💵💰💵💰💲💰💵💰💵💰💲💰💶💲💰💶💰💰💵💰💰💵💰💰💶💰💰💲💰💰💵💰💰💰💶💰💵💰🇺🇸🇺🇸🇺🇸🇬🇧🇬🇧🇬🇧...
@ph11p3540
@ph11p3540 2 жыл бұрын
Lithium is not only a very common chemical element in the earths crust but exists in large minable deposits in sufficiently high purity grades. In fact, all over the US and Canada there are at least two dozen closed down but perfectly good lithium mines. British Columbia alone has 4 very large lithium mines all closed down since the 1970s because the price of lithium dropped. Lithium is everywhere globally. It's cobalt, that's used as lithium battery cathodes, that's in short supply.
@0hypnotoad0
@0hypnotoad0 2 жыл бұрын
The key in the near-term is going to be to use LFP batteries. They are cheaper and cleaner to manufacture, longer lived, and do not require cobalt or nickle, and are more than adequate to power more "economy" EVs. Tesla has started switching their "standard range" models to LFP battery packs, they largely maintain the same range and efficiency, but the battery costs far less and will have a much longer lifespan. A bit slower, but I don't think the majority of people need blisteringly fast cars
@faa9261
@faa9261 10 ай бұрын
Those reserves really belong to those native tribes
@Paonporteur
@Paonporteur 10 ай бұрын
​@@faa9261they don't though.
@kiefershanks4172
@kiefershanks4172 2 жыл бұрын
I think our main problem is trying to maintain the automobile as our primary form of transportation instead of investing in better, more efficient uses of resources like rail and public transit. It is clear that EVs will cause environmental devastation similar to that of oil and gas. We can debate the degree of devastation but it is devastation nonetheless. I think we need to wake up to the reality that car dependency is what the real issue is. This is coming from someone who loves cars and driving. Too many cars on our roads create huge problems for society that is hard to grasp. It is hard to image a world with fewer cars but we really ought to start imagining it if we want to make effective changes. Otherwise I feel we are doomed to fail.
@1heart7seas1moon
@1heart7seas1moon 2 жыл бұрын
Bessemer city ? That’s like 25mins from me
@emoney822
@emoney822 5 ай бұрын
Nevada and CANADA has large supply of lithium READY
@axeblue
@axeblue 2 жыл бұрын
Like Avatar, it seems like every rock and tree turned over is some kind of holy spiritual site.
@hsvr
@hsvr 2 жыл бұрын
True
@JJ-si4qh
@JJ-si4qh 2 жыл бұрын
Even as an environmentalist and decently compassionate person, I'm starting to get sick of the "ancestral lands" argument
@justinhan286
@justinhan286 2 жыл бұрын
Interesting to say "China is not always our friend" @4:54, this reminded me when Trump started the trade war 😂😂
@hotchi1566
@hotchi1566 2 жыл бұрын
@E. W. What's wrong with your brain?
@timpratten2258
@timpratten2258 2 жыл бұрын
Why can't thacker pass be an underground mine??
@devon9075
@devon9075 2 жыл бұрын
Thacker pass recieved the permit from the Nevada Bureau of Mining and Regulation and Reclamation (BMRR) today (Feb 25, 2022 - 1.5 months after this video was made) giving them the green light to move ahead in 2022.
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