Comment by metalliqaz

5 months ago

There is also security of access to rare earth metals needed for those batteries.

No, those batteries do not use rare earth elements. I don't know of any battery type that uses rare earth elements. Where did you get that idea?

This is not an issue. Lithium, iron, and phosphate are all abundant.

  • If lithium was as abundant as you claim, why is the Lithium Triangle a thing?

    The largest exporter is Australia and the largest importer is China. Were lithium abundant, why does China import most of its lithium?

    • Abundant doesn't mean available in location. It can be concentrated in one spot and more economic to mine there and ship where needed.

      Australia also exports a billion tons of iron ore to China. Iron ore is everywhere, but easier to mine good ore in Australia and ship it. Shipping is really efficient.

      2 replies →

    • I think because we weren't doing a whole lot of looking until recently. I think a bunch of lithium has been recently discovered in Arkansas.

    • Because processing it is a value added service, and China doesn't have an incentive to build lithium processing plants in Australia.