Comment by SteveMqz
8 hours ago
They’ve been saying this for years. Every few months you’ll see an article about IV having the biggest store of lithium in the US, but nothing ever comes of it.
8 hours ago
They’ve been saying this for years. Every few months you’ll see an article about IV having the biggest store of lithium in the US, but nothing ever comes of it.
That's because lithium is not that rare and hard to get. It's now around $10 per kg ( https://www.dailymetalprice.com/metalpricecharts.php?c=li&u=... ). There was a brief spike due to supply chain snags a couple of years ago, coinciding with tons of these announcements.
And a 100kWh Li-Ion battery (~$14000) needs just about 10 kg of lithium (~$100).