The Dirty Little Secret of White Oil- Running Out of Sources for Lithium? Mounting Alarm for Rechargeable Batteries & EV Market; Australian Mining To the Rescue?

The size, sources, & supply of lithium seems to be a “dirty little secret”
Conflicting reports on sourcing causing race to find a steady source of lithium
Lithium is the key component in rechargeable electric car batteries.
Almost every ounce of battery-grade lithium is imported to U.S. & Europe.
The U.S. goal for EV production prompts the urgency of getting a lithium supply unleashed in a mining boom.
Claims being made that the Race for “white oil” threatens to cause damage to the natural environment & price wars.
Lithium supply is set to triple by 2025.
Will the global electric vehicle market manage the supply & demands factors?

EV’s Are Expensive Because of the Cost of Lithium Batteries. Recycled Batteries Could Make EV’s More Affordable Using New Technology & Smelting Process.

EVs are expensive because of the cost of the minerals that compose the batteries.
However, there maybe a solution.
Batteries can be recycled through smelting, direct recovery, & other means
Companies like Li-Cycle using advanced recycling technologies to recover up to 100 % of lithium.
Effort is to use old batteries to provide new products & services & to use recycled EV batteries to make new batteries.

EV Tech Expo

Electric & Hybrid Vehicle Technology Expo:
Electric & Hybrid Vehicle Technology Expo is the premier showcase for electric and hybrid vehicle technology and innovation. Based in Detroit, Michigan, the capital of EV manufacturing in America, Electric & Hybrid Vehicle Technology Expo will highlight advances right across the power-train and across a wide range of vehicles from passenger and commercial to off-highway industrial vehicles.

The High Cost of EV Batteries Impacting Manufacturer Sales Volume, Profits, & Replacement

The need for a low cost EV battery continues to be an industry challenge, even for Mighty Tesla.
Dozens of battery manufacturers around the world and at the OEMs are focused on using low-cobalt and cobalt-free battery chemistries & the use of chemical additives, materials and coating;
The high cost of an EV battery assembly and its replacement cost are impacting the sale of EVs, market penetration, and volume. The Pandemic has not helped.