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Lithium: Price Collapse Secures Green Transition, Causes Headaches

2 pointsby rustooover 1 year ago

1 comment

anovikovover 1 year ago
Unlike with oil, we are not speaking of billions upon billions tons of product. Just a few million tons. It&#x27;s easily possible to build up stocks of multi-year supply of lithium when it&#x27;s cheap - storage won&#x27;t be prohibitively expensive - so those price swings will probably be mitigated (and taken advantage of) by speculators, who buy low and sell high, to everyone&#x27;s benefit.<p>My belief is that lithium, polysilicon, and other main renewable energy supplies will never be like oil - matters of life and death and&#x2F;or origins of the very genesis and existence of whole nations. They will be more like uranium fuel for reactors - something that is still finite and has to be kept in mind, but never a stumbling point or a bottleneck.