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<blockquote data-quote="Fred&amp;#039;s Myth" data-source="post: 5472010" data-attributes="member: 55587">Another Death Knell:“This means that by 2030 there will be an additional demand for LCE (lithium carbonate) of 2.8M to 3.3M tons. By comparison, the world&#039;s current largest producer <a href="https://seekingalpha.com/article/4558964-albemarle-increasing-production-lithium-shortage-great-investment?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">Albemarle</a> (<a href="https://seekingalpha.com/symbol/ALB?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">ALB</a>) produced 120k tons of LCE in 2021. This means that in 2030, the world will need an additional 25 times the amount currently produced by the largest producer. However, lithium mines, whether hard rock mining or evaporation ponds have years of lead time. The <a href="https://www.iea.org/commentaries/electric-cars-fend-off-supply-challenges-to-more-than-double-global-sales" target="_blank">IEA</a> warns that the world may face a potential shortage of lithium as early as 2025.”</blockquote>

[QUOTE="Fred's Myth, post: 5472010, member: 55587"] Another Death Knell: “This means that by 2030 there will be an additional demand for LCE (lithium carbonate) of 2.8M to 3.3M tons. By comparison, the world's current largest producer [URL='https://seekingalpha.com/article/4558964-albemarle-increasing-production-lithium-shortage-great-investment?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link']Albemarle[/URL] ([URL='https://seekingalpha.com/symbol/ALB?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link']ALB[/URL]) produced 120k tons of LCE in 2021. This means that in 2030, the world will need an additional 25 times the amount currently produced by the largest producer. However, lithium mines, whether hard rock mining or evaporation ponds have years of lead time. The [URL='https://www.iea.org/commentaries/electric-cars-fend-off-supply-challenges-to-more-than-double-global-sales']IEA[/URL] warns that the world may face [B]a potential shortage of lithium as early as 2025[/B].” [/QUOTE]

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