26 Dec '17, 2pm
Peak #Lithium or Lithium in Abundance?
Within this time frame, lithium reserves are likely to augment not only because some new (untapped) fields (e.g. Salar of Uyuni , Bolivia) will be put into production, but also due to high lithium prices resulting from an ever-increasing demand for the metal. Efforts made by Project Better Place, for instance, to completely electrify both Israel´s and Denmark´s new automotive parcs by 2011 or 2012 or even Nissan´s announcement to introduce electric cars into the US market in 2010 are only an indication of what lies ahead in the near future but not necessarily a clear signal of an inmmediate interruption of oil demand in favor of lithium. Besides, not all major car producers will be engaged in an all-electric endeavour; indeed, most of them, including General Motors, are pointing to plug-in hybrids whose demand for lithium is most likely to be relatively smaller than that o...