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You can get lithium from sea water. Cartels work for oil because nation states physically control it. You cant enforce a cartel where all non land locked count
by benj111 8y ago
You can get lithium from sea water. Cartels work for oil because nation states physically control it.
You cant enforce a cartel where all non land locked countries can compete with you if they choose.
And for businesses cartels are illegal in most of the largest markets so that won't work either.
- Scoundreller 8y agoJust because you can, it doesn’t mean it’s economical even when the other source prices are inflated. Oil has lots of substitutes and alternatives too. OPEC’s members seem to have good enough business relations with the largest markets. I don’t see too many OPEC members getting arrested anywhere.
- woodandsteel 8y agoNo, oil does not have lots of easy substitutes, not for its main uses.
- Scoundreller 8y agoVegetable oils make an easy sub for diesel. Natural gas does for heating. Much easier to convert for those than the cost of switching from mined lithium vs sea lithium.
- reaperducer 8y agoYou can get lithium from sea water There's an ass-ton of lithium in certain parts of the American west. I've met some of the people working for the companies getting set up to exploit it once battery demand drives the price high enough.