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Lithium is not scarce. There are other substances in current batteries that are more so. But I know a nickel mine that was founded on a new process and assumed
by Gravityloss 6y ago
Lithium is not scarce. There are other substances in current batteries that are more so. But I know a nickel mine that was founded on a new process and assumed high future prices that didn't work out. They had hard times. You can google Talvivaara. Mostly known as an environmental problem.
Prospectors have found even better new nickel sources since. One is right below a 64 square kilometer nature preserve. After Talvivaara it's quite hard to get people to think it won't have large environmental impact.
There's lots of materials around if you are willing to pay a price for the extraction. Does it make sense, to bet on high nickel prices for the next twenty years?