> Worse still as electric vehicles become more popular the rare earth metals that seemingly remain popular within the batteries may increase in cost offsetting

> Worse still as electric vehicles become more popular the rare earth metals that seemingly remain popular within the batteries may increase in cost offsetting our future reductions. That's one reason I'm hoping that we start seeing more lithium iron phosphate (LFP) cells in mid-range cars, as they don't require nickel or cobalt. (They still require lithium, which is starting to approach where nickel and cobalt prices per ton are, but I'd rather deal with one bottleneck resource mostly mined in Australia versus 3 bottleneck resources, one of which is primarily sourced from Congo.)