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Lithium: Price Collapse Secures Green Transition, Causes Headaches
- anovikov 3y agoUnlike with oil, we are not speaking of billions upon billions tons of product. Just a few million tons. It's easily possible to build up stocks of multi-year supply of lithium when it's cheap - storage won't be prohibitively expensive - so those price swings will probably be mitigated (and taken advantage of) by speculators, who buy low and sell high, to everyone's benefit. My belief is that lithium, polysilicon, and other main renewable energy supplies will never be like oil - matters of life and death and/or origins of the very genesis and existence of whole nations. They will be more like uranium fuel for reactors - something that is still finite and has to be kept in mind, but never a stumbling point or a bottleneck.