Opinion: Is the Ukraine war the first one for lithium?
That’s where the real action was found. And at quite a human cost. According to Opinion Research Business, which polled Iraqis about their personal loss during Bushapalooza, there were an “estimated 1,033,000 violent deaths due to the Iraq War. The range given 946,000 to 1,120,000 deaths.”A big issue in California is the enforced conversion to electric cars in a decade or so. Here at the Crawford compound we already own a pair of EVs. Coupled with our solar panels, they run on sunshine.
“The world could face lithium shortages by 2025, the International Energy Agency says, while Credit Suisse thinks demand could treble between 2020 and 2025, meaning “supply would be stretched … About 2 billion Electric Vehicles need to be on the road by 2050 for the world to hit net zero, the IEA says, but sales stood at just 6.6 million last year.”
“According to preliminary estimates, researchers believe that Ukraine is a treasure trove of lithium, holding about 500,000 tons of the ‘non-renewable mineral that makes renewable energy possible.’ … Skyrocketing global demand growth for lithium is estimated to range from 400% to 4,000% in coming years.”
“Ukrainian researchers have speculated that the country’s eastern region holds close to 500,000 tons of lithium oxide, a source of lithium, which is critical to the production of the batteries that power electric vehicles. That preliminary assessment, if it holds, would make Ukraine’s lithium reserves one of the largest in the world.”
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