Enough lithium to plug-in America?
No shortages for at least 10 years?Read a pretty interesting lithium article this weekend regarding how Bolivia plans to develop its lithium mining industry - something essential to the development of plug-in hybrids and electric vehicles.
Most notable is the fact that Bolivia doesn't just want to mine lithium, the country also wants to build batteries and maybe even some of the cars that Bolivian lithium will go into producing. Thus, any partnership Bolivia develops for lithium mining, might also have to include battery plants in the country as well - something which could significantly increase partnership costs, in addition to export costs.
In terms of lithium supply Brian Jaskula, a U.S. Geological Survey commodity analyst states, "Everything I've been hearing from the producers and industry consultants indicates there won't be any shortage for the next 10-15 years."
Labels: lithium battery, plug-in hybrid vehicles



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