RE:RE:RE:RE:The closer to us the betterThere are forces at work beyond us....so don't look at the mgt look at the geology, South America and Australia, and a few places in the USA and ofcourse Mexico have something in common with geology. SA and Aus are world supply leaders not because of technology but because of geology. The world has limits of lithium and every possible source needs to be exploited to meet demand that will come.
Mexico could be and likely will be one of the sources and that is what this is about from my perspective.
i look forward to revisit
https://smallcaps.com.au/lithium-sector-springs-back-life-future-supply-crunch-nears/ Will there be enough mines?
The German and Finnish researchers outlined just how long it takes to get new lithium mines into business.
“In the build-up phase, so-called greenfield projects must go through resource discovery, several stages of feasibility studies, facility construction and production start-up. This usually takes one to two decades,” the report noted.
And brine projects have their own issues.
“Relying on solar irradiation, the evaporation process is not constant throughout the year,” the report explained.
Another problem highlighted in the report is that no one knows how much lithium is left on earth.
The US Geological Survey estimates about 80 million tonnes but the authors of the report dismiss that as unrealistically high; other scenarios assume remaining stock is 41Mt, 56Mt or 73Mt.