China's battery packs plummet in price again. Hydrogen prices didn't decline and BNEF triples its estimates for future costs. The implications are huge.
Concern: will there be enough lithium to continue battery based electrification at the current pace?
Consideration: are sodium-based battery technologies following the curve of lithium based technologies? (Because unlike lithium, they won’t be limited by access to raw material.)
Being 31st doesnt have any meaning by itself tho. That could mean that its super common or super rare, it means literally nothing. Also unless its in read to use form, you have to process it somehow which itself might be a bigger issue than availability.
Interesting read, thanks for sharing. :)
Concern: will there be enough lithium to continue battery based electrification at the current pace?
Consideration: are sodium-based battery technologies following the curve of lithium based technologies? (Because unlike lithium, they won’t be limited by access to raw material.)
Lithium is the 31st most abundant element on earth. Running out of lithium is not a realistic concern.
https://www.science.org/content/article/seawater-could-provide-nearly-unlimited-amounts-critical-battery-material
Being 31st doesnt have any meaning by itself tho. That could mean that its super common or super rare, it means literally nothing. Also unless its in read to use form, you have to process it somehow which itself might be a bigger issue than availability.
There is so much Lithium out there we just need to look for it now that we need it. It’s not hard to find, we just need to look.
And when we look, we keep finding massive amounts of it, because it’s so common
https://www.forbes.com/sites/davidblackmon/2024/10/24/new-study-confirms-huge-us-lithium-reserve9-times-global-demand/
Nice to know that they can also extract it from seawater. :) Sodium is already (more) available in that way.
Sea water also has more gold in it than within the dirt. There’s a very good reason why we don’t extract minerals from the ocean.