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BMW Group to source lithium from Livent

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Livent employs an innovative method that emphasizes sustainable water use and minimizes the impact on local ecosystems and communities. The salt lakes in the border region between Argentina, Bolivia and Chile are home to roughly half the world’s lithium reserves.

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Opinon: Lithium Market Set To Explode; All Eyes Are On Nevada

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While other commodities are floundering or completely collapsing in this market, lithium—the critical mineral in the emerging battery gigafactory war—is poised to explode, and going forward Nevada is emerging as the front line in this pending American lithium boom.

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Tesla And Other Tech Giants Scramble For Lithium As Prices Double

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And the battle for market share in and around this commodity has everyone from major tech players to trend-setting investor gurus vying for a foothold. For the electric vehicle industry alone, Goldman Sachs predicts that for every 1 percent rise in EV market share, lithium demand will rise by 70,000 tons per year.

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IRENA: diversifying critical material supply chains minimizes geopolitical risks

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External shocks, resource nationalism, export restrictions, mineral cartels, instability, and market manipulation could therefore increase the risks of supply shortages. For example, Bolivia has 21 million tons of lithium reserves, but produced less than 1% of the world’s supply.

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Electric Cars and a Smarter Grid - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

Most of the worlds Lithium is located in Bolivia, 50% plus. Which means we would be extremely vunerable to Bolivia for our transportation needs, to a degree which we have never been to a foreign country. Bolivia is no friend of the USA. We have no known Lithium deposits that could sustain domestic battery production.

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