How Lithium Producer Albemarle Took Over The EV Industry
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- เผยแพร่เมื่อ 31 พ.ค. 2024
- Demand for lithium, a key component for electric vehicle batteries, is expected to surge from 500,000 metric tons of lithium carbonate in 2021 to three to four million metric tons by 2030, according to McKinsey & Company.
Albemarle, the world's top producer of this critical metal and the operator of mines in Australia, Chile and the U.S., says it plans to bring another domestic lithium mine online by 2027 - Kings Mountain in North Carolina.
"We need to get the green stuff out and that will produce what's called a spodumene concentrate," said Matthew Hastings, group geologist for Albemarle. "That concentrate will run about 6% lithium oxide, so the intent there is to produce that concentrate, that will be what we give to conversion facilities."
That concentrate will likely end up in Albemarle’s soon to be built $1.3 billion processing facility in South Carolina where it is turned into battery-grade lithium hydroxide. The plant will support the manufacturing of 2.4 million electric vehicles annually and be able to process lithium from recycled batteries.
But despite that growth Albemarle faces a number of potential headwinds including a possible economic downturn that could slow the demand for EV's, new battery chemistries that could reduce the need for lithium, battery recycling and additional competitors. Tesla began construction of a lithium refinery in Texas in 2023.
To better understand how lithium, known as "White Gold", is extracted, the challenges involved and where production is moving to next, CNBC got a behind the scenes look at Albemarle's operations in Chile and the U.S. Watch the video to learn more.
Chapters:
00:00 - Introduction
02:56 - History
05:55 - Chile
08:42 - Domestic production
11:46 - The future
Produced and Shot by: Shawn Baldwin
Edited by: Nic Henry
Supervising Producer: Jeniece Pettitt
Additional Camera: Katie Brigham, Magdalena Petrova
Graphics: Christina Locopo
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![แข่งแลกของ 1 วัน!! ของใครแพงสุดชนะ!! [Ver.2024]](http://i.ytimg.com/vi/joRT59ilPHg/mqdefault.jpg)
So i might be wrong but i read an article about lithium being a side product of desalination plants. Its still hella expensive but its definitely a way to finance it.
Lithium Valley, CA: Salton Sea.
I’ve also read that it’s present in high concentrations in the water that’s removed during the process of oil extraction.
Make even more videos about EVs, batteries, solar and clean energy!
Ye also make one about how if a bird lands next to it it's gonna die in about 5 seconds, that stuff must be really good for the natures!
@@yourealittlebitfat4344 ahh yes. What do you say for oil spills? I'd say it's more of a slow process of suffocating. I doubt you care about birds lmao
None of what you mentioned is clean energy.
its not really clean tho. even nuclear has a waste product. there is no such clean in chemistry
@@yourealittlebitfat4344full of poo poo
Residential battery storage is really taking off. Tesla Mega battery packs are also doing well. VR power utility companies in the future. Solar and battery packs will keep costs/kwh at EV charging stations
If not for Tesla, Albemarle would not be what it is today. Tesla paved the way for other companies to get into EV or bankrupt.
Me and my father purchased around 50k worth of Albermarle stock back in 2020. We are bullish on EVs in the coming decades !
What u think about Electreon? Seems very promising in reducing the need for big batteries
@@senoow4215 I love what the company is aiming to do. Could be revolutionary if its able to deliver its technology and services at scale.
@@NK-iw6rq yeah seems almost too good to be true haha, u invest in them?
Exciting future.
Recycling batteries is lucrative and smart because battery grade lithium is difficult to create. 99.9 percent can be reused infinitely from recycled batteries. Mining will boom but the long term value is companies that dominate the recycling sector. Investment idea's? Find a good battery recycler now.
Bryan ....it takes extreme temperature to break down a lithium battery. 1,800 degrees. Where is that energy going to come from?.
@@KaiserBlade - ".....Where is that energy going to come from?......"
Batteries, duh!!! ;-)
[sarcasim]
:)
@@KaiserBlade that is the pyro metallurgy process. Most recycling is now done with "hydro " metallurgy.
@@KaiserBlade Wrong.
Li-Cycle.
Model Y sales from 2021 up 91%. First quarter 2023 Model Y worlds number 1 vehicle AND it’s an EV!!! Passed Toyota Corolla which has a MSrP of $21,000. Model Y surpassed Ford truck sales!! Electric vehicles are becoming huge success as low maintenance and 500,000 plus mile batteries. Gas prices will continue to rise.Batteries from cars have made GRID STORAGE BATTERIES competitive. Use of solar and wind at night. Hawaii already over 30% renewable due to private rooftop solar. I save $600/month on gas and home electricity with my solar/powerwall/EV. I can not control healthcare costs but can control energy costs. Micro grids vs macogrids in the future. V2G is the future.
You can't control any costs
I have Tesla solar panels and Powerwalls on my home saving me about $3,200/yr in electricity and my Model 3 saves another almost $2,800/yr in fuel and maintenance. My system also got me through the 44hr Houston blackout during the winter storm that knocked out Texas's grid.
@CNBC 9:00 "miles... feet" please include metric unit measurements in your video.
Went to 60k per ton not 600k. Someone’s smoking something very strong
It hit that in China late last year.
@4literv6 They should have stated Yuan rather then USD.
Didn't even discuss direct lithium extraction. This is about as important as fracking is to oil and gas.
Yep can't let the masses find out about the displaced communities due to lowered water table from lithium brine pumping
Seems like a strong buy for investors now. Price has dropped alot with reduced inflation.
And still people are terrified of the stock.
Hmmm however, Albemarle does not have access to what appears to be the largest Lithium deposits (brine) in the Salton Sea area of CA. If not, how well positioned are they?.....
permitting Salton Sea brines will take decades. It's in California.
@@brianbrandt25 Yes, it will take so much time that the geothermal energy plants that already exist are already attempting to extract lithium from the brine. One need not permit on ground where one has a permit.
The resource may be large, but it is of poor quality with many other undesirable elements in concentrations orders of magnitude higher than the lithium it contains. Everyone seems to say that Direct Lithium Extraction (DLE) will make it feasible and profitable, but it has yet to be proven how well the technology may scale at the Salton Sea. I am glad that ALB has access to much higher quality resources.
Hear hear. (previous comment). It would be great to start to use alternate chemistries in a big way for static applications and leave the Li for mobile applications. All these alternate chemistries need is market share to be cheaper than Li batteries as they are made from cheap, readily available elements. Besides, they have some definite advantages over Li batteries. They last a lot longer than Li batteries, they can be cycled between 0 and 100% with no damage and hence you get to use the full capacity of the battery and don't need special electronics to always have the battery partially charged and never fully charged, they are completely safe from a fire point of view, they would be easier to recycle as they don't use the difficult Rare Earth Metals, they don't self discharge and on and on it goes. There are two types of ZnBr batteries, Liquid metal batteries based on Sb and Ca (so far), a range of Fe and V flow batteries and the up and coming Na batteries.
Agreed using Li tech for grid scale batteries is a huge waste.
Tesla sold one million EV’s 2022. Tesla looking to sell 2 million EV’s 2023. Tesla started this revolution 10 years ago when gas prices were low and no tax credits. GM started the tax credits
lol if you think tesla started this you are behind the times. America was once the biggest producer of rare earth. rare earth just kinda sucks
And the stupid ones that keep buying GM vehicles, and their investors. They are also accountable for holding back the US economy.
And now Tesla is bringing lithium refining to the US… and they’re working to make it much cleaner. Will be an amazing future.
Tesla will sell 10 million cars in 2030.
It never ceases to amaze me that people continually see that start up growth always eventually peters out, but people continue to think the next startup’s growth will go on indefinitely. More than likely Tesla will never get to 10,000,000 units because they are a lousy car company. Their defect and problem level is near the worst in the industry while producing a vehicle that is considerably simpler and easier to produce. Elon Musk has even told you. Creating a BEV is simple compared to manufacturing it at scale. Also the giga press idea makes Teslas basically disposable cars with anything more than minor damage. This is driving the insurance rates up higher and higher.
Somewhere there is a guy cussing out the Lithium miners for ruining his favorite fishing hole.
Whatever the form of batteries we make, it’s just a method to store energy. The energy to be stored there has to created by some method and nuclear is the cleanest of them all.
why go nuclear when you can rip-off people to buy your high-inflated stocks and over-marketed products. green-capitalism at its best.
Nuclear has the problem of nuclear waste which is hard to dispose of. Also nuclear is enormously more expensive than wind solar and battery storage. Nuclear also takes many years to build a nuclear facility - whereas windfarms, solar and battery storage can be deployed in not more than one year.
💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩
ABAT are about to extract lithium from its 10000 acres in tonopah. A process that takes hours using hydromet tech. Conventional mining in brines take months. ABAT have published an inferred resource report stating they have half a trillion dollars worth of it. Once these new processes are proven at commercial scale it will be a secure domestic supply within the USA.
Hopefully battery technologies now in development and using different chemistry will reduce the need for some of these scarce elements so they don't become a bottleneck in the widespread adoption of EV's. We haven't gained much if in our drive toward green energy sources we destroy the environment with these extractive industries in the process.
bro elements arent scarce yet what's you been smoking. Your either not listening to science or listening to it pick a page a climate change isn't on the science agenda for a bit unless your talking about aluminum sulfer oxide or whatever for wheather modification. To move hurricanes from coast/create rain.
You can look up the chemicals and they are on #pages of usa government silver aluminum and sulfer silver and sulfer 100% aluminum prob to as it tests high levels for unknown reasons
A dramatic reduction in extractive industries will result and it's already happening, coal mining, oil and gas are tapped and used *once,* coal is already dying fast in the West. (China the big exception, they continue to increase consumption) While fossils are burned one time, ALL battery elements will be endlessly recycled just like aluminum has been since day one, ultimately reducing mining to a small fraction of what it is today. 70% of all the aluminum ever mined *is still in use today,* likewise for Li and other batt elements in the future.
I did some contracting for the Silver Peak, Nevada brine mine in late '80's. It was a small salt flat where essentially no life could exist to start with, they pump brine from underground, extract the Li salts and when they are done, it will remain a salty flat wasteland not too different from how they found it.
Not all Li mines are brine but those can be about as environmentally benign as any mine can be, the composition of remaining salts will simply be missing one component and the landscape won't be much altered, a little local subsidence is about all.
Future chemistry is Lithium metal on the anode and LMFP on the cathode.
This massive
CNBC
What about sodium batteries
Most of these lithium areas of Chile and Australia are in deserts miles away from cities. Most your oil refineries all 459,000 are IN cities causing almost 50% air pollution
No the air pollution is from diesel and coal powered electric plants charging electric cars that have nonrenewable components.
Ras House Music 🎶 Laborie Beach ⛱️ St Lucia
I seen wildlife swimming in pools also
Those that think people are going to accept the loss of ICEV without an acceptable alternative are beyond naïve. If you want people to accept alternatives to using fossil fuels you need to give them an acceptable comparable alternative. Expecting everyone to only use mass transit is ridiculous.
The only reasonable method I can see of getting people out of personal vehicles is on demand inexpensive driverless taxi system. This is extremely problematic because of when people drive. Everyone drives a few hours in the morning and then again a few hours in the evening. The remaining time of the day the demand would only be a small fraction of the peak. Also the response would have to be acceptable to the majority. Where you can order up a ride and it will be at your door in less than an hour in all cases and less than 15 minutes under most conditions. Is that possible? Even then many people will still want to maintain a private vehicle for emergencies.
Thank you for your excellent display of naivety and essentially a very long diatribe on absolute 💩💩💩💩💩💩💩💩💩💩💩
And they have in invested about $200 million in the world wide leader of Lithium battery recycling company Li-Cycle.
Recycle EVERYTHING possible ♻️🌳🌎🌲🌍♻️
So when is asphalt roads going to disappear? Why have this debate if drive on top rivers of crude oil.
My Dad took lithium for his bipolar. Now I'm investing in lithium.
Norway is truely an example of having a state owned corp partner with foreign private companies to gain expertise and then help process the products there instead of exporting it to the United States or other places for more money. I'm glad Chile is forging it's own path forward to help their own people and economy
God forbid a country like Chile finds itself in poverty after 20 or so years of exporting minerals. It happened to WV, and can't happen again in the states, but in the southern hemisphere there isn't the history or the regulation to insulate those countries.
White anglo saxons worship neoliberalism as their religion. Their not smart enough to realize what other countries do.
⭐
If the companies' name rolls off the tongue like that... I think we all know is projection..
More trains and less spread out cities would be cool.
You'd need a time machine for that
Why alb is dropping 🤔
Because lithium commodity price is low. Wait till 2-4 years, things will get better
Does anyone know of this company is on the Global X ETF calld "LIT"?
Yes, it is the largest holding in the LIT fund at around 7%.
Another good ETF that holds Albemarle is LITP, it is an ETF composed of global lithium miners. It has a mix of large players like Albemarle, and also offers exposure to many foreign and startup miners too (many of which could eventually become moonshots, and perhaps some that will likely fail of course).
@@clarkstonguy1065 Appreciate the info. This was a great video as I'm interested in the lithium industry and maybe investing soon.
Ev demand cooling. Stock tanks.
Well a million is nowhere near enough vehicles for the country and then you don't even have enough for replacements. Then on top of it there's nowhere near enough electricity to charge all these cars this makes no sense to me. To be an option is fine but to try to force this is ridiculous I'm really rooting for hydrogen because that'll make electric obsolete
Noises in Chilean
Better hurry if you want to make money with lithium. At some point batteries won't need lithium but I think there will be some demand for at 10 years.
This will be ok until someone, hopefully me, develops a commercial aluminum or magnesium battery that can do 10000 full electrochemical loops of discharging & recharging like lithium...
someone is already doing sodium ion if im not mistaken
@@jaredgalvin CATL claims to have a commercial ready sodium ion but there's some serious doubts about how ready it actually is to potentially competing or displacing lithium based chemistries.
Chemistry and physics may have something to say about that. My current understanding of the sodium-ion battery situation is that it is not ready yet, and sodium-ion batteries may be better suited for heavy equipment and energy storage because they are heavier than lithium-ion batteries for the same power.
@@nlabanok sodium ion batteries are already shipping. They're not at the energy density they've been forecasting, but they say there's a roadmap.
It's not just CATL, Faradion has installed a grid balancing battery in Australia.
That’s like some salt batteries! Carbon salt battery!
Funny how they leave out what the "changes" proposed by the anti-mining activist are. Hint: the change is the near elimination of the passenger vehicle.
Yeah I caught that too. While we can improve our transportation infrastructure and culture, expecting everyone to forego modern conveniences is a losing proposition.
Why did you interview a "political science" professor to speak on climate science? She doesn't know anything about the topic. Please keep your interviews to actual experts on subjects.
Why not use ocean water for brine pools?
I bought ALB at $80 .. And in 2022 and early 2023, I have been buying Joby aviation. Buy Future, not meme!
The price of lithium is now under $18K/tonne... Everyone is now in the red, except a few Chinese miners like Guanfeng and CATL.
What is so great about it? What do you do with all the old electric car batteries and all other lithium batteries, where do you expect to put all that toxic mess?
How much Albemarle paid for this stock pump attempt?
What we have to do above all else is preserve the car centric culture. We need to ensure there are billions of cars around the world, trapping people for a significant part of their lives in traffic, with the added bonus of the number of car deaths due to human beings not actually evolving to travel faster than they can run.
We must do everything we can to prevent significant funding of Public Transport, reducing the need for whatever form of personal automobiles, and the personal individual economic cost of maintaining them.
As lets also look forward to most major road networks across the planet, needing exponential expansion for the rest of the century, to accommodate the constant population and subsequent increase in personal vehicles.
Not sure of the relevance of this post. Europe has plenty of public transport, high density living, and community spaces. They still have cars. Even public transport and taxis need to electrify so ev tech is still needed. And how are you going to travel in the country side, and what about the goods that need to be transported, better EVs than diesel. Unless of course you are an oil executive.
@@chrisar6068 So this is only about Europe then? Thank goodness there isn't any massive demand for individual vehicles and massive road infrastructure anywhere else on the planet.
But hey, point taken, lets just change our issues from the problem with OPEC and Carbon Monoxide to enormous amounts of Lithium required, long lasting car fires and how often complete battery pack replacements and subsequent disposal.
I am sure it will all be fine as long as everyone is making lots and lots of money and nothing bad could result from remaining a car centric culture.
Well, except for the continued road toll obviously
:)
There is some truth to this comment. Very much of public transportation spending is quite wasteful as the government rarely does a good job of managing resources. I often see HUGE busses coming from the inner city to a suburban mall with only 1 or 2 people on them. Often they come every 20 minutes with the same number of passengers. Sometimes they are massive double length busses that bend in the middle with, again like 2 people and a driver on board. It would likely be cheaper just to give these few people that actually use these particular busses free cars, it certainly would be much better for the environment.
CATL largest battery manufacturer in the world. Hopefully Tesla can change that.
Remember Tesla is Tesla motors and Tesla energy
LG energy solutions will take the lead.
I dislike a Political "Science" professor lecture me on mining, economics, and technology. These people think that everything is just a puzzle that they can put together any way they like...
Albemarle needs to up its bid for AXS:LTR to at least $6 a share or it’s going to miss out on securing that supply
Look like an ad
didn't you already upload this a while ago(?) Just repurposing old content.
Well guess soon there are alternatives to lithium
What I haven’t understood at all is what makes Lithium and it’s compounds so valuable and sort after for EV Batteries vs other compounds. That wasn’t made clear.
In case you wanted to know as well as give feedback; mostly because of it's small elemental size, lithium based batteries have higher energy densities and better recharge/discharge speeds than other battery types.
Simply, batteries have three dials:
Price
Lifespan
Density
As you turn one dial better, the others get worse. Lithium is trades cost for high lifespan, high density. Lead acid would be trading density for low cost and lifespan.
Lithium's atomic structure allows for the easiest transfer of electrons and an extremely abundant element.
The battery itself is actually mostly Nickle, Manganese, and Cobalt or newer technologies also use Nickle, Manganese, and Iron phosphates as well. These metals allow for a lattice structure that sits in a dissolved Lithium solution to transfer Lithium Ions between the metals as you charge and discharge the battery.
This sharing of electrons is what drives the energy of a Lithium battery. Without Lithium this movement of electrons wouldn't be possible
Appreciate the feedback and explanations. I can understand the context as explained as Lithium is an Alkali Metal and its molecular structure with a lone electron in outer shell so it would want to form a stable compound or reaction with its electron. In a battery it would be electricity easily produced changing energy state. Still given the context of EV Batteries it helped to get some clarity. So feedback appreciated.
@@WeatherManToBe salt batteries bruh
@@tuckerbugeater those are my fav ones. Omega low cost. Hilariously massive and slow and will out live us all.
Sodium battery is much better for environment ! Am I right ?
Australia has zero tariff trade for Lithium mines. They also don't have to crush rocks to get it. Australia is about to make billions of America..
What are you talking about.... current Aus lithium is produced from crushing spodumene!!!! You have no clue...
I hope this reduces the Chinese monopoly in the DRC
aint that for cobalt tho not lithium?
@@nick_0 yea and that form of mining is worse😢
@@agentmonde1 Industry is moving towards LFP batteries, no nickel, no cobalt.
@@steven4315 that's a good thing
@@agentmonde1 And Chinese are the leading producers of LFP batteries
All that water is pumped out of the ground lowering the water table for communities that rely on that water that means no more water and communities being forced to disband to get to new water sources which are also becoming endangered.
That is an excellent naïve and completely ridiculous generalization.
I love how they act like that much. Brine is naturally occurring and cannot be used otherwise.all man made to extract lithium
Let’s create toxic wastelands for profit and call it green! 🙄
Looking forward to when Iron Phospate goes big and Lithium plays a lesser role
LFP uses lithium but no nickel or cobalt.
This is old tech now. America battery tech is at least a decade behind China. I just read China just came through on another new battery tech. Why u think Tesla opened a new factory in China. For the batteries.
How convenient that Tesla and others Exploitation of the Congo and Zimbabwe are not included in this episode - white washing the true cost of these new products.
Tesla does no mining. China owns over 80% of chemicals used for batteries. China owns the lithium in Nevada. Democrats will sell anything to China.
@11:10 Look there are ducks and turtles living in this pond. It must be pure and free from any pollutants. Sigh...
white gold to consumer electronics EV EVTOL electric boat aircraft megapack battery storage to powering the international space station robot battery drones wealth building
First
Is the Lake gonna get contaminated by the mining?
Yes.
No the mining operation will pollute environmental healing gases.
The lake will be completely removed by the mining. It's an artificial lake anyway. That's what they were talking about with regards to pumping the water out.
Century lithium(nevada) much more eco-friendly project, with much better economics.
It's pronounced Pilbrah, although spelled Pilbara
EV with current technology it is ECO NONSENSE!
It causes same damage to the environment as same the petrol bikes does
Well thanks for letting us all know how completely uneducated and ill-informed you are.
Unfortunately I think it should be done despite the lake. There seems to be many small lakes in NC. And I'd rather we extract resources from the U.S than a third world country or a communist one. At least there is more accountability here. They should absolutely be grilled by the locals and government and be held to environmental promises such as relocating the wildlife, Taking care of them as the lake is drained and once mining is complete at least restore the land or donate it to an environmental organization for restoration.
The situation in China is catastrophic and whenever the Chinese go to mine lithium, they bring the same attitude, they don't care about environment at all, plus not only China uses half of the world's coal to produce energy, they are doubling down on building more coal plants.
@@JigilJigil what you fail to mention is that China is the country with the largest solar energy capacity in the world, at 130 gigawatts. its also adopting electric vehicles way faster than the USA.
This lake was created by the original mine that is being reopened. In 20 or 30 years they can bring the lake back, a little deeper and a little bigger.
@@davidstrong7854 And all those solar panels were made by burning enormous amount of coal, even today China's solar cell and polysilicon industry exclusively uses coal as the main source of energy, and YES, 2% of their energy comes from solar panels while 60% comes from coal, and YES they are adopting electric vehicles way faster than anybody while charging those EVs by burning coal and making numerous new coal plants.
Here’s a thoroughly modern riddle: what links the battery in your smartphone with a dead yak floating down a Tibetan river? The answer is lithium - the reactive alkali metal that powers our phones, tablets, laptops and electric cars.
In May 2016, hundreds of protestors threw dead fish onto the streets of Tagong, a town on the eastern edge of the Tibetan plateau. They had plucked them from the waters of the Liqi river, where a toxic chemical leak from the Ganzizhou Rongda Lithium mine had wreaked havoc with the local ecosystem.
There are pictures of masses of dead fish on the surface of the stream. Some eyewitnesses reported seeing cow and yak carcasses floating downstream, dead from drinking contaminated water. It was the third such incident in the space of seven years in an area which has seen a sharp rise in mining activity, including operations run by BYD, the world’ biggest supplier of lithium-ion batteries for smartphones and electric cars. After the second incident, in 2013, officials closed the mine, but when it reopened in April 2016, the fish started dying again.
Lithium-ion batteries are a crucial component of efforts to clean up the planet. The battery of a Tesla Model S has about 12 kilograms of lithium in it, while grid storage solutions that will help balance renewable energy would need much more.
Demand for lithium is increasing exponentially, and it doubled in price between 2016 and 2018. According to consultancy Cairn Energy Research Advisors, the lithium ion industry is expected to grow from 100 gigawatt hours (GWh) of annual production in 2017, to almost 800 GWhs in 2027.
William Adams, head of research at Metal Bulletin, says the current spike in demand can be traced back to 2015, when the Chinese government announced a huge push towards electric vehicles in its 13th Five Year Plan. That has led to a massive rise in the number of projects to extract lithium, and there are “hundreds more in the pipeline,” says Adams.
But there’s a problem. As the world scrambles to replace fossil fuels with clean energy, the environmental impact of finding all the lithium required to enable that transformation could become a serious issue in its own right. “One of the biggest environmental problems caused by our endless hunger for the latest and smartest devices is a growing mineral crisis, particularly those needed to make our batteries,” says Christina Valimaki an analyst at Elsevier.
In South America, the biggest problem is water. The continent’s Lithium Triangle, which covers parts of Argentina, Bolivia and Chile, holds more than half the world’s supply of the metal beneath its otherworldly salt flats. It’s also one of the driest places on earth. That’s a real issue, because to extract lithium, miners start by drilling a hole in the salt flats and pumping salty, mineral-rich brine to the surface.
Then they leave it to evaporate for months at a time, first creating a mixture of manganese, potassium, borax and lithium salts which is then filtered and placed into another evaporation pool, and so on. After between 12 and 18 months, the mixture has been filtered enough that lithium carbonate - white gold - can be extracted.
It’s a relatively cheap and effective process, but it uses a lot of water - approximately 500,000 gallons per tonne of lithium. In Chile’s Salar de Atacama, mining activities consumed 65 per cent of the region’s water. That is having a big impact on local farmers - who grow quinoa and herd llamas - in an area where some communities already have to get water driven in from elsewhere.
There’s also the potential - as occurred in Tibet - for toxic chemicals to leak from the evaporation pools into the water supply. These include chemicals, including hydrochloric acid, which are used in the processing of lithium into a form that can be sold, as well as those waste products that are filtered out of the brine at each stage. In Australia and North America, lithium is mined from rock using more traditional methods, but still requires the use of chemicals in order to extract it in a useful form. Research in Nevada found impacts on fish as far as 150 miles downstream from a lithium processing operation.
Two other key ingredients, cobalt and nickel, are more in danger of creating a bottleneck in the move towards electric vehicles, and at a potentially huge environmental cost. Cobalt is found in huge quantities right across the Democratic Republic of Congo and central Africa, and hardly anywhere else. The price has quadrupled in the last two years.
Unlike most metals, which are not toxic when they’re pulled from the ground as metal ores, cobalt is “uniquely terrible,” according to Gleb Yushin, chief technical officer and founder of battery materials company Sila Nanotechnologies.
“One of the biggest challenges with cobalt is that it’s located in one country,” he adds. You can literally just dig up the land and find cobalt, so there’s a very strong motivation to dig it up and sell it, and a a result there’s a lot of motivation for unsafe and unethical behaviour.” The Congo is home to ‘artisanal mines’, where cobalt is extracted from the ground by hand, often using child labour, without protective equipment.
Why Hydrogen Green Energy is the Fuel of the Post COVID World
Published, June 24, 2022
Countries around the world have set ‘decarbonization’ as one of the goals for 2050. Further, two-thirds of all Americans feel that government should do better on climate. About 77% of the citizens agree that a more important energy priority should be developing alternative energy resources like wind and solar power and hydrogen technology instead of increasing fossil fuel production. This is vital since half of the US population lives in places where air pollution levels are so high that they can negatively impact public health.
The main causes are nitrogen oxides and hydrocarbons, but hydrogen-powered vehicles emit none of these but only H2O and warm air. Green hydrogen is generated from low-carbon power or renewable energy. It can be seen as a long-term replacement for hydrocarbon fuel for air and land transportation and comes with a per-unit-weight-advantage over gasoline and other fuels. Hydrogen green energy from top hydrogen production companies like GenH2 Discover Hydrogen is being identified as the best solution to tackle critical, hard-to-abate sectors and long-distance transport. Here’s why it has the potential to be the fuel of the future.
Who sold 167k Evs in 2013. Do you mean golf carts?
Join the 21st century? Teslas are the highest performance and safest cars ever made, and they were close to that in 2013. You should try one.
Lithium IRON batteries seem to be more popular than Lithium ION
LFP and M3P batteries are really exciting
because its cheap (less lithium) compare to Lithium Ion or NMC (Nickel BAse Battery)
Diverting water to salt the Earth.
I new discovery in battery chemistry is what will destroy the "value" of all this lithium investment.
knew
Chilean Govt is a brutal US backed junta ever since the overthrow of democratically elected Allende, and notorious for its relations with native Mapuche and other communities. That tells you a lot about Ablemarle's presence in Chile.
You're still living in the 70s?
Wasn't Allen paid off by the KGM? He won the election on the smallest margin in a 3-way election with the Soviet's help.
Good timing. It’s not like solid state batteries are going to be more cost effective and more sustainable as well as charge faster. Wait… yes they are 😂
For how many years have people been making such claims about solid state batteries?
Those technologies are at least a decade away from mass production, mainly because there's no current way to mass produce at a cost effective rate.
yeah lithium will soon be outdated, sodium solid state will reach the luxury market soon (due to higher price) and will trickle down in the next couple years.
Can’t produce economically at volume -
Ummm... Solid state batteries still use lithium. It's even in the video.
Everyone is chasing these electric cars which allows greater amounts of freedoms to be taken away from surveillance if you say something that they don't like on top of it is very impractical for refueling the vehicles themselves with the current capabilities of the infrastructure in place. I'm going the opposite route, buying an old 1970's Chevy pickup that will start every time, is EMP-proof, and you can still get everything you want done. Modernization doesn't mean you are actually free and also going to be productive in something that is by design going to cost WAY more to upkeep.
how dare you! (greta style) once u start questioning the Green Gestapo you would be shut down and ignored even if the questions are valid and logical...
Is EV environment friendly? Perhaps partially it is. That is when electricity used for charging lithium batteries is from clean energy sources such as hydro, geo etc. but most of the countries burn coal to produce electricity. Share of non renewables in energy basket is still tiny. If so does hyper activity in EVs make sense? Isn’t talk about banning gasoline vehicles by 2030 is like putting the cart before the horse
Another thing that is never talked about is how much money we are going to have to invest in upgrading and adding capacity to the electrical grids to be able to handle charging all of these new electric vehicles. Installing more wind turbines and solar panels is not going to solve this problem completely, you are still going to need more reliable sources of back up power for periods when the wind isn't blowing and the sun isn't shining. The grid in its current state is never going to be able to handle millions of new EVs charging every day and night. We can barely keep the power on in some parts of the country as it is right now.
I'm not saying it cant be done, but IMO it's going to take more than 10 years to overhaul the grid in this country to be able to reliably charge millions of vehicles every day without threatening the reliability of keeping the power supplied for existing and more important things like lights, heating, cooling, communications, etc.
The thermal efficiency of Otto cycles of gas vehicles is less than rankine cycle with regeneration of power plants. Without calculating the loss of energy in converting kinetic to electric to chemical back to kinetic nor loss of energy in transmission, it's more efficient for the power plant to generate power than gas engines. Tho I still do think the total banning gas vehicles by 2030 is realistic due to the load balancing and lack thereof enough efficient power plants. Of cause, supply grows with demand, the lack of infrastructure today doesn't mean we can't build more tomorrow.
Even now it's still more efficient. It still cost much less to charge your car than it does to fill it with gas. That will improve over time. Your 'what comes first, the chicken or the egg' argument doesn't really hold water
53 percent of the TVA's power comes from nuclear and hydro. If you have an electric car in Tennessee, you are using far less fossil fuels. They even have a pumped storage hydro to store energy. It already has far less of an environmental impact and will only get better over time
Yeah it is. Unfortunately ruining an entire lake is a drop in the bucket of Environmental damage compared to fossil fuel extraction.
FJB
Tear down earth so that we can drive EVs... The said environmentally friendly car. How ironic.
Cars are not environmentally friendly by design. But electric cars are better than fossil fuel cars for the environment hands down. You're getting your gas and oil from pumped outta the ground somewhere...
But it Is like aluminium , that is also hard to get out of the ground. BUT once you have enough it becomes a "closed loop system"
Better than the effect of oil extraction, refining, pollution, and greenhouse emissions. Batteries are also recyclable and can be charged from any source. The U.S. grid is 40% carbon neutral today.
@@iamalmostanonymous and, lithium is not the only chemistry. If you can live with slightly lower energy density, as you can for grid storage and short range transport like busses, than sodium ion may well be the future for those applications.
Shouldn't come as news that to build this modern world, we need stuff. Metals, etc. Kinda how this works, regardless of EV vs ICE vs anything else.
7:08 don't you think she looks Indian 😅
Sodium batteries will dominate the market soon
What market would that be?
I'm still voting for hydrogen cars (which can be produced in may ways including from renewable energy & as a biproduct of nuclear-which we also need to invest in) because there ain't an electrical grid in the world that can handle an all EV fleet of cars-it would be non stop blackouts. But investing in busses, subways, light rails & affordable public ride shares is the real way to decrease pollution by getting rid of more private car ownership.
2:30
No, thank you, I like having my own car.
She didn’t say anything about you driving or having your own car. It’s about making people NEED to own a car to do anything and everything in their life. If you’re so quick to feel victimized that says something about you. The less commmunities are designed for cars and allow for other transportation the less congestion and traffic for you and the cheaper the car. Also would be amazing if the incredibly high automobile deaths and crashes would be decreased if we didn’t design for people to drive upmost comofrtably and speedily
@@qwite9309 What makes you think I want to live in high density places designed for less cars? I like single homes on at least 5000 square foot lots.
Less population density = less interactions = less problems
@@user-fb4zo8wd5n ok and they are literally tens of thousands of communities like that. But you can’t trump where it is. Areas near job centers and city grids do not deserve be suburbanized and just because that remote secluded lifestyle is for you doesn’t mean every zoning ordinance just enforce that everywhere. Also suburbs need downtowns you can’t just build car infrastructure for a place with 5000 sq lots and not expect to be taxed for the infrastructure and financial hardship that does with making and keeping the area. As well as the environmental cost
am not the 1st to say it : EVs are not the answer...
At least you're also not first to be wrong with saying that either.
EV is green. Only if you don't look what's behind it.
Nah, in Chile is pretty clean and it’s getting cleaner
Green*
You think gas shows up magically at the gas station? Even in the US pumping and refining oil is a dirty business.
EVs are pretty good and getting better. 40% of our grid is nuclear, hydro, wind, and solar and batteries are recyclable.
Any heavy industry has impact; just how it is. The question is what level of impact, how well it can be mitigated, etc. Not burning hydrocarbons is not only much better, but the simple math of a limited resource means you have to stop at the point you run out anyway. So best to switch to a cleaner alternative sooner vs later.
Yeah, great, let's eliminate private vehicle ownership, no peasant needs to feel comfortable
What a joke
EL- Tahdam Exploration on a great lithium project check them out
Eventually our planet will just look like giant holes everywhere
BAD DATA
Thank you youtube for suggesting this propaganda story!
We should stop using fossil fuels as they are bad for environment, and we should stop mining lithium as they are bad for the environment as well, refining lithium is actually catastrophic for the environment, recycling battery is energy intensive process as well , so no battery and no gasoline for the cars, the best solution would be stop using cars at all, we can walk, it's healthy and.. oh then we have to eat more as we need more energy and we need more shoes, which means more carbon emission...
This is not a solution that is compatible with the modern world, so ... sorry, no chance. Proper mining is fully compatible with taking care of our planet.
This is a really bad idea - I hope they fail. Why destroy the environment for a low quality battery. The investors are stupid and will lose everything.
how? mining lithium from other countries both legally and illegally like ukraine
Destroy a beautiful lake and pollute the environment to make a million EVs … which will barely replace a fraction of ICE vehicles globally… is what I heard!