Lithium Supply Bottlenecks Risk Future of EVs | WSJ Tech News Briefing
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- เผยแพร่เมื่อ 20 ส.ค. 2024
- Lithium is a key component to the batteries in electric vehicles. But the part of the world with the largest known lithium deposits is stifling production of the mineral at a time when demand for it is growing.
WSJ South America reporter Ryan Dube joins host Zoe Thomas to discuss what is causing the bottlenecks and how they could affect the global EV market.
Photo: Ivan Alvarado/REUTERS
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#Lithium #EV #WSJ
These Lithium rich countries need some freedom and democracy!
Man they really danced around the history of resource exploitation
Regarding the byd deal, the Chilean government probably saw lithium prices skyrocket and needed an excuse the cancel the deal
Now thats a lot of water.
Mybe they should have these in glass domes to speed it up and collect the water when it evaporates.
good use of that medium, thanks for brigging us news!
I like how they have videos that add on to what the host is talking about. Usually it’s just a static screen with the audio spectrogram
Sounds like South America needs some freedom.
I suppose one concern would be a tailings disaster similar to the Brumadinho and Mariana tailing dam breaches in Brazil? While those were for iron tailings rather than lithium, are the earthen dams used for the pools or for the Manono tailings being held to a higher standard?
Dallas Texas. Fort Wayne Indiana. Baltimore Maryland
What if we ✨kissed✨in a lithium brine pool
Well done ...
And that's green to you.
Galvanic Energy’s Smackover Formation prospect in Louisiana is one of the largest lithium brine resources in North America, with sufficient lithium to produce enough batteries for 50 million electric vehicles. As recycling ramps, extracted minerals can be reused making a closed loop system.
Why all the talk of replacing gas cars with electric cars?
Why not just have fewer cars and more trains?
Have you ever tried been able to get a train to the supermarket, schools, the hospital and so on…?
@@AB-zt1fe Yes to all! The UK has a very smart rail system!
Because cars have infested the zeitgeist for 100 years, the latest mirage is the image of a techbro running his tesla inside a hyperloop thinking he is living in the future.
@@AB-zt1fe Funny, Europe, the Caribbean, Canada and Asia easily make mass transit work. Ann Arbor does. Enough of your excuses.
Found the WEF bot.
You said it, but didn't point out how government is the one that ensures worse outcomes.
This is good news for Vanadium
There is a huge deposit of Lithium in north west Nevada and they have already started mining it.
Uhhhhhhh have you actually been following any of the news on this? No they haven't.
Thacker Pass appeal ruling due any day now
I guess this is why they were having all those fires 🤔
It's OK we are waiting for better cheaper, cleaner, independent vehicles.
"Indigenous people"? Why not "citizens"? Or "inhabitants"?
Other than this linguistic glitch, thanks for covering this info.
Indigenous people means the separate government representative of the indigenous people. It's not a glitch, many run like separate countries within a host.
Indonesia have row material of lithium
No mention of Salton Sea lithium. It is produced as a byproduct of geothermal power production.
Why the obsession with EV, not everyone wants it and it's environmentally toxic
Idiot liberals think oil is evil and driving EVs fights back against that but don't realize people fight wars and kill over EV resources too. Will be fun when these idiots realize this and start pretending they never supported EVs to begin with. Watch and see.
Ha, I kinda want to see slowing down of EV productions.
This was nice
*Lithium* is the third most abundant element in the universe. It can be pulled by electrolysis from _seawater._
The energy to power the process can come from the sun. This is a non-issue.
There are a lot of other elements that are more critical to the making of batteries, luckily *all* of these can be recycled.
Unlike *oil,* the raw materials don't get *destroyed* by their time in batteries. They can be recycled, like _steel._
Lithium is abundant element. Sure.
The Extraction process is very complicated and concentrated lithium deposits are in particular place like Argentina or chile.
The Purity is the main problem as well as it has to be economically viable.
Lithium hydroxide and carbonate are interchangeable but application industry is different as well.
Purity is really critical in the battery quality especially high nickel.
This is an EXTREMELY simplistic view of lithium extraction, spoken by someone who googled it and read one or two paragraphs on the subject. To put it briefly, ther largest problem with your idea of seawater extraction is purity. Seawater extraction yields low quality lithium, barely useable for anything but the lowest quality of batteries. Like Uranium, there are many different grades of quality. You can't just go use any grade of Uranium to create viable nuclear fission for a nuclear plant, it takes a certain grade of quality to make it viable. Lithium is no different in this regard to making viable batteries. There is, as of yet, no known way to meaningfully increase the quality of lithium yielded from seawater extraction. High qualuty lithium, the like of which is needed for electric vehiles and other high-power demanding equipment, currently can only be extracted from the ground. Making cheap disposable lithium batteries for small devices like flashlights or other small electronic devices might however be viable via seawater extraction - though currently, the cost of this is entirely not economically viable at all as the investment cost would be astronomical and yield an extremely low quality product in return.
Oh ho.the scientists and researchers had no idea prior to your comment on how to extract lithium.... thanks for your insight though
@@ron-dr6up 😂
You are delusional.
If the lithium slurry is concentrated by water evaporation
sounds like you could use condensation to recapture some of that water and "re-inject " it into the soil somewhere needed
Also Chile Should Go With US Companies, Think Of That Long Long Coastline Where We Do Naval Landing Exercises 😏
An ecological disaster. Better to continue to produce petroleum products.
@@bngr_bngr 🙄🙄 EVERY Thing , EVERY Problem Is An Excuse For You To Keep Pumping Yourself For Oil 🙄🙄
@@danjohnston9037 at the moment we have enough fossil fuel for the next 500 years. We are not running out of oil. Electric cars all use petroleum products to get electricity. It’s not changing long term issues with global warming.
@@bngr_bngr not with DLE techniques
Dr. Kipping at the Cool Worlds Lab channel here on youtube did a fantastic analysis on lithium from the point of view of a scientist.
Since 2008, the Fed has implemented Emergency Monetary Policies of 0% interest rates and trillions annually in QE money printing! 14 years of Emergency Monetary Policies have created massive bubbles in stocks and housing markets. The Fed briefly raised rates to 2.5% in late 2018 and early 2019, but pivoted in July of 2019 BEFORE the “Health Crisis”. The Repo-Market imploded and the Fed returned to 0% and QE to infinity!
Now the Fed is pressured into raising rates because high inflation is undeniable! They have only raised rates to 2.5%, and stocks have started the collapse and housing is rolling over as we speak! Investors and pundits want the Fed to pivot again and return to Emergency Monetary Policies for 14 MORE years! 14 more years of Emergency Monetary Policies of 0% interest rates and QE money printing to infinity should go well! LOL
America was the wealthiest country in the world when we were on a Silver and Gold standard! Since the closing of the Gold Window in 1971, the Dollar became DEBT, and America is now “the most indebted country in world history!” We are now 30 trillion in debt. If interest rates were to NORMALIZE to 5%, just to SERVICE THE INTEREST ALONE on that debt is 1.5 trillion!
Solution
1 End the Fed and all Central Banks!
2 Return to Free market capitalism with NO Crony Capitalist/ Corporate Socialist bailouts and NO Fed Put market manipulation!
3 Return to a Sound Money Silver and Gold Standard like the Founding Fathers intended!
Who didn’t see this coming let’s be honest with ourselves
Hybrid and synthetic fuel. It's not a one solution. It has to be diverse
When the north America built more and more Lithium battery plants China could switch to solid state battery EVs.......then NA are holding the empty bag.
European Lithium doesn’t have this problem. Austria released Masterplan Rohstoffe 2030 so mining in the EU country has a moat, and grants being given by their Federal Govt. And they have trained workforce with university courses specific to mining much like Australia but in Europe! Austria has lots of water too.
What if all governments promoted work-from-home, lowering dependence/demand on cars for daily commute?
So Naive:
Many jobs ie..Research/Manufacturing/Service Jobs Require physical labor...!
@@oskarngo9138 Sure. Do you remember how traffic was during the COVID lockdown? How people actually got rid of extra cars, etc.? Promoting remote work will also kill a lot of commercial real estate companies, etc., but isn’t that the idea? There’s always going to be benefit vs cost, especially when we’re trying to address environmental issues. Trying to reach carbon-free economy will require accepting costs we are not accustomed to.
@@TK-ju2il
Reaching “carbon-free” is just an euphemism for killing off the poor...!
...because does the wealthy care about inflation/rising costs/etc...?
Australia is a large producer of lithium.😀
Hydrogen!
we need to mine the planet faster and deeper to save the planet - quick dig more faster
It simply doesn't make sense to keep such a valuable asset sitting parked using up precious limited resources in the middle of a supply chain crisis unlikely to ever improve due to global events and protectionists policies by governments for 95% of it's lifetime! and there will be very little profit in either, once they run out of rich people to give grants to & sell cars to, to maintain one of the worst social experiment ever inflicted upon humanity private car ownership by vested interests under the guise of freedom which resulted in millions of deaths both directly in accidents and indirectly by health effects and oil wars, more than the last 2 world wars.
We have to start using our precious resources much more efficiently and equitably Autonomous vehicles will help make it happen.
Not just replacing our current fleet of privately owned fossil fuel vehicles but replacing 25 privately owned vehicles with one electric RoboTaxi making our cities safer that people might actually feel safe walking cycling or using smaller Emobility. We have to embrace new technology if we are to evolve and improve our health, mental health, wellbeing & general quality of life
You're suggesting that a massive robotaxi can replace 25 private vehicles? Like a bus? Are you serious? I have to get to work by 9 and so do 24 other people in my neighborhood. This taxi is going to pick us all up and take us to work, individually or drop us all off and tell us to get to work from some midpoint?
And you don't think people are fighting wars over electric car resources? SMH.
The only truth in this world is “Scarcity”...!
Ie... there is simply Not Enough for everyone...
... Conflicts/Wars therefore is inevitable..!
..therefore most will/must die....!
solid state batteries are the future for vehicles and hydrogen for planes and anything carrying a load
Solid state batteries are still 10 to 15 years away.
Solid state is still using lithium
Tesla electric motors is not like how they said, isn't like how they advertised , not good motors friends
Hybrid vehicles is the solution. Not jumping to fully EV s from petrol engines skipping the bridge which is hybrid vehicles. Obviously demand for batteries will exponentially jump if ex one car maker makes fully EV 100 000 of them battrry packs slone weighs 500kg. Human stupidity and greed all over again... sad
Wonder how long before we hear about these countries needing freedom and democracy.
wsj, tell spacex to go mine lithium on the moon
USA has a lithium supply shortage. Lithium-ion batteries are in everything we use - in phones, laptops, tablets, cameras and increasingly cars. Demand for lithium-ion batteries has risen significantly in the past 5 years and is expected to grow from a $44.2 billion market in 2020 to a $94.4 billion market by 2025.
This is largely due to the boom in electric cars. Nearly every major automaker has announced a transition to electric vehicles
I truly hope EV sales collapse... EVs is literary a band-aid on the massive gaping wound that is global warming... The sooner we can stop focusing on cars as a solution for decarbonising transportation, the better. The real solutions are public transit and intercontinental HSR
Americans will only realize this when it's too late. What's disappointing are the liberals who keep pushing for EVs and calling anyone who opposes them Trumpers.
Found another WEF bot.
Israeli EV battery design is the best. It'll be available by the 2nd quarter of 2023..A big upward evolution of EV battery.
You've got jokes.
Look for lithium elsewhere. Even the bottom of the sea. Countries like Portugal also have something like that. If stupid countries do not want to participate in the lithium disruption then let the music play for the others.
We should focus on aestroid mining so that ev can really ecofriendly
They want a world without CO2 emissions ,but these batteries after years will be more dangerous for climate than CO2 ,so lithium batteries for electric cars are not good for environment.
Great subject ! 🇧🇷🇧🇷🇧🇷Brazil is not mentioned though this country 🇧🇷🇧🇷🇧🇷 is mining lithium as well
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CYBER TRUCK
I totally agree with what you are saying ....
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I'm a bit perplexed seeing Nate Flint been mentioned here also. Didn’'t know he has been good to so many people too.