Views from Rincon Lithium and Western Lithium
Some see lithium as the oil of the 21st century: it is crucial to power advanced electric vehicles. Lithium carbonate resources are large but the production is limited to just a handful of companies in two different locations. This raises issues of security of supply amongst many within the automotive industry. Many players fear that they will face increasing prices from lithium suppliers.
This is the background to the two presentations from Rincon Lithium and Western Lithium during the EV Li-ion Battery Forum last week. They wanted to alleviate these fears and to explain that reserves and prices will not prevent EV based business from penetrating the automotive market.
[Source & Read More: Cars21]
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