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There's got to be only one way Lithium is heading as a commodity and that's north. A lot of prospects for lithium as demand grows. Hear on the news constructing new mines here in Australia...Check out Report from Fat prophets;[URL unfurl="true"]https://www.fatprophets.com.au/wp-content/uploads/2022/06/Lithium-report.pdf?utm_medium=email&utm_campaign=EOFY%2022%20-%20lithium%20report&utm_content=EOFY%2022%20-%20lithium%20report+CID_7c1a1c5f2c009a91ec1a8548d7f8fba4&utm_source=Campaign%20Monitor&utm_term=VIEW%20REPORT[/URL]Lithium; short-term noise long-term poiseThe debate on global warming has now just about passed, with the verdict that the useof carbon based energy sources to generate the worlds’ current and future energy needsis causing harm. As a result, the emergence of winners and losers in the energy complexis slowly starting to take shape, which will see the more traditional energy sourcesmoving away from centre stage and be replaced by new age energy sources. Rightthroughout this period and beyond one thing is certain, the world will still need togenerate energy.One commodity in lithium, has stepped into the energy complex mix in a major wayover the past six years. This early step up by lithium has been driven by the autoindustry, as it now moves away from carbon powerplants to carbonless powerplants formainstream production lines. The following pie charts shows the forecast impact of thisswing on the demand for lithium out to 2030:[ATTACH=full]142663[/ATTACH]The demands on lithium from E-transportation, primarily, reached 306,000 tonnes in2020, with the electric vehicle (EV) sector making up just 44%, of the demand forlithium. As Members can see from the above charts, E-transportation in just nine years isforecast to expand to 86% of lithium demand and push traditional markets back to just10%. In lithium tonnage terms, the forecast for 2030 stands at 2.4 million tonnes, andequates to a compound annual growth rate of 23.6%. Under this growth scenario, by2030 there will have to be some 39 Allkem size producers spitting out lithium.
There's got to be only one way Lithium is heading as a commodity and that's north. A lot of prospects for lithium as demand grows. Hear on the news constructing new mines here in Australia...Check out Report from Fat prophets;
[URL unfurl="true"]https://www.fatprophets.com.au/wp-content/uploads/2022/06/Lithium-report.pdf?utm_medium=email&utm_campaign=EOFY%2022%20-%20lithium%20report&utm_content=EOFY%2022%20-%20lithium%20report+CID_7c1a1c5f2c009a91ec1a8548d7f8fba4&utm_source=Campaign%20Monitor&utm_term=VIEW%20REPORT[/URL]
Lithium; short-term noise long-term poise
The debate on global warming has now just about passed, with the verdict that the use
of carbon based energy sources to generate the worlds’ current and future energy needs
is causing harm. As a result, the emergence of winners and losers in the energy complex
is slowly starting to take shape, which will see the more traditional energy sources
moving away from centre stage and be replaced by new age energy sources. Right
throughout this period and beyond one thing is certain, the world will still need to
generate energy.
One commodity in lithium, has stepped into the energy complex mix in a major way
over the past six years. This early step up by lithium has been driven by the auto
industry, as it now moves away from carbon powerplants to carbonless powerplants for
mainstream production lines. The following pie charts shows the forecast impact of this
swing on the demand for lithium out to 2030:
[ATTACH=full]142663[/ATTACH]
The demands on lithium from E-transportation, primarily, reached 306,000 tonnes in
2020, with the electric vehicle (EV) sector making up just 44%, of the demand for
lithium. As Members can see from the above charts, E-transportation in just nine years is
forecast to expand to 86% of lithium demand and push traditional markets back to just
10%. In lithium tonnage terms, the forecast for 2030 stands at 2.4 million tonnes, and
equates to a compound annual growth rate of 23.6%. Under this growth scenario, by
2030 there will have to be some 39 Allkem size producers spitting out lithium.
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