Lithium outlook bright with auto electrification - lithium ion batteries for sale
Washington, October 27 (Reuters)
Demand for lithium will increase over the next decade to produce lithium
The ion battery needed to power the next generation of electric and electric hybrid vehicles.
"I think the future of transportation and energy is electrified and smart grid.
You need some drivers in order to really achieve the electrified, and we saw these catalysts in Beijing today. . .
In Washington, as far as energy independence and "green" air quality requirements are concerned, "said Jay chermeauskas, president of West lithium. WLC.
Will it happen?
Yes, it will, but where is the inflection point?
I think from what we have seen, this is the next five to ten years, "he said in a panel discussion at the key and strategic metal management supply chain risk meeting in Washington last week.
The ability to be light-weight, energy-efficient and fast-charging should drive demand for lithium in the automotive industry
Ion batteries used to demand other metal batteries such as lead, nickel and cobalt.
"We recognize that lithium may be the holy grail of electric vehicles and a variant of electric vehicles," said David L . "
Trueman, consulting geologists at Avalon Rare Metals
The United States accounts for only 3% of the world's lithium production, but with the support of a $2 billion government stimulus program, suppliers of this small metal are betting that electric battery technology will be adopted in the future transportation industry.
Chmelauskas of Western lithium said his company's deposits in King's Valley, Nevada could be one of the world's largest strategic, scalable and reliable high-margin sources
High quality lithium carbonate.
"Our vision is to supply the North American market and support all the stimulus money. . .
The technology has invested billions of dollars and we believe that the future of lithium-ion batteries in electric vehicles will certainly bring many opportunities, "he said.
Bolivia has about 50% of the world's lithium reserves, about 5.
4 million tons.
As industrialized countries make progress in reducing their dependence on fossil fuels and reducing greenhouse gas emissions, the electrified of automobiles is an inevitable goal.
"In the long run, our goal is to achieve transportation and mobility around the world.
Regardless of the source of the electrified, we will have an electrified transport sector, "said Aaron Verona, executive director of the International Lithium Alliance. " It's only a matter of time before all cars are powered on.
Lithium is by far the best electronic transmission for charging and charging batteries.
"If the future is electric. . .
It's probably lithium in the future.
(Chris Kelly reports;