Why aren’t lithium prices soaring? Pipeline Online columnist and U of R professor Jim Warren wonders.
(On this note, there were several recent developments in the lithium and helium space in Saskatchewan in recent weeks. Watch for upcoming stories.)
And drilling is just starting to get going in the new year, with Just eight rigs drilling in Saskatchewan on Jan. 2

IF EVs are all the rage…
I heard they are Smokin Hot!
https://www.nbcconnecticut.com/news/national-international/cargo-ship-carrying-burning-lithium-ion-batteries-kept-offshore-of-alaska-port/3181768/
In commodities the cure for high prices is always high prices …. ie folks are encouraged to find and produce more and then the price corrects.
… because the NEW Joe Biden EV tax subsidy laws require USA sourcing of battery materials. Sorry Canada … can’t use YOUR Lithium … just USA Lithium. So go make make your own Teslas! Hahahaha ha ha ha ha
Tesla stock continues to rock so it must be a supply side issue with lithium rather than a demand side of EVs. Non-Tesla EVs are a big problem, however. An example is the Taycan, by Porsche, the most rapidly depreciating Porsche money can buy.
Kenji, the largest lithium resource in North America is in Oregon, which I believe is still in the USofA. America also has lots of nickel. All it needs is to get the environmentalists out of the government orgs that issue mineral exploration permits.
The proposed nickel mines in Northern Minnesota are fighting it out in the courts, trying to get their permits. I don’t think they will succeed.
I suppose it’s easier to go to some third world country and bribe the leaders instead?
I thought MN … is a third world country?
Minnesota Mining and Manufacturing. You think they would appreciate their roots.
Minneapolis is a third-world country by itself. The rest of Minnesota is quite pleasant and sane. But the Mpls metro area has over 51% of the state’s population.
..that’s the way Canadian mining companies have operated for decades and decades..
…that’s because Lithium mineral occurrences and deposits are relatively common, all across the World…
The biggest consumers of lithium per ton goes into EV batteries…they are not selling…even the more affordable used ones are not moving…
EV’s are the new dirigeables, destined to disappear.
https://cleantechnica.com/2023/12/22/whats-up-with-used-electric-cars-not-selling-well-good-takes-vs-bad-takes/
And Toyota says it’s got something new that will kill the EV.
https://www.youtube.com/watch?v=rTawvzH0MQ4
… and this guy says Toyota’s bullshitty propaganda piece is nonsense …
https://youtu.be/vJjKwSF9gT8?si=077DqrMcSt-3gvYG
He is right that hydrogen overall is still a challenge and I personally believe conventional fuels are still the best but at least hydrogen R&D is a good path forward even if I still solidly believe that CO2 émissions are not an issue at all and the whole exercise to get away from fossil fuel is futile and moot, EV is totally a dead end that would pollute the planet more than anything beneficial,,,that lithium should be kept for better uses, power tools and the like.
Hydrogen? I’d listen to Sabine Hossenfelder:
https://www.youtube.com/watch?v=Zklo4Z1SqkE&t=255s
“… and this guy says Toyota’s bullshitty propaganda piece is nonsense …
https://youtu.be/vJjKwSF9gT8?si=077DqrMcSt-3gvYG”
I saw that video a few months ago. My problem with it is that I have to believe Toyota’s many engineers and scientists would have figured out ways to mitigate any such issues, given the amount of time they have been working on this. Toyota is the largest and most successful car company *in the world*, are they not? And this YouTube guy thinks he is smarter than all of those Toyota employees combined? He thinks that all the people out there who now own hydrogen-powered vehicles (they put a fueling station in at my local gas station last year) would not be LOUDLY PROTESTING if they weren’t able to drive their cars more than 50-100 miles at a time?
Sorry, not buying it. 400 miles seems like a pretty good range to me, especially if you can refuel in a matter of minutes and be back on the road for another 400 miles.
10,000 psi storage tanks for the highly flammable Hydrogen fuel????!!!!! And you thought Tesla’s were rolling funeral pyres …
On the one hand, 10,000 psi won’t stay 10,000 psi for long as the permeability of hydrogen through most materials is high and it leaks out.
I’m more concerned about some impatient person having a refueling accident. Releasing high purity high pressure hydrogen has enough energy to ignite without an ignition source. And kablooey!
The problems with it are well known, since at least 2003 when Ford when down the ICE-Hydrogen road.
“The problems with it are well known, since at least 2003 when Ford when down the ICE-Hydrogen road.”
That’s true, but most engineering progress comes from failure, not success. The problems with EVs were not well understood in the beginning either. I like plug-in hybrids myself, despite the fact that the EV fanboys call them “the worst of both worlds”. Fuel cells have gotten 100% better recently, and I do like the idea of onboard hydrogen generation as well.
And then there is this:
A Chinese EV company developed a battery with a 1,000km range — and its CEO tested it out on a 14-hour livestream
https://www.businessinsider.com/nio-has-developed-ev-battery-with-a-1-000km-range-2023-12
Thinking no way, no how, there is no way that there is 1000km in a car battery.
Gotta see it to believe it.
I’m with you Vito, a Chinese story to boot. How much does that battery weigh, 2 tons?
And 14 hours to do 1000 Kms is 72 clicks per hour…did they use any highways for at least 100 or went slow to save power?
Vito,
You should always take any Environmentally Innovative Chinese Communist Businessman at his word. You can trust them with your life and your life’s savings too!
After all? If I have learned anything in the last 30 years, the two most honest groups of business people are environmentalists and Chinese Communists.
I cannot tell if Jim Warren is incriminating the USA for the Canadian low prices or stating facts as academic’s are prone to do sometimes – dunno. Facts are facts, nobody wants an EV for a truck load of reasons (all good) and unless mandates are enforced at gun point they won’t happen. Governments will invent another scam soon to replace the failure of the EV that saved the world.
Been there…done that
https://www.caranddriver.com/news/a36753781/honda-clarity-fuel-cell-phev-dead/