AVEVAI introduces IONA e-LCVs with more than 300 km range; supercapacitor-battery hybrid technology
CityFreighter and XPO Sales strategic partnership; LOI for 100 CF1 electric Class 4 Trucks for Q1 2020

ADEME / IFPEN study examines non-geological risks in the security of lithium supplies based on electrification of global car fleet

ADEME, France’s Environment and Energy Management Agency, carried out a study with IFP Energies nouvelles (IFPEN) on the dynamics of lithium supply and demand, based on different scenarios for the electrification of the global car fleet by 2050.

The lithium market continues to grow; in 2015, the market grew by 5% a year, and supply will have to increase sharply to meet future demand.

Carte-du-monde-USGS-2017

Distribution of reserves (dashed circles) and world primary production (solid circles) with the main companies present on current production sites and on-going projects. (Source: USGS, 2017)

According to the scenarios developed in this study, a high penetration of electric vehicles worldwide (up to 75% of the stock of vehicles in 2050) would not entail a geological supply risk, as reserves are sufficient in the long run.

On the other hand, this could lead to a marked decrease in the safety margin of lithium supply—the ratio between the cumulative consumption and current reserves—and a possible significant volatility of lithium prices by 2050.

More generally, vulnerabilities economic, industrial, geopolitical or environmental issues are still possible.

Production is currently concentrated between Australia (40%), Argentina and Chile (50% between them). The latter two countries belong to the lithium triangle (Argentina, Bolivia and Chile), which represents about 55% of the world’s resources. The strategies of these 3 countries will have a decisive weight in the medium- and long-term capacity to supply lithium to industrial players, especially in Europe.

Further, vulnerabilities could emerge from increased competition among lithium buyers. China, which has put in place a policy of security of supply, will have competitive advantages and will be able to favor its internal market to the detriment of the importing countries. Developments in China’s trade policy will therefore become an essential parameter of the market, according to the report.

Comments

SJC

Make flex fuel PHEVs then distribute flex fuel.

Lad

The news here is the huge new markets and jobs created by the transition to clean energy; Yes, some in the fossil fuel related markets will lose their jobs, but, I believe new jobs will outnumber the loses. The countries slow to make the transition, sadly like the U.S. under Trump and the Republicans, will be left in the economic dust.
China gets it; Europe gets it; Russia doesn't and the U.S. is currently politically hamstrung.

Scarlett Smith

Lithium is one of the rarest available minerals on Earth, and most of the products are found in the form of brine's or hard-rock ores which is found in different countries such as Chile, Australia, USA and Chine.
And according to me It is good to invest in lithium stocks as I saw it is a trending stocks and lithium stocks is safe for long term investment also: https://kalkinemedia.com/blog/7-lithium-stocks-gxy-pls-ajm-lit-kdr-cxo-and-min/

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Your Information

(Name is required. Email address will not be displayed with the comment.)