'We don’t have enough' lithium globally to meet EV targets, mining CEO says
“Yes, we’ll [eventually] have enough, but not by that time,” Keith Phillips said, CEO of Piedmont Lithium (PLL) . “There’s going to be a real crunch to get the material. We don’t have enough in the world to turn that much [lithium] production in the world by 2035.”
Piedmont Lithium is looking to cash in on the demand, as one of only a handful of U.S.-based lithium miners. On Thursday, the mining company announced plans to open a lithium processing operation in Tennessee, with construction set to begin in 2023.
“Energy security is a national issue,” Phillips said. “I think you'll see companies that are thinking about battery plants in different parts of the world or lithium conversion plants coming to America because this investment tax credit will be very valuable…The market opportunity is huge.”
What other industries will be affected by the lithium industry except the electric vehicle industry?
$Piedmont Lithium(PLL.US$ $Tesla(TSLA.US$ $Ford Motor(F.US$ $NIO Inc(NIO.US$
“Energy security is a national issue,” Phillips said. “I think you'll see companies that are thinking about battery plants in different parts of the world or lithium conversion plants coming to America because this investment tax credit will be very valuable…The market opportunity is huge.”
What other industries will be affected by the lithium industry except the electric vehicle industry?
$Piedmont Lithium(PLL.US$ $Tesla(TSLA.US$ $Ford Motor(F.US$ $NIO Inc(NIO.US$
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三萬投資理財 : Not enough lithium! Because the production of lithium resources is the main country is not the United States!
DoreeneyOP 三萬投資理財:
