Lithium Shortage Set To Strike In 24 Months!

“The world faces potential shortages of lithium and cobalt as early as 2025 unless sufficient investments are made to expand production.” – IEA special report on The Role of Critical Minerals in Clean Energy Transitions

We’re facing an energy crisis. Only, it’s not a traditional one with oil or natural gas.

While this new crisis is brought on in large part by the transition to EVs, a shortage could have a widespread effect, as many electronic devices use a similar lithium battery.

As auto giants such as GM, Ford, Volkswagen and others have pledged to transition to 100% EVs by 2035, lithium companies are scrambling to get mines into production.

Some companies have gone as far as to try and effectively “steal” mines with high production potential.

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