"59 new lithium mines, 38 new cobalt mines, and 72 new nickel mines are needed for electric vehicle production.
We're all rooting for green energy, right? Yeah. But there's a reality check that's needed. According to the EIA by 2030, existing mines and projects under construction will only be able to produce about half what's needed to satisfy demand for electric vehicle production. And it's worth noting that the lithium mines, for instance, took an average of 16 years to develop. And by the way, those mines all operate on diesel, right?" Bob Fraser https://www.thebillionairepodcast.com/89
