(August 18, 2021 at 7:28 am)onlinebiker Wrote:(August 18, 2021 at 5:33 am)BrianSoddingBoru4 Wrote: Then maybe you should have read the whole thing before you pushed the panic button. From the same article:
If the Chinese spent $3 billion on copper mining and got nothing for it, what makes you think they'll do any better with lithium? It looks as if the Chinese would have to essentially re-build Afghan infratructure to get anywhere, which will likely be prohibitively expensive, even for them.
Boru
Never underestimate a profit motive.
Copper isn' t as lucrative as lithium.
Recent price per kg (in USD):
Copper (average): 9.42
Lithium carbonate (the kind most of the batteries are made from): 9.39
Cost for refining (average):
Copper: 124/tonne
Lithium: 4000/tonne
Boru
‘I can’t be having with this.’ - Esmeralda Weatherwax