[jseliger]

1. There are enormous lithium reserves already: https://scholar.google.com/scholar?hl=en&q=total+lithium+res... and likely much more that we don't know about.

2. Lithium is recyclable. At the moment processes for doing so aren't that good and the cost of Li isn't high enough to justify recycling, but the first one will almost certainly change and the latter one may.

3. The big bottleneck right now isn't raw lithium—it's converting the raw lithium into useful batteries.