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by simondotau
1366 days ago
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The limiting factor on lithium isn't raw material availability or extraction, it's refinement. Approximately 80% of the world's lithium refinery capacity is located in China. Nobody is refining lithium at scale in North America, so I'd say it's obvious why nobody's rushing to pay American-level salaries to suck it out of wells in Texas. Tesla has expressed interest in developing a lithium refinery in Texas, so we might see some hoses drinking from those old wells soon enough. |
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