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So that’s the value at current prices? What happens when the price crashes due to the addition of this deposit to the pool?
Submitted 1 day ago by Lemmynated@lemmy.zip to technology@lemmy.zip
So that’s the value at current prices? What happens when the price crashes due to the addition of this deposit to the pool?
The price would only crash if supply outstrips demand. The demand for lithium is pretty consistently increasing, and this deposit is currently providing no supply. If/when they start mining it, it’ll also not instantly dump the whole deposit into the market. So this won’t crash the value.
Isn’t this in the same location.or.near to where those buffalo’s were that trump wants to displace?
acido@feddit.it 1 day ago
they gonna bomb themselves now?