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Tesla Warns of Upcoming Global Shortage In Battery Minerals.
Tesla warns of upcoming global shortages in battery mineralsLeading electric vehicle (EV) manufacturer Tesla has warned a global shortage of battery minerals could be on the horizon due to underinvestment in the mining sector, according to sources at a closed-door mining conference in Washington, United States.
Two unnamed sources at the event told Reuters that Tesla global supply manager for battery metals Sarah Maryssael forecasted looming supply challenges for the metal components used to make EV batteries, which include nickel, copper, lithium and cobalt.
Ms Maryssael also reportedly said prices for these key metals could increase exponentially as a consequence of the supply constraints.
A Tesla spokesperson later said Ms Maryssael’s comments were industry-specific and referred to a long-term expectation rather than an immediate consequence.
Tesla’s views have aligned with previous projections made by manufacturers including Ford, Toyota and BMW, which have called for the automotive industry to invest directly in battery metals mines to ensure supply over the next three to five years.
Two unnamed sources at the event told Reuters that Tesla global supply manager for battery metals Sarah Maryssael forecasted looming supply challenges for the metal components used to make EV batteries, which include nickel, copper, lithium and cobalt.
Ms Maryssael also reportedly said prices for these key metals could increase exponentially as a consequence of the supply constraints.
A Tesla spokesperson later said Ms Maryssael’s comments were industry-specific and referred to a long-term expectation rather than an immediate consequence.
Tesla’s views have aligned with previous projections made by manufacturers including Ford, Toyota and BMW, which have called for the automotive industry to invest directly in battery metals mines to ensure supply over the next three to five years.
Don't worry. Be Happy.
We're doing great, and we'll all drive electric cars powered by the sun "by 2050." Well, not all of us. I, for instance, will be dead, as will a large fraction of the people who have bet the planetary atmosphere on this stuff.
It's stuff.
However, future generations will just love us.
Or maybe not.
Maybe they'll hate our guts for betting the planet on consumer junk that didn't work, isn't working, and won't be working in their time. Maybe they'll hate us for leaving them no resources and an intractable and untreatable pile of waste everywhere, on the land, in the water, both saline and fresh, and in the air.
Could happen.
We are now at more than 414 ppm of the dangerous fossil fuel waste carbon dioxide in the planetary atmosphere. No one now living will ever see a level of less than 400 ppm, although Bill McKibben will continue to promise us "350 or bust!"
