How Lithium Producer Albemarle Took Over The EV Industry

So i might be wrong but i read an article about lithium being a side product of desalination plants. Its still hella expensive but its definitely a way to finance it.

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Residential battery storage is really taking off. Tesla Mega battery packs are also doing well. VR power utility companies in the future. Solar and battery packs will keep costs/kwh at EV charging stations

Me and my father purchased around 50k worth of Albermarle stock back in 2020. We are bullish on EVs in the coming decades !

Exciting future.

@CNBC 9:00 "miles... feet" please include metric unit measurements in your video.

Recycling batteries is lucrative and smart because battery grade lithium is difficult to create. 99.9 percent can be reused infinitely from recycled batteries. Mining will boom but the long term value is companies that dominate the recycling sector. Investment idea's? Find a good battery recycler now.

Went to 60k per ton not 600k. Someone’s smoking something very strong

If not for Tesla, Albemarle would not be what it is today. Tesla paved the way for other companies to get into EV or bankrupt.

Didn't even discuss direct lithium extraction. This is about as important as fracking is to oil and gas.

Model Y sales from 2021 up 91%. First quarter 2023 Model Y worlds number 1 vehicle AND it’s an EV!!! Passed Toyota Corolla which has a MSrP of $21,000. Model Y surpassed Ford truck sales!! Electric vehicles are becoming huge success as low maintenance and 500,000 plus mile batteries. Gas prices will continue to rise.Batteries from cars have made GRID STORAGE BATTERIES competitive. Use of solar and wind at night. Hawaii already over 30% renewable due to private rooftop solar. I save $600/month on gas and home electricity with my solar/powerwall/EV. I can not control healthcare costs but can control energy costs. Micro grids vs macogrids in the future. V2G is the future.

Hmmm however, Albemarle does not have access to what appears to be the largest Lithium deposits (brine) in the Salton Sea area of CA. If not, how well positioned are they?.....

Hear hear. (previous comment). It would be great to start to use alternate chemistries in a big way for static applications and leave the Li for mobile applications. All these alternate chemistries need is market share to be cheaper than Li batteries as they are made from cheap, readily available elements. Besides, they have some definite advantages over Li batteries. They last a lot longer than Li batteries, they can be cycled between 0 and 100% with no damage and hence you get to use the full capacity of the battery and don't need special electronics to always have the battery partially charged and never fully charged, they are completely safe from a fire point of view, they would be easier to recycle as they don't use the difficult Rare Earth Metals, they don't self discharge and on and on it goes. There are two types of ZnBr batteries, Liquid metal batteries based on Sb and Ca (so far), a range of Fe and V flow batteries and the up and coming Na batteries.

Whatever the form of batteries we make, it’s just a method to store energy. The energy to be stored there has to created by some method and nuclear is the cleanest of them all.

Hopefully battery technologies now in development and using different chemistry will reduce the need for some of these scarce elements so they don't become a bottleneck in the widespread adoption of EV's. We haven't gained much if in our drive toward green energy sources we destroy the environment with these extractive industries in the process.

Seems like a strong buy for investors now. Price has dropped alot with reduced inflation.

Norway is truely an example of having a state owned corp partner with foreign private companies to gain expertise and then help process the products there instead of exporting it to the United States or other places for more money. I'm glad Chile is forging it's own path forward to help their own people and economy

And still people are terrified of the stock.

Somewhere there is a guy cussing out the Lithium miners for ruining his favorite fishing hole.

This massive