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Drachefly t1_is21ftz wrote

If the price of Lithium goes up by a factor of 1.5 another big mine in another country becomes profitable to run. If it goes up by a factor of 3 it becomes economical to extract it from seawater.

There is a limit to how bad this price can get, in the medium-long term. You can have price spikes. If those are projected to continue, production will increase and the price will come down.

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