This statement is false: “Studies from 2009 to 2015 concluded that sufficient battery raw materials such as lithium, cobalt, nickel, manganese, and graphite are available for global electric mobility [16–19]. Global occurrences tend to significantly exceed forecasted demand, even if, for other application areas, the need for raw materials continues to increase through more demand.“*
*Fraunhofer ISI (2020): Batterien für Elektroautos: Faktencheck und Handlungsbedarf, p.13
As interest in lithium is still relatively new, the results of quantifications are still changing greatly.
The resources identified by the United States Geological Survey (USGS) are a good example. Estimates of global lithium resources increased from 25.5 million tons in 2010 to 80 million tons in 2020. Reserve estimation nearly doubled from 9.9 million tons in 2010 to 17 million tons in 2020.
It becomes clear that lithium resources are increasing as mining exploration progresses.
- U.S. Geological Survey, Mineral Commodity Summaries (2010): LITHIUM
LITHIUM – U.S. Geological Survey, Mineral Commodity Summaries (2020): LITHIUM
In addition, battery researchers are already concerned with alternatives with no or less lithium, which have a greater energy density, are more durable, and allow faster charging.