SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Politics of Energy
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: RetiredNow who wrote (3788)1/1/2009 5:16:12 PM
From: Hawkmoon  Read Replies (1) of 86356
 
We shut down many domestic operations for lithium production, most recently in NC, which is why we are not now a major source for it.

So, your idea of "investment" is to force US industry to invest in developing resources that are not cost competitive with cheaper, (but non-domestic) sources, putting that industry in a permanently subsidized situation. Spodumene based sources of Lithium also require processing with acid in order to release the Lithium, an environmental hazard (and economic cost) that also must be added into the cost factor:

en.wikipedia.org

Furthermore, you would also deny those developing countries the ability to sell their natural resources, depriving them of hard currency and the ability to purchase advanced technology from US corporations.

Hawk
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News