An optimist’s guide to the EV battery mining challenge

        July 26, 2024 Canary Media | Global | electric vehicles: battery

There are sufficient mineral supplies to fuel the EV revolution, especially with better battery chemistry, energy density (up 25% since 2015), and recycling. New mining could end by 2050 in a circular economy, with lithium peaking by 2038 and nickel/cobalt sooner. A one-time mineral extraction is about $1 trillion, equal to current annual oil extraction costs.