Steeles Royal

Massive Lithium deposit discovered…. In Iran

poker

Everyone's hero's, tell everyone's lies.
Jun 1, 2006
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Niagara

(Not the full transcript) (spend 3 minutes dammit!)

Iran Discovers a Huge Deposit of Lithium
by Peter Zeihan on March 9, 2023
The Iranians have stumbled upon what every Green dreams of...a massive store of lithium ore. If the numbers prove true, it would be the 2nd largest deposit ever discovered. But is it too good to be true?

Before I go crushing your dreams, I want to acknowledge that this is an exciting discovery, and it's obviously a good thing that we found more Lithium. However, it will be a while before this lithium moves the needle...if at all.

The lithium was found in a very inconvenient spot, so transportation is going to be a pain in the ass. If the Iranians want to process this stuff themselves, they'll have to build out the infrastructure from scratch. On top of all that, Iran's policy towards private & foreign investment is...less than friendly. So maybe we'll hold off on the lithium parties for now.
 
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jalimon

Well-known member
Jan 10, 2016
6,502
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Lithium... The next petrol?

Bolivia has immense reserve and, if they can avoid a war over it, is betting their future on it. Bolivia being Bolivia will they end up like Venezuela with Oil?

Canada has multiple projects, many in Ontario and Quebec, has it's expected that we will find very large reserve...

Australia is currently the biggest producer.

By the way Tesla is provided with lithium by Chiiiiina (prononced à la Trump 😷)
 

poker

Everyone's hero's, tell everyone's lies.
Jun 1, 2006
7,741
6,015
113
Niagara
Lithium... The next petrol?

Bolivia has immense reserve and, if they can avoid a war over it, is betting their future on it. Bolivia being Bolivia will they end up like Venezuela with Oil?

Canada has multiple projects, many in Ontario and Quebec, has it's expected that we will find very large reserve...

Australia is currently the biggest producer.

By the way Tesla is provided with lithium by Chiiiiina (prononced à la Trump 😷)
Chile is actually the largest producer…. Australia got knocked down to # 2
 

y2kmark

Class of 69...
May 19, 2002
19,064
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Lewiston, NY

(Not the full transcript) (spend 3 minutes dammit!)

Iran Discovers a Huge Deposit of Lithium
by Peter Zeihan on March 9, 2023
The Iranians have stumbled upon what every Green dreams of...a massive store of lithium ore. If the numbers prove true, it would be the 2nd largest deposit ever discovered. But is it too good to be true?

Before I go crushing your dreams, I want to acknowledge that this is an exciting discovery, and it's obviously a good thing that we found more Lithium. However, it will be a while before this lithium moves the needle...if at all.

The lithium was found in a very inconvenient spot, so transportation is going to be a pain in the ass. If the Iranians want to process this stuff themselves, they'll have to build out the infrastructure from scratch. On top of all that, Iran's policy towards private & foreign investment is...less than friendly. So maybe we'll hold off on the lithium parties for now.
They should wait for an earthquake to shake some lose...
 

oil&gas

Well-known member
Apr 16, 2002
13,398
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Ghawar
Watch out for an invasion in the future by US/NATO with stated reasons of securing peace, ensuring Israel's future and liberating the people of Iran and bringing democracy to the state.

Actual reason: Lithium :ROFLMAO:

That won't happen. NATO or at least the EU segment of it is to be
significantly weakened by the Ukraine war. Iran will go under the protection
of China and Russia through world's transition to renewable energy.

I am more optimistic about the energy future of the U.S. than Europe.
I think it will manage to get its share of lithium and other natural resources
essential to renewable energy infrastructure in Iran and Afghanistan even
if they are guarded by China and Russia.
 

John Wick

Baba Yaga
Oct 25, 2019
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Lithium!? I'm working on a thermal energy solution to power the universe for billions of years using nothing more than the vast quantities of hot air being randomly spewed daily by a few select Terbites. I'm dubbing it Terbalthermonuclear energy. Totally untapped source of wasted energy.
 
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Ceiling Cat

Well-known member
Feb 25, 2009
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There is a great demand for lithium to make batteries for electric cars and portable devices like computers. I have bought lithium stocks in the last couple of years and made some money, but I am careful because there is talk of a solid state battery that may not require lithium. Even if lithium demand continues to grow, this new deposit in Iran will be difficult to get out. It will take at least 10 years to develop this new find. Even then all of it will be sold to China because of western sanctions.
 
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jalimon

Well-known member
Jan 10, 2016
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Lithium!? I'm working on a thermal energy solution to power the universe for billions of years using nothing more than the vast quantities of hot air being randomly spewed daily by a few select Terbites. I'm dubbing it Terbalthermonuclear energy. Totally untapped source of wasted energy.
I was sure I was about to read 'spewed by cow farts' but in some instance it's about the same 😷
 

poker

Everyone's hero's, tell everyone's lies.
Jun 1, 2006
7,741
6,015
113
Niagara
Lithium!? I'm working on a thermal energy solution to power the universe for billions of years using nothing more than the vast quantities of hot air being randomly spewed daily by a few select Terbites. I'm dubbing it Terbalthermonuclear energy. Totally untapped source of wasted energy.
You, Private Gump, are a god dam genius!
 
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y2kmark

Class of 69...
May 19, 2002
19,064
5,441
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Lewiston, NY
Lithium!? I'm working on a thermal energy solution to power the universe for billions of years using nothing more than the vast quantities of hot air being randomly spewed daily by a few select Terbites. I'm dubbing it Terbalthermonuclear energy. Totally untapped source of wasted energy.
Thot that would mostly yield high methane content natural gas. Same environmental impact as cow farts...
 

johnd5050

Well-known member
Jul 6, 2012
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Iran will have new global friends. The opportunists .Your guess is good as mine.
 
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