While there’s enough nickel in the ground to support a major EV ramp up, there are not enough planned mining projects or processing facilities to make the type of high-grade nickel that’s needed for EV batteries.
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I can har AOC now...."all we have to do is have the U.S. Treasury quit making dimes and quarters, and make more nickels"
ReplyDeleteL.O.L.
Delete😇😂😉😊😎
Mining for nickel is bad for the planet, so we'll have to import it from China. We all know that whatever China does is GOOD for the planet.
ReplyDeleteThis is not quite true. There are plenty of entities attempting new mines; however, Bidet and his admin are disapproving new permits and even cancelling old licenses. Twin Metals Minnesota just had 2, 50 year old licenses cancelled which kills a proposed mine that would have produced nickel, cobalt, copper, and platinum group metals, all of which are needed for electric vehicles.
ReplyDeleteThey should ask for a license to drill for electricity. Bidet will approve.
DeleteUp here in Maine, the watermelons have made it virtually impossible to mine anything, so it's rather interesting to me to read about mining the world over.
ReplyDeleteMining CEOs have been trying to tell these watermelons (green on the outside-red in the inside) that their plans for EVs are not feasible due to the lack of the essential minerals needed.
Right now, prices for nickel, copper, lithium, and rare earth minerals are going through the roof due to the shortages.
More here @ https://www.mining.com/
I thought you were talking about some BLM bullshit....watermelons.
DeleteHandy,
DeleteWhat's interesting to me is that Maine has one of the largest hard rock deposits of lithium...in the world. But not one milligram will ever be extracted for one of the reasons you commented about.
"Maine has one of the largest hard rock deposits of lithium"
DeleteGood news for all them bipolar mooses.
That's what happens when you let politicians make policy out of hot air instead of grounding it with a foundation of solid engineering.
ReplyDeleteI don't think the liberal loonies will allow any type of mineral extraction here; gas or nickel. You better soon be happy with your non-gas burning Mustang, the four legged kind.
ReplyDeleteAdmittedly I did not read the entire linked article. Getting past the lawyer that had concerns about the nickel in the ground getting into ground water was enough to convince me that this is a slanted puff piece so I gave it a turn signal. Canada has one, if not #1, of the largest deposits of nickel ever discovered on Earth, near Hudson bay. The Aussies have quite a bit down under as well. After the LME cracked down on speculators that were articially driving up the price about 20-25 years ago (place a futures contract, never take delivery, re-purchase that same contract at a higher price) the price of nickel plummeted.
ReplyDeletePuff/scare piece of speculative not-quite-journalism on CNBC's part.
I hear the price of nickel has jumped 90%.
ReplyDeleteOhio Guy
I found an interesting article......
ReplyDeleteA $100,000 Tesla with a $22,000 battery......
replacement.....now might cost $270,000 for a battery.
https://clifhigh.substack.com/p/vox-populi-legislator-be-advised-96a?s=r
Ed357
Oldvet1950. I think the watermelons you're thinking of are actually milkduds.
ReplyDeleteIt's not just the nickel, but cobalt too. Neither is environmentally friendly to mine, and a lot of the cobalt, specifically cobalt from Africa, is the product of child labor. Those cobalt mines do not worry about the environment, worker safety, and in some cases, actually paying their workers. But because it's taking place on another continent and is out of sight of the Watermelon Environmentalists, it will be totally ignored.
ReplyDeleteI had a couple of things to say about nickel: https://pergelator.blogspot.com/2022/03/dudinka-norilsk.html
ReplyDeleteY'all might find this interesting.
ReplyDeleteScroll down for the chart.
https://oldnfo.org/2022/03/17/what-it-takes/
I know, just declare other metals are now nickel.
ReplyDeleteHow to remove 50 Million cars (the pollution anyway) - remove one of 90,000 supertankers.
ReplyDeleteRemoving 20 supertankers and all that bunker oil 2000x sulfur content than diesel = all the pollution from all autos.
Not a fuking typo - 20 tankers pollute that much...
These "experts" are fucking stupid.
Or it's intentional.
Either way, they have to go.
ch
Can't find the link, happens when you bookmark so much shit to be able to back up posts for idiots (not you guys!), but I read an article by an engineer that showed there is not enough resources readily available and in some cases in total, to replace all the gas cars in just the state of Minnesota, little alone the country or world.
ReplyDeleteFucking pipe dream.
And like others have said about the resources many countries have locked down, Europe sits on top of some of the largest natural gas fields but refuse to access it.
They also shut down many of their nuke plants back in the last earth day craze.
From mining to the operational power grid to the junking yard - NOTHING has been planned out and explained as to exactly how this will be done. OR that it will raise taxes. OR how soon the electricity subsidy will be revoked to make it much more expensive to power up.The usual and customary gov answer is - I'll circle back to you later. I must eat my ice ream, take a nap and go to my third mansion at the ocean for a weekend or so. Your mileage won't vary much.
ReplyDelete