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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