Lithium discovery in US volcano could be biggest deposit ever found::Find could point to new ways to prospect for material in high demand for batteries.
Lithium discovery in US volcano could be biggest deposit ever found::Find could point to new ways to prospect for material in high demand for batteries.
If the mining company doesn’t make enough $$$ they won’t do it and will just go somewhere else that makes $$$. You cut out 50% profit and it makes it a pretty easy decision to avoid US mines and go to other countries.
Ultimately they are for profit businesses that will focus their investment on where they can make the most profit. It’s sort of like how fracking for oil is only done once it reaches a certain price per barrel. Before a price point, it’s not profitable. After, it is.
50% profit reduction is a huge decrease. Would make virtually any other mine in the world more profitable.
Eh, if they fail, that just means they don’t get to poison the earth and groundwater while stealing resources from the ground, sounds like a win-win to me.
No, they still will. And we will still buy the lithium to run our phones and laptops.
It’s just we will export the damage to 3rd world countries instead.
I believe change needs to start locally, and if we rise up and challenge capital interests, maybe other countries can too.