Nah, Chinese messed up spending so much to corner the lithium market, because we have now figured out how to cheaply extract it from seawater.
The researchers estimate that the cell would need only $5 of electricity to extract 1 kilogram of lithium from seawater, and the value of hydrogen and chlorine produced by the cell would more than offset the cost. Further, residual seawater could be used in desalination plants to provide freshwater.
I also still haven’t seen the XM-25 fielded yet. I was promised by the news and military commanders alike that every Infantry squad would have at least one by the time I had been in Afghanistan for three months.
And you probably won’t see a lot of it until we have a lot of desalination plants which we will need going forward. My guess it’s not profitable on its own but is in conjunction with those plants.
Some suppliers and businesses are now moving to certify they don’t get it from those sources, it should be mandatory, like we don’t allow importing ivory.
That’s not happening anytime soon. Nestle and others have positioned themselves for years now to ending child labour in their supply lines. Yet child slaves are still used in the farming of chocolate.