Post #6720 by newfydog on the Berkshire Hathaway board

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I see that lithium prices have plunged 5-10 fold since the first of the year. The glut is attributed to slowing of the Chinese EV market, but from a geologist's point of view, the markets always underestimate what geologists and engineers can do if enough money is waved under their noses. Be skeptical of resource shortages as a long term limiting factor. The Salton Sea might be the next great thing but it is also likely that it is never developed.

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