The True Cost of Lithium Mining | True Cost | Insider News

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Published 2023-07-13
With demand for electric batteries sky high, mining companies are making their move on the salt flats of the Andes, where over half of the world's known reserves of lithium are stored. But local people are concerned about damage to their scarce water supplies and that they will not benefit from the white gold rush occurring in their own backyard.

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All Comments (21)
  • @WolfHowl71
    I love how all the 'green' technology is never truly 'green'. Not even close.
  • @BGTech1
    Everyone is focused on electric cars, but what about the lithium batteries in disposable vapes? People throw thousands of them away every day, not to mention all the other electronics with batteries too.
  • @rolandbruegger4482
    To use valuable drinking water in such a arid and scarce area for lithium mining is so absurd. Thank you for sharing this info.
  • @CarlosMijo
    With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly—which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $125k bond/stocck portfoli0
  • Renewable energy doesnt address the problem of consumerism and western throw away culture...without solving that first, Renewable energy means little...
  • I feel it would be quite easy for these mining companies to ensure water facility for these tiny local communities in the desert!
  • @MrM3-eo4bb
    This is the main problem when you compare "green" tech vs oil/gas etc. You have to include ALL of the production chain, including the mineral chase around the world. Lithium is just one of the minerals requiered. So much for the green revolution.
  • @radow869
    They don't care as long as they have a pocket full of money.
  • @djfurrit4497
    It’s too bad they couldn’t catch the water as it evaporates to store for locals. Water is so precious especially in regions like this
  • @laf5537
    The farmers very first words were straight to the point and I applaud it.
  • @SaltedBadly
    And then big brother will come out with a story on how they have to “rescue” them in “exchange” of commodities
  • @astr0nox
    The scenary and landscapes captured in this video are remarkably beautiful. I hope that the mining companies, in addition to making sure the communities are cared for, will not destroy the natural beauty there.
  • Yikes that’s a terrible predicament. ‘plugs in rechargeable phone lined with lithium to continue to watch video’
  • Would love to see what’s going on in Africa with Lithium mining…
  • What!?!? Electric vehicles and batteries are made out of limited resources just like gas powered vehicles!?!? No way!!! Thanks for this hugely informative article that definitely told us something we didn't know!
  • @JamesCouch777
    Nothing in this video is a surprise. There is no free lunch.
  • @ReflectedMiles
    Economics can be done well or done badly. This isn't primarily a story about lithium or EV's. It's a story about how foreign players will inevitably act economically compared to locals. Partnerships with foreign companies to help with the technology needed can be just fine. Giving rights to the resource and development to foreign entities or control is an old story with inevitably bad outcomes, and there's no reason for players from Russia or China to care in the least. They don't need any relationship with these countries long-term.
  • @ricardo1e93
    Those communities are the reason why I hope we get alternative fuels for cars or equipment that currently work with internal combustion when its expensive or not viable to use batteries.
  • that amount of water could have been used for new farms for local people, reforestation projects, reversal of desertification