'We don’t have enough' lithium globally to meet EV targets, mining CEO says

Climate provisions in the Inflation Reduction Act put the U.S. back on track toward significant emissions reductions, potentially reducing greenhouse gas output by 40% of 2005 levels. But one miner warned that when it comes to the transportation sector, domestic resources for lithium, the most critical mineral used for electric vehicle production, may not be sufficient enough to meet some of the most ambitious targets. The Biden administration, for instance, aims to slash the sale of gas-powered vehicles to 50% of all new purchases by 2030.-- More...