this post was submitted on 11 Sep 2023
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Technology

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Lithium discovery in US volcano could be biggest deposit ever found (www.chemistryworld.com)
submitted 1 year ago by L4s to c/technology
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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.

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[–] cheese_greater 6 points 1 year ago (2 children)

I wonder how "they" decide how much gets used for medicines vs all the technical applications

[–] aelwero 16 points 1 year ago

"they" simply put it up for sale... pharma buys what they need to make however much medicines will sell, and tech buys what they need to make however much batteries will sell.

I'm relatively certain the amount purchased by pharma will be miniscule as hell compared to what tech will buy. Lithium batteries are everywhere. You're probably staring right at one :)

[–] [email protected] 5 points 1 year ago* (last edited 1 year ago)

$$$$$$

The “invisible hand” decides.