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this post was submitted on 11 May 2026
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I find this perspective funny nowadays, and I want more people to question it, really question it. It's valued at over $1.5 trillion? No, it's worth nothing if it just sits there doing nothing. If you worded it as "Could be worth..." then I'd give it a pass. But don't let yourself be fooled, that lithium has absolutely no real value if it's not mined and put towards something that someone can use to improve their quality of life.
That's... That's what "valued at" means...
No it's not, I don't value it at all because I can't actually use it for anything right now.
But that's how people use it though? It's used to mean "we're think it's about this much"
A trip to wiktionary will inform you that value has multiple meanings. And honestly a random persons opinions don't really matter in the mining world which is pretty small and doesn't really care about general society.
"I'm homeless right now, so future affordable housing is worth nothing to me."
If you're homeless then at your current time it's valueless. It's like being told "there's an abundance of food being grown... in 5 years" and you die of starvation.
Right but you're not a billion dollar company that will excavate the minerals and sell them for a profit
How do you know they'll do that? What if it just sits in the ground for a million years, does it have any value then?
Like to make it completely clear, I could value the moon at $5 trillion, it doesn't matter because I can't actually get to the moon.