100% Price Surge: Will Supply Crunch Of This Critical Asset Trigger Massive Inflation?

Francis MacDonald, CEO & Director of Li-FT Power, discusses the growing use cases for lithium, and how a shortage of lithium in North American poses significant geopolitical risks. This video is distributed on behalf of Li-FT Power Ltd. (TSXV: LIFT | OTCQX: LIFFF ) *This video was recorded on September 18, 2024 Subscribe to my free newsletter: https://davidlinreport.substack.com/ Listen on Spotify: https://open.spotify.com/show/510WZMFaqeh90Xk4jcE34s Listen on Apple Podcasts: https://podcasters.spotify.com/pod/show/the-david-lin-report FOLLOW LI-FT POWER: Website: https://www.li-ft.com/ X (@Li_FTPower): https://x.com/Li_FTPower FOLLOW DAVID LIN: X (@davidlin_TV): https://x.com/davidlin_TV TikTok (@davidlin_TV): https://www.tiktok.com/@davidlin_tv Instagram (@davidlin_TV): https://www.instagram.com/davidlin_tv/ For business inquiries, reach me at [email protected] *This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates. 0:00 - Intro 1:00 - Why do we need lithium? 3:30 - Global lithium production 8:40 - Lithium price surge and collapse 13:30 - Lithium price outlook 17:40 - Canada's lithium production 18:53 - Li-FT Power deposits 21:00 - Canada-China trade war 22:30 - Inflation Reduction Act 23:35 - Miners partnering with EV companies 25:24 - Li-FT Power production ambitions 26:10 - Francis MacDonald's background 28:55 - Gold vs. lithium exploration 30:00 - Junior vs. senior mining exploration #economy #electriccar #lithium