Lithium supplies are abundant.  Less than one percent of the world's lithium reserves have been depleted.  The issue is not reserves, it is the difficulty of lithium recovery.  Llithium recovery is difficult.   Lithium recovery is expensive, and there are environmental issues. 
 
Lithium supplies while abundant, with refining of lithium expensive, sets up the appearence of not being available.  With enough identified lithium resources around the world to meet the demand for  500 years, more research is dedicated to improving the lithium refining process.   
 
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