this is a representative of lithium america who owns this mine.nt in giving high energy storage batteries in our market we completely dependent on fossil fuels for the energy we utilise every day and environmentalists believe the answer to the tackling climate change is not more mines. local environmental charity. as not more mines. local environmental chari . �* not more mines. local environmental chari .�* ., ., , , charity. a mining operation is very damaiini charity. a mining operation is very damaging the _ charity. a mining operation is very damaging the environment - charity. a mining operation is very damaging the environment we - charity. a mining operation is very. damaging the environment we have charity. a mining operation is very - damaging the environment we have to be very careful in how we do these things this their ancestral land being taken from them yet again. by opponents think this is just the beginning and the splits and become a massive mining district and when you ask lithium america, it's pretty clear that is what they wan

miller has retired from the university of nevada but has done research supported by a grant from lithium americasthing to do with his position on the mine. climate change is so important and lithium is so important for electrifying the transportation industry, of which is about 30% of climate change, that is the transportation industry, the environmentalists say we should drive less, not use computers, not use phones, anything that requires us to pull these metals up. nobody is doing it now, nobody will do that, and so the answer is better transportation systems, more efficient vehicles. 0pponents to this mine think this isjust the beginning, that this whole area will become one massive mine district, and when you ask lithium americas, it's pretty clear that's exactly what they want. i know there are concerns that this whole area — which is stunningly beautiful — might end up becoming a mining district. we think we can mine right here for many decades, even beyond today. do you want this area to be a mining district? do you want multiple mines here? there has to more. if the united states is goin

this is tim prowling representative of lithium america's who owns this mine. , , , ., , mine. , it is the key _ mine. lithium is essentially, it is the key component - mine. lithium is essentially, it is the key component to i it is the key component to getting high energy storage batteries into our market. right now we are completely dependent on fossil fuels for the energy we utilise every day. the energy we utilise every da . �* . day. but there are environmentalists| day. but there are - environmentalists who day. but there are _ environmentalists who believe the arctic tackling climate change is not yet more mines. john had local environmental charity. it john had local environmental chari. , john had local environmental chari . , ., ., ., charity. it is damaging to the environment _ charity. it is damaging to the environment and _ charity. it is damaging to the environment and we - charity. it is damaging to the environment and we have - charity. it is damaging to the environment and we have to | charity. it is damaging to the i environment and we have to be careful how w

this is tim crowley, a representative of lithium americas, who owns this mine. y component to getting high energy storage batteries into our market. right now we are completely dependent on fossil fuels for the energy we utilise every day. but there are environmentalists who believe the answer to tackling climate change isn't yet more mines. john heads up a local environmental charity. the mining operation is in fact very damaging to the environment and we have got to be very careful how we permit these things, because this is their ancestral land. it is being taken from them yet again. 0pponents to this mine think that this is just the beginning, that this whole area will become one massive mining district. and when you ask lithium americas, it is pretty clear that is exactly what they want. i know that there are concerns that this whole area, which is stunningly beautiful, might end up becoming a mining district. if the united states is going to be self—sufficient, there has to be more, there has to be more development. the people at this protest are already lo

has resigned from the university of nevada, but has done research supported by a grant from lithium americas. he says that has got nothing to do with his position on the mine. i just think that climate change is so important| and lithium is so important for | electrifying the transportation| industry, and 30% of climate change - is the transportation industry. - environmentalists will say we should l do a drive left — we should not usel computers, we should not use phones, - we should not use anything that. requires us to pull these metals out. | nobody's doing that, nobody's doing that. | nobody will do that. and so the answer is better. transportation systems, more efficient automobiles. opponents to this mine think that this is just the beginning, that this whole area will become one massive mining district. and when you ask lithium americas it is pretty clear that that is exactly what they want. i know there are concerns that this whole area, that is the stunningly beautiful, might end up becoming a mining district. well, we think that we can mine right here for many decades, even beyond

this is tim crowley, a representative of lithium americas who owns the mind. , , , ., mind. sential, it's the key component - mind. lithium is essential, it's the key component to l it's the key component to getting high energy storage batteries into our market. right now, we are completely dependent on fossil fuels for the energy we utilise every day. the energy we utilise every da . �* . day. but there are environmentalists| day. but there are - environmentalists who day. but there are _ environmentalists who believe the answer to tackling climate change isn't yet more minds. don had a heads up a local environmental charity. fix, don had a heads up a local environmental charity. a mining o eration environmental charity. a mining operation is _ environmental charity. a mining operation is in _ environmental charity. a mining operation is in fact _ environmental charity. a mining operation is in fact very - operation is in fact very damaging to the intel environment and we have to be very careful how we permit these things because this is their ancestral lands —— john hadder.

he is now at lithium america's developing the site. are you an environmentalist?vironmentalist? of course, i'm an outdoorsman, - environmentalist? of course, i'm an outdoorsman, i - environmentalist? of course, i'm an outdoorsman, i live i environmentalist? of course, j i'm an outdoorsman, i live on this planetjust like everybody this planet just like everybody else, this planetjust like everybody else, i love it. i this planetjust like everybody else, i love it.— else, i love it. i guess they will be people _ else, i love it. i guess they will be people who - else, i love it. i guess they will be people who say i else, i love it. i guess they i will be people who say someone who has been probating for a long time, calling themselves an environmentalist, that's incongruous.— an environmentalist, that's incongruous. mining plays an essential role _ incongruous. mining plays an essential role in _ incongruous. mining plays an essential role in transitioning into a better, greener environment. the mining industry is not mining minerals for the sake of mining minerals

has resigned from the university of nevada, but has done research supported by a grant from lithium americaso the answer is better. transportation systems, more efficient automobiles.

lithium americas corporation. >> too risky here. we are not going to allow that. we have been great. what worked today? the companies we've been saying are going to make money and make things. that is what is going to stay in bull market mode is a go over to the next few weeks and even months. the fed does not need to destroy the economy in order to say that it was much more popular back on the most of us thought. tonight, a big breakup early in the week -- what do we need to know about this deal? i'm taking a bite of the story and giving you my take. then, and a bottle market, is good to analyze lyons and see if your portfolio can handle whatever the market throws at it. we're going to play diversify. save your portfolio can shake out. and it's breast cancer awareness month. i'm checking in with a.i. -- to help detect breast cancer among other the kansas imago diagnosed. with the company called out, radnet. stay with cramer. >> ♪ >> do not miss a second of "mad money". follow @jimcramer on twitter. have a question? tweet cramer . -- send him an email, or give us

and why does chile want to bring its lithium companies under state control? in latin america, lithium is extracted from underground fines. the process is straightforward and profitable. the salt rich water is come to the surface and large ponds, where it evaporates in the sun that can take up to 2 years. the salt water is in filter to extract the lithium a basic component in battery production. there's more than enough lithium in the world. the world's largest lithium reserves are in bolivia, argentina, and she'll weigh the lithium triangle. 53 percent of all deposits are located there . when it comes to lithium extraction, australia leads the way in 2022. it mind around $61000.00 tons. follow by to a china and argentina around 130000 tons of lithium were produced globally at home. but that's not nearly enough. by 2028 will need 8 times as much lithium, mainly for rechargeable batteries, in smartphones, laptops and wind turbines. not to mention the vehicles a single mid size european car needs about 7 to 8 kilos. lithium goes into the battery, which stretches nearly the lengt

something in the critical minerals and australia is one of the largest supplier of minerals such as lithium and americaa consumer of the signature reduction act. and big announcement on tuesday and wednesday, that is the peak day and have the state dinner at the white house and bilateral meeting and joint press conference. >> ben, back home, he is facing pressure to stop by in israel as many other leaders have. how is that going to look after a black tie dinner at the white house? >> the white house dinner has been scaled back a little bit because of the situation in israel. they don't want to put on too much of a show. i think he will face questions about this, but no doubt that the polls in australia, 64% of australians want to stay out of the israel-hamas conflict and indicates politically that nothing he has to lose. he has broke his i tinary. >> we will be watching those diplomatic. we have more to come on "day break australia." this is bloomberg. ♪ you want to be able to provide your child with the tools or resources they need. with reliable internet at home, through the internet essentials progr

course, china has no intention of leaving latin america, for instance, in case of chile, there is a conflict between chinese and american companies over lithiumsame struggle is happening in argentina and believe as well. we as latin americans do not care who our presidents are. the latin american geographical territories are very important. these rich territories are essential for huge powers. to be able to sustain themselves, so they would a step in our region to exploit our natural resources, if latin american countries are united, they can end this story in their favor, and if it doesn't happen, we still be the losers and become a single region that is not called the global south anymore. in this case, latin american countries will stand next to african countries, because the asian nations are developing, latin american countries are going to be dependent, peripheral and... very important in this case, for instance, the mexican president, andres manuel lopez, abrador nationalized mexico's lithium reserves which were under a us company rule. mexico is not a major lithium producer and we are all aware of that. bolivia is industrializing its

lithium stocks getting slammed today as bank of america says supply is exceeding demand.market to be oversupplied for the next two years which could pressure margins and earnings. they reiterate add buy rating on livent. that's not helping the stock as the whole group trades lower. 9%, 7%, 6% lower across the board. scott? >> kristina, thank you. kristina partsinevelos. >>> last chance to weigh in on our "question of the day." will big tech earnings fuel a year-end rally? the results are coming up just after this break. at humana, we believe your healthcare should evolve with you, and part of that evolution means choosing the right medicare plan for you. humana can help. hi, my name is sam davis and i'm going to tell you about medicare advantage prescription drug plans that can provide more coverage than original medicare, including prescription drug coverage, all wrapped up into one convenient plan. with original medicare you're covered for hospital stays and doctor office visits, but you have to meet a deductible for each. and then you're still responsible for 20% of th

lithium is a key component for many electric vehicle batteries, and america is trying to scale up domestic, from nevada, that's pitting miners against environmentalists and native american communities. the us cavalry chased the people into this area right here where the mine is being dug up at the moment, and they were massacred. so it's a tragedy, it should be deemed a historical site. that should stop the mining. unfortunately the corporations did not hear that. , . , the corporations did not hear that. , ., , , , that. these localtribe members have protested _ that. these localtribe members have protested for _ that. these localtribe members have protested for years - that. these localtribe members have protested for years trying i have protested for years trying to stop the mind that they say is on the site where their ancestors were murdered. in march, they lost as the diggers moved in. —— mane. beneath the sagebrush here could be one of the biggest lithium deposits in the biggest lithium deposits in the world. this is stack a pass, and in march work began getting it out of the ground

china has a presence in so many different sectors within latin america and starting from the extracted minerals and critical materials with lithium cobalt needed for the energy transition for infrastructure projects and ports and 5g and space stations. it is really remarkable how much of a presence china has built up within that country and also with the lending activity. china has emerged in that area. >> it is amazing. china's reach as well as in africa and the investment. the relationship with europe and china souring with italy back tracking on the belt and road initiative there. not a lot of attention on latin america. >> theer the country is, the more they rely on china. they get easier financing from china than from the imf. what happens when things go wrong? i highly recommend you check it out. it was a team effort, i would say, with myself and the digital video team here at cnbc. >> i look forward to watching that after the show. >>> coming up on the program, we are counting down to the non-farm payroll numbers after the jobless claims showed resilience in the labor market. we'll be right back. this halloween, trick or t

lithium batteries are just their purview at the moment. av vehicles are america, if it chose to, could get involved in that in some fashion. we have immense resources to be able to do that, both here and near here. our electric vehicles are selling extremely well domestically, the ones that are made here. and you pointed d out, not well at all in europe or china. given the fact that the batteries are such an integral part of this, is there even a way for us to grow our market? i am concerned about the domestic sales of electric vehicles. ford has a waiting list for their trucks. these vehicles are in great demand, but they are not making the batteries. so my question is, is that a lost cause? or is it something that, in your opinion, can be corrected? >> as a result of the inflation reduction act, there has been a surge in investments in battery supply chains in the united states. i would say something to keep an eye on is that a lot of it has to do with the assembly of the batteries, the battery pack, as opposed to the components that go into the battery. the ca

. >> america produces 2% of the lithium of the world. >> all comes from places like china, which is nott another nine tonnes. so your electric car is actually 16 to nearly 20 tonnes of co2 emissions. so they're not that brilliant to start with. >> people were getting these massive grants, okay, they've stopped the grants . stopped the grants. >> now you can still get a grant for an electric van, you can still get a grant an still get a grant for an electric bicycle . by the way, i electric bicycle. by the way, i remember the days when we had electric milk floats. >> i remember them as well. >> i remember them as well. >> the fastest milkman in the benny hill when they were brilliant for little brilliant vehicles for little around town deliveries . but around the town deliveries. but i crazy to think that i think it's crazy to think that you can have them all over the country. look at the vast swathes the lake district, swathes of the lake district, scotland, wales, etcetera. >> you're never, ever, ever talking about the lake district. >> was six queues >> there was six hour queues last