China wont like losing a huge portion of the value of its rare earths monopoly. And africa will lose quite a lot of income as lithium mines close presumably meaning more wars. Tech products will get cheaper and last longer which will impact the buy new culture some. Likely tech companies will find new methods of designed obsolescence, silver lining, people aware of the practice generally support banning designed obsolescence so this sort of thing could backfire gloriously. Looks like big money hews are telling other big money jews to invest in naxtra battery producers meaning it seems like it's legit this time; this tech will likely be industry standard inside of 3 years from now.