They are always revising estimates up and down a bit. But Li demand just keeps rising and rising. And a single grid scale battery takes 10 years of current Li-ion battery production worldwide to build.
So do we have enough Li at current rates, sure. We don't have anywhere near enough to do anything like replacing even a fraction of FFs with renewables. I guess that's the real headline here. That's why people are experimenting with Na-ion. Putting it in a production car today, that seems...what's the word...homicidal. Making a grid stabilization battery (not for backup) with large amounts of space between cabinets to see what happens, that seems more wise.