To put it nice, I would be careful to use that report to back any argument whatsoever. To come up with their conclusion they e.g. basically assumed LFP battery chemistry does not exist. (To be more accurate, they assumed that there is a set amount of nickel/cobalt you need to produce a kWh of lithium batteries) The conclusion also requires that no significant new reserves are found after 2018, which already now is proven false. (Lithium reserves have increased since 2018 by more than what a single generation of EVs need.)