Meet the minds behind #alkaLi. ๐ฆ
Mark Harrington, Proposal & Process Manager, joins us for a rapid-fire Q&A on engineering breakthrough technologies for critical mineralsโpowered by Gradiantโs global scale and innovation engine.
#PowerUp #RapidFire #Lithium #DirectLithiumExtraction
Detailed design engineering is underway for the construction of Northern Lithium's first production boreholes - tinyurl.com/4ruh4ep6
#Aspermont #NorthernLithium #Boreholes #DirectLithiumExtraction #Construction #NorthernPennineOrefield #Evove #RSE
Lithium Recovery: 91%
Overall Impurity Rejection: 99.4%
Plant Throughput*: 42 tonnes LCE/โyear
IX Vessel Size: ~1/3 of commercial scale
lilacsolutions.com/news/lilac-a...
#lithium #argentinia #directlithiumextraction
Planning permission granted for the UKโs first commercial lithium production facility in Cornwall - tinyurl.com/2zvu6jw5
#Aspermont #CornishLithium #Lithium #Cornwall #Geothermal #Renewables #PlanningPermission #DirectLithiumExtraction #Brine #WellDrilling
The article from *Post Factum* delves into the geopolitics of lithium, a critical mineral essential for energy storage, particularly in lithium-ion batteries. Hereโs a summary of the key points: ### **Lithium Production and Supply** - **Extraction Methods**: Lithium is extracted from underground brines (60%) and hard rock ores (40%). Brine extraction is cheaper, while hard rock mining is more common in Australia and China. - **Major Producers**: Australia, Chile, and China dominate global lithium extraction, accounting for 90% of production. The "Lithium Triangle" (Bolivia, Chile, Argentina) holds 50% of global reserves, though Boliviaโs reserves remain underdeveloped due to political and infrastructural challenges. - **Processing**: Over 60% of lithium processing occurs in China, with Chile and Argentina also playing significant roles. ### **Demand Drivers** - **Battery Technology**: Lithium-ion batteries, first commercialized in the 1990s, are crucial for portable electronics, renewable energy storage, and electric vehicles (EVs). The EV industry is the largest driver of lithium demand. - **Environmental Impact**: Lithium extraction and processing are criticized for their environmental toll, including water contamination, scarcity, and high greenhouse gas emissions. ### **Price Volatility** - **Price Surge**: Lithium prices skyrocketed from $20,000/tonne in 2021 to over $70,000/tonne in 2022 due to supply chain disruptions during COVID-19 and increased demand. - **Price Drop**: In 2023, prices fell by 80% due to oversupply and slower EV demand growth, stabilizing around $15,000/tonne in 2024.
### **Geopolitical Competition** - **Chinaโs Dominance**: China controls 79% of global lithium-ion battery production and has heavily invested in global lithium assets, securing partnerships in Africa and South America. - **Self-Sufficiency Efforts**: The US and Europe are investing in domestic lithium extraction, processing, and recycling to reduce reliance on China. The US military has flagged lithium dependence as a national security risk. - **Recycling**: Europe leads in lithium-ion battery recycling, aiming for 65% efficiency by 2026. Recycling could reduce the need for new lithium mining. ### **Future Trends** - **Innovations**: Direct lithium extraction (DLE) and alternative battery technologies, such as sodium-ion batteries, are being explored to reduce reliance on lithium. - **Market Outlook**: Despite recent price drops, demand for lithium is expected to grow, with current and planned projects meeting only 50-60% of projected demand by 2035. Africa, particularly Zimbabwe, is expected to increase its share of global lithium mining. ### **Conclusion** Lithium remains a critical resource for the global energy transition, but its supply chain is highly concentrated and geopolitically sensitive. Countries are racing to secure their lithium supplies, while innovations in extraction and battery technology could reshape the market in the coming decades.
#Lithium #EnergyStorage #ElectricVehicles #Geopolitics #RenewableEnergy #BatteryTechnology #LithiumIon #CriticalMinerals #Sustainability #ClimateChange #SupplyChain #China #LithiumTriangle #Recycling #DirectLithiumExtraction #SodiumIonBatteries #GreenTech #EVs #ResourceSecurity #EnergyTransition
#Lithium
#EnergyStorage
#ElectricVehicles
#Geopolitics
#RenewableEnergy
#BatteryTechnology
#LithiumIon
#CriticalMinerals
#Sustainability
#ClimateChange
#SupplyChain
#China
#LithiumTriangle
#Recycling
#DirectLithiumExtraction
#SodiumIonBatteries
#GreenTech
#EVs
๐๐ฎ๐๐ ๐ช๐ฒ๐ฒ๐ธ ๐ถ๐ป ๐๐ผ๐ป๐ป๐ฒ๐ฐ๐๐ถ๐ป๐ด ๐๐ต๐ฒ ๐ฆ๐๐ฏ๐๐๐ฟ๐ณ๐ฎ๐ฐ๐ฒ ๐๐ผ ๐๐ต๐ฒ ๐๐ป๐ฒ๐ฟ๐ด๐ ๐ง๐ฟ๐ฎ๐ป๐๐ถ๐๐ถ๐ผ๐ป (Jan 13-19, 2025)! ๐ฑ
๐๐ฒ๐ ๐๐ถ๐ด๐ต๐น๐ถ๐ด๐ต๐๐:
โข ๐ฏ๐ฐ ๐ป๐ผ๐๐ฎ๐ฏ๐น๐ฒ ๐ฎ๐ป๐ป๐ผ๐๐ป๐ฐ๐ฒ๐บ๐ฒ๐ป๐๐ across ๐๐๐จ๐ฆ, ๐ด๐ฒ๐ผ๐๐ต๐ฒ๐ฟ๐บ๐ฎ๐น, ๐๐๐, ๐ต๐ฒ๐น๐ถ๐๐บ, and ๐ป๐ฎ๐๐๐ฟ๐ฎ๐น ๐ต๐๐ฑ๐ฟ๐ผ๐ด๐ฒ๐ป.
www.linkedin.com/posts/graham...
#CCUS #Geothermal #Helium #NaturalHydrogen #DirectLithiumExtraction
#Lithium supply chain
#Argentina ๐ฆ๐ท #LilacSolutions #IonExchange technology
#DLE #DirectLithiumExtraction
#LakeResources #Kachi #Catamarca
โTodayโs announcement marks a new era in scalable lithium production,โ
said #DaveSnydacker, CEO of Lilac Solutions.
lilacsolutions.com/2023/04/lila...