This eBook examines the importance of lithium exploration in the global energy transition and explores how a global lithium supply chain must be secured to keep up with rising demand.
Critical raw materials are becoming increasingly important as the world seeks a transition to more sustainable practices.
The desire for this energy transition has seen a huge demand for lithium; therefore, it is vital to advance exploration for this commodity to establish a steady lithium supply chain.
Why is lithium demand rising?
Commonly known as ‘white gold’, lithium is most commonly used in the production and manufacture of lithium-ion batteries, the most prominent type of energy storage solution found in portable electronic devices and, in more recent years, electric vehicles.
We have seen a huge uptake in the number of electric vehicles (EVs) on our roads, with leaders worldwide introducing new programmes to make electric transport more viable. According to the International Energy Agency, there were 16.5 million electric cars on the road in 2021. That’s triple the amount from 2018, and this number is expected to reach 125 million by 2030.
For these to be manufactured for the transition, the world must cater to the demand for lithium, which is at the heart of EV batteries.
Featuring contributions from major players in the lithium supply chain, this eBook highlights the importance of lithium exploration in the global energy transition and how different countries must establish their own economically viable supply chains.
Topics covered in this eBook
One company that is contributing to a steady lithium supply chain is Galvanic Energy, a company leading the hunt for lithium resources in the US. Galvanic’s flagship Smackover formation in Southern Arkansas is advancing well – it has enough lithium supply to power around 50 million EVs.
As demand for lithium soars in the midst of the energy transition, Lithium Power International examines the role of this essential commodity in the journey to cleaner, more sustainable practices. Moreover, Lithium Energi Exploration Inc. is set to seize opportunities within the global lithium market, thanks to its strategic location, innovative technology, geopolitical acumen, and commitment to responsible mining.
Argentina Lithium recognises that Argentina is one to watch when expanding global lithium production. The company is focusing on Argentina’s prolific Rincon salar, where the company control 3,742 hectares. All holes drilled at Rincon have sampled lithium-enriched brines, and drilling to date has focused on the central part of the property, which boasts excellent brine grades.
Elsewhere in the world, Voltaic Strategic Resources have discovered lithium in the Gascoyne region of Western Australia. The company discusses how this discovery will meet demand and aid the global energy transition.
Also, in this eBook, David Merriman, Research Director at Project Blue, provides expert insights into global lithium supply chain dynamics. He discusses how the supply chain has transformed over the past 20 years from a relatively low-volume, low-value industry into a hotbed of project development.
Michael Schmidt from the German Mineral Resources Agency recognises Europe’s need to contribute to the lithium supply chain and the steps the continent must take to ensure the demand is met. Building on this, Eileen Maes, Public Affairs & Communications Associate at the Critical Minerals Association, highlights the UK’s recent innovations in lithium and how these will transform the sector.
Lithium plays an essential role in the global energy transition; therefore, individual countries must act now to secure a steady supply that meets demand. To ensure this, lithium rich resources across the world must be explored in an environmentally friendly and conscious way.
