Lithium for Maximum EV Production
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A carbon-free future might require many millions of batteries, both to drive electric vehicles and to store wind and solar power on the grid. Today’s battery chemistries mostly rely on lithium — a metal that could soon face a global supply crunch. Some critics warn that as EV production develops, lithium producers won’t be able to keep up with needs. That could temporarily push the brakes on the world’s clean energy ambitions, they say.
A world in which EV assembly lines gather dust while battery manufacturers scrabble for scraps of lithium is wholly avoidable. But for producers, the solution isn’t as simple as mining more hard rock — called spodumene — or tapping more underground brine deposits to extract lithium. That’s because most of the better, easier-to-exploit reserves are already spoken for in Australia (for hard rock) and in Chile and Argentina (for brine). To drastically scale capacity, producers might also need to exploit the world’s “marginal” resources, which are costlier and more energy-intensive to develop than conventional counterparts. (1) It’s claimed that these new lithium mining and extraction techniques are on the horizon. This astonishing information could be found in this article!
Electric vehicles (EVs) generally have a reduced climate impact compared to internal combustion engine vehicles. Together with technological progress and governmental subsidies, this advantage led to a massive progress in the need for EVs. The global fleet of light-duty EVs grew from a few thousand just a decade ago to 7.5 million vehicles in 2019. Yet, the global average market penetration of EVs is still just around 1.5% in 2019 and future development is anticipated to dwarf past progress in absolute numbers.
Lithium-ion batteries (LIBs) are currently the dominant technology for EVs. Typical automotive LIBs contain lithium (Li), cobalt, and nickel (Ni) in the cathode, graphite in the anode, as well as aluminum and copper in other cell and pack components. Commonly used LIB cathode chemistries are lithium nickel cobalt manganese oxide (NCM), lithium nickel cobalt aluminum oxide (NCA), or lithium iron phosphate (LFP), although battery technology is currently evolving fast and new and improved chemistries could be anticipated in the future. (2) Are you ready to discover a new source of lithium? Consider viewing this site to see more interesting data that could possibly lead you to success!
Due to the fast development of the EV market, concerns over the sustainable supply of battery materials have been voiced. These include supply risks due to high geopolitical concentrations of cobalt and social and environmental impacts associated with mining as well as the availability of cobalt and lithium reserves and the required rapid need of supply chains to meet anticipated needs. Find out more and make discoveries as these other sector powers electric vehicles that allow them to continually extend their production into the future! Stumble upon a value-wise page! Check the disclaimer on my profile and landing page.
Source1: https://spectrum.ieee.org/energywise/energy/batteries-storage/evs-to-drive-a-lithium-supply-crunch
Source2: https://www.nature.com/articles/s43246-020-00095-x
