Battery raw materials such as lithium come into focus
It is not only the German economy that is striving for secure and sustainable availability of raw materials.
Developments on the lithium market are gaining momentum. E-mobility is a big issue, and it only works with lithium-ion batteries. Lithium, the white gold, is therefore very popular with investors. Sales and production of conventional combustion engines are to come to an end in various countries in the next few years. The production of batteries, not long ago dominated by South Asia, is increasingly being driven forward in the USA and Europe. Battery materials such as lithium should, as far as possible, not hamper the global mobility revolution because of bottlenecks. The supply of the necessary lithium is therefore an extremely important consideration. Around 75 percent of global mine production comes from Australia and Chile. Countries such as Argentina, Canada and Brazil are developing into other important lithium-producing countries. Basically, Latin America is expected to increase its share of lithium production. Bolivia, Serbia or Mexico are also looking after the supply in terms of lithium.
Processing capacities must be increased. And in the case of lithium, battery quality must also be available. Particularly high-quality lithium is available in the so-called lithium triangle, for example in Argentina, where Alpha Lithium – https://www.commodity-tv.com/play/newsflash-with-victoria-gold-calibre-mining-consolidated-uranium-cypress-development-and-alpha-lithium/ – is operating two very promising projects.
For the USA, lithium projects in its own country are likely to be of particular interest. This is where Century Lithium – https://www.commodity-tv.com/play/newsflash-with-victoria-gold-calibre-mining-consolidated-uranium-cypress-development-and-alpha-lithium/ – (formerly Cypress Development) comes into play. The company owns 100 percent of the Clayton Valley Lithium Project in Nevada. In the near future, the company has its sights set on the feasibility study and permitting process.
Current corporate information and press releases from Alpha Lithium (– https://www.resource-capital.ch/en/companies/alpha-lithium-corp/ -) and Century Lithium (- https://www.resource-capital.ch/en/companies/century-lithium-corp/ -).
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