Electric vehicles (EVs) are the wave of the future. Improvements in lithium-ion battery packs are occurring rapidly and prices are falling. Obtaining sufficient lithium to meet the growth ahead for EV has a dark side, involving open-pit mining and brine evaporation pools that can be devastating for the environment. Fortunately, there is also a lighter side that is gaining momentum.
The demand for lithium is increasing dramatically – and sources of this metal are being sought from the high elevations of the Andes Mountains to the lowlands of Australia. Lithium is widely distributed on our planet, but since concentrations of this metal are typically quite low, relatively few ores that are economical to mine have been found to date. There are currently three major sources.
The demand for lithium is growing rapidly -- and the "Lithium Triangle" in the Andes Mountains encompass a significant source of this metal. Lithium-ion batteries are essential for powering electronics, electric vehicles, and for storing energy produced by the wind and sun. The future of lithium is truly “electrifying”!