{"id":20427,"date":"2022-06-10T13:30:52","date_gmt":"2022-06-10T12:30:52","guid":{"rendered":"https:\/\/www.innovationnewsnetwork.com\/?p=20427"},"modified":"2022-06-10T11:12:18","modified_gmt":"2022-06-10T10:12:18","slug":"direct-lithium-extraction-sustainable-lithium-production","status":"publish","type":"post","link":"https:\/\/www.innovationnewsnetwork.com\/direct-lithium-extraction-sustainable-lithium-production\/20427\/","title":{"rendered":"Direct lithium extraction for sustainable lithium production"},"content":{"rendered":"
GEOLITH\u2019s CEO and Founder, Jean-Phillipe Gibaud, and Head of Business Development & Sales, Pedro Ruiz, explain how the company is working to meet the key challenges of the lithium industry: demand, sustainability, and security.<\/h2>\n
There is an undeniable consensus on the immediate need for the energy transition to take place, shifting from fossil-based systems of energy production and consumption to renewable energy sources. This mandatory transition also means moving from a fuel-based economy into a material-intensive economy. Materials such as copper, nickel, cobalt and, of course, lithium are key to ensuring the manufacture of technologies that will allow us to produce and use energy sustainably. Materials that can be found in the composition of new materials, in the core of wind turbines, at the heart of batteries or even in technologies not yet developed, will find their way into our lives in the coming years. This transition, however, does not come without risks. There are technological, environmental, and geopolitical concerns to consider. Implementing sustainable value and supply chains will be essential to avoid repeating the mistakes of the past, and to ensure real sustainable energy production.<\/p>\n
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Demand for lithium<\/h3>\n
The case of lithium is particularly important today. With a high power-to-weight ratio, high energy efficiency, good high-temperature performance, and low self-discharge, lithium-ion batteries are the most common option for electric vehicles.<\/p>\n
Driven by the increasing manufacturing of batteries for electric vehicles, demand for lithium is expected to grow exponentially in the immediate future, with some estimations warning that demand in 2023 will exceed the global production capacity. According to European institutions, we will need to produce six times more lithium in 2030 and almost 60 times more in 2050.<\/p>\n