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14.3%

12.0¢ core lithium ltd

Banter and general comments, page-34829

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gklaw

1,618 Posts.

225

11/12/23

10:49

Post #: 71379782
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Originally posted by Giobria: ↑

I am trying to make heads or tails for these figures. The fundamental question is how much lithium goes into a battery. Say a 60kWh battery for an average EV.

I found all sorts of results wildly different - from 6kg (https://elements.visualcapitalist.com/the-key-minerals-in-an-ev-battery/ and https://www.statista.com/statistics/1247675/weight-of-metal-in-lithium-ion-batteries/ ) to 65kg (https://ts2.space/en/how-much-lithium-is-in-a-tesla-battery-2/#gsc.tab=0 ). OK battery chemistry will make some difference - but I did not think this much.

If we take the 65kg figure, then if the mine holds say 1.5% Li then this means the battery needs 4300kg of ore, then we need to add the overburden.
That seems the most likely figure. The small 6kg figure probably relates to a battery module, and several modules need to be added together to deliver the required 60kWh storage capacity.
Any ideas?

BTW the LFP batteries under intense research now (with several companies promising to deliver them in 2025) require 35% more lithium than the current batteries. So it should be all good for LTH.

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Your observation seems very realistic and feasible imho. Excellent post!
Cheers.

CXO Price at posting: 26.5¢ Sentiment: Buy Disclosure: Held
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