LPD Valuation, page-60

“There’s a lot of dirty things happening in producing these materials,” said Steven Vassiloudis, chief executive officer of Novalith, which is working on a system that would streamline processing of spodumene and absorb carbon. “Hard-rock lithium has such a high carbon footprint because of the energy requirement” and the many steps needed in conventional processing.

Source: BloombergNEF

But lithium producers face an even bigger problem. Part of the reason consumers are prepared to pay a premium for an electric vehicle is that it’s better for the environment. But the lithium supply chain is far from green.

“Lithium mineral producers have the greatest need to reduce their emissions profiles," said Dominic Wells, senior sustainability and cost analyst at Wood Mackenzie Ltd.

Carbon foot print for the battery supply chain is going to become more and more of a focal point. LPD have the tech to create zero waste and in conjunction with the hydrogen power for the P1 plant, the company is very well place with regards to green credentials. If you think this is of low importance, it might be time to crawl out from under your rock.



massive re rate coming for this critical chemical tech play.

not advice