VUL megathread, page-5496

Challenging China’s dominance in the lithium market

https://cen.acs.org/energy/energy-storage-/Challenging-Chinas-dominance-lithium-market/100/i38

Quotes: "Vulcan Energy Resources, which also plans to produce lithium in Germany, intends to go one better environmentally by producing carbon-neutral lithium from a combined lithium brine and geothermal energy process."

"For each 1 t of lithium hydroxide produced, Vulcan’s process will consume 80 m3 of water and generate zero carbon dioxide, the company estimates."

"In contrast, companies in China would consume 170 m3 of water and emit about 15 t of CO2 to produce 1 t of lithium hydroxide."

"Extracting and refining lithium from brine evaporation ponds in places such as Chile consumes 469 m3 of water and emits 5 t of CO2, Vulcan says."

"Vulcan estimates that its production cost of $3,140 per metric ton of lithium hydroxide will be about half that of firms using rock mining or evaporation pond techniques.