A Comprehensive Guide to Green Solutions for the Lithium Industry
The lithium market is growing at an astounding pace. In just the last few years, this key source of electric batteries has become critical to the growth of a number of major companies. Much of this growth can be attributed to the rise in popularity of electric vehicles. However, as the demand for lithium-ion batteries continues to grow, so will the demand for high-quality lithium products.
For example, if you’re a car company looking to increase your production efficiency and cut down on costs, then investing in greening your production process is one way to do that. In this article, we’ll take you through a list of common green solutions for the lithium industry and how they can help you reduce emissions and produce safer Lithium-ion batteries.
According to a Mc Kinsey research, despite expectations that lithium demand will rise from approximately 500,000 metric tons of lithium carbonate equivalent (LCE) in 2021 to some three million to four million metric tons in 2030, they believe that the lithium industry will be able to provide enough product to supply the burgeoning lithium-ion battery industry. Currently, almost all lithium mining occurs in Australia, Latin America, and China (accounting for a combined 98 percent of production in 2020).
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