In the age of electromobility, lithium is an essential and important raw material. Due to this, both the price and the demand for the rare metal have increased enormously. Through our investment project, we are not only setting the course for the coming future of electromobility and household technology, but we are also securing the supply of raw materials for correspondingly processing sustainable companies. Without lithium, many sustainable projects, such as electric mobility and appliances based on lithium-ion batteries, are not feasible.
Background: Lithium is an alkali metal, which is considered the lightest, solid element on our planet. In addition, it has the highest heat capacity among the alkali metals. This metal is also reactive and can float on water. These specific properties ensure that lithium can be used primarily in batteries and rechargeable batteries. There is no modern smartphone that would have enough power without lithium ion batteries. But this metal is even more essential in electric mobility. Every electric car relies on the metal's important storage and conductivity. For this reason, about 50 percent of global lithium production ends up in batteries.
In most cases, the metal is extracted from mines or brine. In addition to Australia, Chile and Argentina are among the most important countries for global production. High deposits were also discovered in parts of Germany and extracted in the immediate future.