this post was submitted on 07 Aug 2023
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This is the best summary I could come up with:
As well as providing batteries for the rising numbers of EVs, the plant expects to cut lithium’s current carbon footprint by 80 per cent.
The UK is building Europe’s first and largest lithium refinery to produce the much-sought-after material.
Demand for the ore metal has skyrocketed in recent years as the world doubles down on the transition to renewables.
However, the boom in EV car building means manufacturers are reliant on East Asia, including China, where 89 per cent of the world’s lithium is currently refined.
"It's the growth in battery materials that's required to power the electric revolution, the fact that we need electric vehicles, the fact that we need grid storage and domestic storage is producing a huge demand in battery chemicals in Europe and we think by 2030 we're going to need about 800,000 tonnes per annum," said Sean Sargent, Green Lithium's CEO.
"So, straight away we start with a huge dividend in carbon reduction, but we're also producing our chemicals sustainably," he added.
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