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Mar 15, 202619 views1 min read

New Lithium Extraction Technique Could Transform EV Battery Industry

Scientists unveiled a cheaper and faster solvent-based technique to extract lithium from untapped reserves. This breakthrough could significantly reduce the cost of electric vehicle batteries.

New Lithium Extraction Technique Could Transform EV Battery Industry

Scientists unveiled a cheaper and faster solvent-based technique to extract lithium from previously untapped reserves. The new process can extract lithium much more quickly than traditional methods, potentially reducing extraction time from months to days. It requires less water and energy, significantly reducing costs. The technique can access lower-grade ore deposits, geothermal brines, oil field brines, and recycled batteries. This could lower battery costs, increase supply security, and accelerate EV adoption and grid-scale energy storage.