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Lithium demand

Long Term, Stable Supply Of Lithium Is Integral To Supply The Demand For Battery Technologies

+40%

year-on-year growth in electric vehicle sales for over 10 years

30x

Electric Vehicle stock projected to be 30x greater by 2030 based on current government policies

🡅

Rapid scaling of EV production committed by top auto makers
Lithium demand is rapidly increasing in response to movement to green technologies and their reliance on battery materials. However, the increased reliance of battery producers on lithium hydroxide derived from spodumene will lead to a declining use of lithium carbonate derived from brines. In real terms, the use of lithium carbonate may increase but, in terms of market share for the battery industry, it will decrease.

WHY HARD ROCK LITHIUM​

PEGMATITES ADVANTAGES

MORE FLEXIBILITY​

The lithium hosted in spodumene can be processed into either lithium hydroxide or lithium carbonate. Brines initially can only be processed into carbonate, and then can be further processed into hydroxide however at an additional cost

Geography

Rock minerals are way more homogeneously distributed on earth with deposits on each continent’s

Higher quality

Spodumene typically hosts higher lithium content in comparison to most brines

Faster & more consistent processing

Brines can take a lot longer to process due to the evaporation required making for an inconsistent process compared to spodumene

Comparable costs

While each mining operation may have its own defining factors regarding profitability the hard-rock operations utilize low-cost traditional mining techniques

What does this really Mean?

Ultimately, the world will increasingly need more lithium regardless of its origin. However, the trend towards battery producers requiring higher quantities of lithium hydroxide derived from hard rock will result in the declining use of lithium carbonate originating from brines. In real terms, the use of lithium carbonate may increase but in terms of market share for the battery industry it will decrease.

Attributes of Hard Rock lithium

  • Distributed homogeneously throughout the Earth’s crust
  • Lithium-cesium-tantalum pegmatites form in orogenic hinterlands as products of plate convergence
  • First-order criteria are an orogenic hinterland setting, appropriate regional metamorphic grades, and the presence of evolved granites and common granitic pegmatites
  • Neither lithium-cesium-tantalum pegmatites nor their parental granites are likely to cause serious environmental concerns
  • Traditional mining through movement and crushing of ore
  • Economic grades are between 1% and 2% LiO2

So what?

Hard rock lithium has strategic advantages in dynamic lithium markets compared to brine deposits. Extracting lithium concentrate from brine waters involves evaporation in large ponds in unique climates and geography, which may take over a year or more. Hard rock lithium, on the other hand, is easier to explore, mine and process using low-cost mining methods easily that are not ore specific..
Lithium extraction from hard-rock minerals is more secure with good lithium grades, high recovery rates, and quick process durations that make it way more suited to any market change. However, the mining damages and thermochemical processes involved are costly and may represent a heavy load for the environment in terms of landscape damage and pollution.

U.S. HARD ROCK LITHIUM OPPORTUNITY

Insatiable Lithium Demand Fuels Investment Boom

“The appetite is insatiable,” Dale Henderson,  chief executive officer of Pilbara Minerals Ltd.,  said in an interview. “Any producer in lithium is  very popular at the moment.”

With all net growth in car sales last year coming  from EVs, demand for the raw materials in  batteries has ramped up suddenly. China  dominates the lithium supply chain, so Western  nations have sought to develop their own  production. 

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  • info@hertzlithium.com
  • 1-604-805-4602

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