Lithium

The critical metal across the entire structure of a battery cell

Lithium is the lightest of all metals. The key components of a lithium-ion battery are the cathode, anode, electrolyte, separator and current collectors.

All Li-ion batteries can be broken down into a single battery cell. Within the cell, there are several key common components which can vary greatly based on material choice and intended application.

Our partner Benchmark Mineral Intelligence anticipates that by 2030 around 90% of global consumption of lithium will be attributable to lithium-ion
batteries for electric vehicles.

Lithium Ion Battery V2 min scaled
Spodumene v3 min scaled

Lithium hydroxide is primarily produced from the processing of spodumene concentrate

We have in place projects and offtake agreements to procure spodumene concentrate (SC6) from established producers with transparent supply in politically stable jurisdictions with low sovereign risk.

Primary production of lithium is undertaken from two principal sources: underground lithium-bearing brines and the mining and processing granitic pegmatite ore (hard rock) containing lithium.

Global production of lithium from hard rock sources is dominated by Western Australia, the largest producer of spodumene concentrate globally.