Although lithium-ion batteries are expected to have the largest share in the future development of electromobility, lithium supply may not become a serious issue even by the year 2050, according to a recent study on electromobility and criticality of lithium supply published by the French Environment & Energy Management Agency (Ademe).
The agency’s experts, which have provided several scenarios based on reduction targets for transport-related CO2 emissions and on public policies related to electric vehicles, claim that even under the most optimistic scenario, the risk of lithium shortage from a geological point view seems limited. “However, shifts in the long-term equilibrium of the commodities markets shows that a lack of geological criticality of resources does not conceal the various types of vulnerability, whether economic, industrial, geopolitical or environmental,” they also stated.
European Metals Holdings Limited (LON:EMH) are an Australian and UK listed mineral exploration and development company advancing the Cinovec Lithium / Tin Project in Czech Republic.