The demand for lithium is skyrocketing because of its wide applicability across a variety of industries. Lithium batteries now power most electronics, and by 2030, 95% of lithium demand is projected to be for batteries.
Smartphones, tablets, and laptops use lithium batteries to increase both the longevity of the charge and the number of charge cycles. And all of these benefit from a much smaller package that helps manufacturers slim down electronics.
But the application of lithium-ion batteries isn’t limited to consumer electronics. Battery technology can also fulfill important functions. For example, facilitating the energy storage infrastructure necessary to make renewable power viable at scale.
Alkemy Capital Investments plc (LON:ALK) is focussed on developing projects in the energy transition metals sector. Tees Valley Lithium is developing a state of the art lithium hydroxide plant at Teesside, UK. Tees Valley Graphite is developing the UK’s first natural graphite active anode material processing facility at the ‘plug-and-play’ Wilton International Chemicals Park.