Over the past decade lithium has emerged as a linchpin in the renewable energy and technology sectors. Its unique chemical properties make it ideal for high-capacity, rechargeable batteries, a cornerstone of the green energy revolution. The shift from fossil fuels to renewable sources has catapulted lithium into the spotlight, underscoring its scarcity and strategic importance. As nations pledge to reduce carbon emissions, the demand for lithium surges, making it a critical resource in the global effort to combat climate change.
Lithium and Global Politics
Lithium’s role extends beyond its chemical properties to influence global politics and economics. The control of lithium resources has become a strategic priority for nations, akin to the geopolitics surrounding oil. This dynamic has significant implications for international relations, particularly for countries like the U.S., which are striving to reduce dependence on foreign resources. The global dominance of China in lithium production presents a challenge to other nations, highlighting the need for diversified supply chains and strategic resource management. As lithium becomes increasingly vital for energy transition, its supply and control could become central in diplomatic and trade negotiations.
Alkemy Capital Investments plc (LON:ALK, FRA: JV2) is focussed on developing projects in the energy transition metals sector. Alkemy’s wholly-owned subsidiary Tees Valley Lithium (TVL) is developing a state of the art lithium hydroxide plant at Teesside, UK. TVL is Europe’s largest independent and sustainable lithium hydroxide producer.
