Lithium is an indispensable element in the clean energy transition for several key reasons; like all alkaline metals on the periodic table, it has one more electron than it strictly needs, and this tendency to shed electrons makes it well-suited for passing them back and forth between cathode and anode, charging and discharging thousands of times without degradation.
Pure lithium does not occur in nature, but traces are found throughout nearly all igneous rocks, mineral springs, certain clays, and the world’s oceans. It is the lightest metal and sports a high electrochemical potential, making it the first contender in all energy storage solutions.
In a word-it’s perfect for use in energy-dense and long-lived rechargeable batteries. And with fossil fuels on their way out, the world will need somewhere to store the next wave of renewable energy.
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.