Lithium: a big catalyst behind the EV revolution

Demand for Minerals

This Incredible Breakthrough Could Cause the Red-Hot Lithium Market Skyrocket Ever Higher

Long-lasting, quick-charging batteries are essential to the expansion of the electric vehicle market. Up until now this has been a problem. The Harvard Gazette reported that Harvard researchers have solved this dilemma with a long-lasting, stable, solid-state lithium battery. This battery technology could increase the lifetime of electric vehicles to that of the gasoline cars — 10 to 15 years — without the need to replace the battery. With its high current density, the battery could pave the way for electric vehicles that can fully charge within 10 to 20 minutes.

Lithium-ion Batteries – Better for the Environment

Lithium-ion Batteries are a great way to store and transport energy efficiently and easily. Here’s what makes them perhaps the best option: Lithium isn’t a toxic heavy metal like lead. Unlike lead-acid batteries, they require less monitoring and maintenance. They can be expected to remain serviceable for eight or more years. They are rechargeable. They do not need the highly toxic chemicals found in batteries, such as acidic components in lead-acid batteries, and are safer to use and discard. EVs using li-ion batteries as a power source helps reduce emissions. Learn more about our Nevada North Lithium Project where we are working toward cleaner, sustainable, eco-friendly Lithium extraction.