UK DEMAND FOR LITHIUM
The demand for lithium is growing throughout the UK as we try to reach our eco – targets
WHAT IS LITHIUM?
Lithium has the lowest density of all metals. It was discovered from a mineral and is a soft, silvery metal. On the periodic table it has the symbol Li, atomic number 3 – it is very light – and has high-energy density, meaning it is fantastic for use in electrical storage batteries. Weardale lithium will produce lithium products that are refined for use in batteries for example for use in electric vehicles.
COMMON USES FOR LITHIUM
Greener Energy
Lithium is used throughout most rechargeable batteries for phones, laptops and many other electronic devices. It has become very important in electric car production and can play a huge role in a greener future.
Lithium Metal
Lithium metal can be used in aircrafts and on high speed trains. The Lithium metal is used along with aluminium and magnesium to make alloys. This combination makes the alloys stronger and lighter.
Other uses
Lithium is also used throughout different medications, high temperature lubricants, lithium hydride is used as a means of storing hydrogen for use as a fuel.
The demand for Lithium is ever growing as many countries want to reach their new green targets. This growth is largely driven by increased demand for electric vehicles and the reduction in fossil fuel use.
Lithium Demand Growth: The left-hand bar graph shows the anticipated growth in lithium and other battery metal demand in the UK up to 2023.
The government has committed to reduce the UK’s CO2 emissions by 78% by 2035.
At Weardale Lithium we are working towards a greener future and hope to work with local communities to complete the project.
Geothermal waters contain a lithium enriched brine which is then extracted from the Earth. Geothermal water extraction emits no Co2 back into the atmosphere, the use of water needed to extract is limited and it does not take up a lot of land.
Sustainability Comparison of Lithium Sources: The right-hand graphic shows how extracting lithium from geothermal brines uses less land, less energy, and less water than extraction of lithium from traditional hard rock and salar sources.
Weardale is one of two locations in the UK were geology exists that has a geothermal gradient sufficient for direct uses such as space heating and electricity generation.
At Weardale Lithium we hope to help pave the way to a greener, more sustainable future.