Vulcan

lithium

Lithium hydroxide supply chain Importance of Lithium.

The Upper Rhine Valley hosts the largest lithium deposit in Europe and one of the largest in the world, only waiting to be tapped.

Critical raw material for EV transition Lithium.

Lithium is a critical metal in electric vehicle (EV) batteries, playing a vital role in the transition to sustainable transportation. With the European Union mandating that all new cars be 100% electric by 2035, Europe’s lithium demand for electric vehicles is projected to exceed one million tonnes annually by 2030 — surpassing the size of today’s entire global lithium market.

Conventional methods for lithium production have a significant impact on the environment. Depending on the process, the CO₂ footprint and water consumption can be immense. The extensive land use also affects the environment and raises social concerns in the mining countries. We need to make lithium production more sustainable.

 

 

EV charging power

Lithium production with Legacy methods.

Why we need environmentally friendly and sustainable lithium production

Conventional methods for lithium extraction have a significant impact on the environment. Depending on the process, the CO₂ footprint and water consumption can be immense. The extensive land use also affects the environment and raises social concerns in the mining countries.

Unlike conventional lithium mining, Vulcan’s integrated lithium and renewable energy project aims to not burn fossil fuels in the lithium production and processing exercise and is environmentally and socially responsible due to very low water consumption and land use.

mine used for hardrock mining
vulcan

Extraction from hard rock.

Whilst multiple companies are attempting to decarbonise the supply chain, hard rock mining lithium minerals is currently a high energy process. The minerals are usually mined at around 1% Li2O, meaning that 99% of the mined material is waste. The ore is concentrated to around 5-6% Li2O, before being transported long distances to refineries which are usually in China. This means that around 94-95% of the shipped material is usually waste. The refinery uses a roasting process, which uses large amounts of fossil fuels to produce lithium hydroxide.
evaporation ponds in the desert
vulcan

Use of evaporation ponds.

Lithium extraction has traditionally been associated with high carbon footprint when extracted from hard rock sources, and high water footprint when extracted from brines. Lithium extraction from brines evaporates large quantities of water in some of the driest places on earth. It also has a significant CO₂ footprint, through large use of chemical reagents.​

Policy tailwinds in Vulcan’s favour with CRMA and NZIA.

The released Critical Raw Materials and Net Zero Industry Acts present a strong focus on fast-tracking the permitting process and funding for technologies of relevance to the strategic autonomy of the European Union economy.

CRMA NZIA
flag of the EU

Unprecedented demand Sustainability is our purpose.

Sustainability is the cornerstone upon which Vulcan was founded and we are committed to being a leader in Environmental, Social and Governance (ESG) initiatives and reporting. Proudly disruptive, Vulcan’s diverse team comes from all over the globe, united by a passion for environmentalism and science. We aim to help decarbonise the electric vehicle industry and empower a carbon neutral future.

Read more