Charged EVs | LithTech launches novel raw material extraction technology for lithium, nickel, cobalt, copper and graphite

LithTech, an Australian agency, has introduced its 2023 capital elevating drive to boost its magnesium separation course of, which will increase the brine extraction of important uncooked components, together with nickel, lithium, cobalt, copper and pure graphite, utilized in EV batteries.

After lab-scale testing, the Dow Centre on the College of Queensland has offered monetary and technical assist, permitting the corporate to commercialize the know-how. Outcomes confirmed that the know-how preserved 90-95% of the lithium throughout extraction, in comparison with 40-45% for earlier approaches. This method may also sustainably deal with mining waste streams and tailings and deal with or desalinate wastewater, producing hydrogen and magnesium hydroxide. The modular models could be retrofitted onto current infrastructure or used to assemble new vegetation whereas rising effectivity to cut back prices.

“We consider we’re on monitor to develop a disruptive know-how which can fast-track battery grade steel manufacturing whereas producing the next yield of restricted assets,” mentioned LithTech’s Director, David Vinson. “Worldwide reserves stand at roughly 22 million tons, in line with the US Geological Survey, which is ample to supply just below 2.5 billion batteries however not sufficient to keep up us for the subsequent hundred years.”

Supply: LithTech