This decade’s clean energy transition requires more lithium than mines can deliver
Expanding the variety of chemistries that can be produced at scale enhances supply chain security for America’s energy industry
Zinc is 100x more abundant than lithium, and Salient eliminates nickel and cobalt altogether
Lithium Demand is Exploding
Demand for batteries is booming. That’s a good thing. But the world needs every ounce of lithium production for mobile uses, where energy density and weight are at a premium.
In its landmark report from May 2021 about rising mineral demand during the clean energy transition, the International Energy Agency (IEA) reported that lithium consumption will rise faster than all others, with demand rising over 40 times by 2040.
SDS=Sustainable Development Scenario
STEPS=Stated Policies Scenario, ie policies currently in effect
Salient's Zn-Ion Helps Avoid the Lithium Shortage Expected by 2025
According to IEA projections, lithium demand will begin to outstrip supply in just a few years if the world commits to installing enough clean energy to limit global temperature growth to under 2 degrees celsius.
Running out of lithium will mean that the world will not be able to produce the electric vehicles we need and, absent alternatives, will not be able to build clean grids.
In contrast, current zinc production is already 250 times higher than lithium, meaning zinc batteries will not face the same supply chain concerns.
The global lithium supply chain is incredibly concentrated
Almost 90% of all lithium is production — and close to 100% of processing — is concentrated in three countries, notably China.
This creates further risk in battery supply chains as it reduces supply chain security.
Not only are Zn-ion's materials abundant, they are produced and processed around the globe, making them far easier to source as a critical component for domestic battery industries.