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Could lithium supply constraints delay the energy transition?

In a summary of a new LGIM whitepaper, we explore the complexities around lithium extraction, and consider how countries might look to secure access to this critical metal.

lithium supply
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By L&G
July 12, 2024

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Why is lithium so important for the energy transition?

As we discussed in part one of this blog, lithium’s combination of low weight and high electrochemical potential means it’s highly sought after for high-performance electric vehicle (EV) batteries.

According to the International Energy Agency, in a scenario in which we are on track to meet the goals of the Paris Agreement, sectors contributing to the green energy transition will be responsible for a staggering 92% of lithium demand by 2040.

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Continue reading on LGIM â†’
This article was originally published by LGIM on 9/27/2023. View the original post here

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