Lithium Chemicals

Traditional means of producing lithium chemical creates inherent industry challenges that ELi™ looks to address:

• Lithium is the key non-substitutable battery ingredient transporting electric charge, and the World needs more;
• Europe has a very small supply of lithium chemicals with demand growing rapidly;
• Despite being crucial for the energy transition, lithium production is the largest CO₂ contributor in lithium-ion batteries (LIB);
• Primary extraction companies often don’t have means to produce chemicals and need a market for mined intermediate or support to produce chemicals; and
• Lithium chemical production needs to be more cost effective and more sustainable.

ELi™ has several advantages over conventional processes including lower operating expenditures, higher product purity and a smaller CO₂ footprint largely owing to lower process reagent consumption. The patented ELi™ Processing Technology underpins Neometals’ unique Lithium Chemical proposition:

• Significant operating and capital cost advantages courtesy of a reduced need for expensive reagents; and
• Environmental benefits including potential for net zero vanadium production;
• Flexible and replicable business models.

RAM is presently undertaking pilot scale test-work and progressing an Engineering Cost Study update. RAM will continue to test third-party brines for potential partners under a low-capex, low-risk technology licensing business model to generate future royalty income.