Lithium is a soft, silvery-white alkali metal with the symbol Li and atomic number 3. It is the least dense metal and solid element. Highly reactive and flammable, lithium requires careful storage. While not naturally occurring freely, it's found in pegmatite minerals, ocean water, and brines. Lithium metal is extracted through electrolysis of lithium chloride and potassium chloride.
The year 1923 marked the beginning of commercial lithium production, spearheaded by the German company Metallgesellschaft AG, utilizing electrolysis of lithium chloride and potassium chloride.
In 1932, Cockroft and Walton achieved the first entirely human-made nuclear reaction using lithium. They bombarded lithium with accelerated protons, producing beryllium, which quickly underwent fission into two alpha particles. This process was dubbed "splitting the atom." In fusion reactors, lithium powders are used to manage plasma-material interactions and control energy dissipation within the hot thermo-nuclear fusion plasma boundary.
In 1932, lithium atoms were successfully transmuted into helium, marking the first instance of a fully human-made nuclear reaction.
Australian psychiatrist John Cade brought back the use of lithium for treating mania in 1949, leading to wider adoption for mood stabilization in subsequent decades.
The US significantly scaled back its lithium separation facilities in 1963 due to a large surplus of separated lithium. This decision was linked to the use of lithium-7 in the Castle Bravo nuclear test, which resulted in significant radioactive contamination. Consequently, the US experienced a decline in its nuclear infrastructure, and by 2013, faced a potential shortage of separated lithium.
From 1979 to 1989, during their occupation of Afghanistan, the Soviets gathered data, later used to estimate potential lithium reserves in the region.
The Soviet occupation of Afghanistan, during which data on potential lithium reserves was gathered, ended in 1989.
In 1998, the price of lithium metal was around 95 USD/kg.
Following the 2007 financial crisis, major lithium suppliers like Sociedad Química y Minera (SQM) significantly reduced lithium carbonate prices.
The rise in popularity of lithium-ion batteries by 2007 significantly increased the global demand for lithium, making it a primary application for the element.
A 2008 study raised concerns about the sustainability of lithium production, suggesting that even ambitious production increases wouldn't meet the future demands of electric vehicles. It argued that portable electronics would absorb most of the planned production increases over the next decade. Furthermore, the study criticized the environmental impact of mass lithium carbonate production, labeling it as harmful to ecosystems and questioning the "green" image of lithium-ion batteries.
In June 2010, reports emerged of American geologists conducting surveys in western Afghanistan, based on Soviet-era data, suggesting the presence of significant lithium deposits.
As of 2011, about 3% of global lithium production went towards its use in aluminum smelters. Lithium fluoride, when added during the Hall–Héroult process, helps lower the melting temperature and increase electrical resistance.
In 2011, approximately 5% of global lithium consumption was attributed to its use as an additive in continuous casting mould flux slags. Lithium compounds also found application as additives in foundry sand for iron casting to minimize veining.
By 2012, the lithium market saw a price increase. A Business Week article highlighted an oligopoly in the industry, with major players like SQM, Rockwood, FMC, and Talison controlling a significant market share.
In 2012, leachates from geothermal wells were identified as a potential lithium source. This method involved bringing the lithium-rich leachates to the surface and extracting lithium through filtration.
In 2012, the Talison mine at Greenbushes, Australia, was recognized for having the highest grade of lithium ore globally, at 2.4% Li2O.
A significant discovery in Wyoming's Rock Springs Uplift in 2013 revealed an estimated 228,000 tonnes of lithium, with potential for up to 18 million tonnes in the surrounding formation.
In 2013, the US Government Accountability Office revealed that a shortage of lithium-7 posed a risk to the operation of numerous American nuclear reactors. Lithium-7 is crucial for the functioning of these reactors.
By 2015, the Czech Geological Survey had designated the entire Ore Mountains region in the Czech Republic as a potential lithium province, with estimated reserves of 160,000 tonnes near Cínovec.
July 2018 marked the discovery of a significant deposit in the Falchani region of Puno, Peru, containing 2.5 million tonnes of high-grade lithium resources and 124 million pounds of uranium resources.
The Democratic Republic of Congo emerged as a significant potential lithium supplier in 2018 with the discovery of a vast lithium spodumene hard-rock deposit in Manono, estimated to contain up to 1.5 billion tonnes.
In December 2019, Finnish mining company Keliber Oy announced that their Rapasaari lithium deposit potentially holds 5.28 million tonnes of lithium ore reserves.
In May 2020, astronomers reported that classical nova explosions within our galaxy are responsible for producing lithium-7.
Global lithium consumption was projected to reach 300,000 metric tons annually by 2020, driven by the growing demand for lithium batteries. This demand outpaced the overall lithium production growth, which was around 4% to 5% per year.
In 2020, estimations indicated that Chile possessed the world's largest lithium reserves, with approximately 9.2 million tonnes.
In 2020, the Finniss Lithium Project in Australia, estimated to hold 3.45 million tonnes of lithium oxide, was designated as a Major Project, highlighting its strategic importance.
The US Geological Survey (USGS) estimated global identified lithium reserves to be 17 million tonnes in 2020.
Beginning in January 2021, the development of the Thacker Pass lithium mine in Nevada, USA, faced protests and lawsuits. Indigenous tribes voiced concerns about the lack of consent, threats to cultural and sacred sites, and the potential risks to indigenous women associated with resource extraction projects.
As of 2021, the production of lithium-ion batteries for electric vehicles and mobile devices consumed the majority of lithium.
By 2021, Bolivia had invested US$900 million in its lithium production infrastructure and successfully produced 540 tonnes of lithium.
By early 2021, a significant portion of global lithium extraction came from either spodumene found in hard rocks (like in Australia and North Carolina) or from salty brine pumped directly from the ground (as in Chile).
In 2021, the US Geological Survey (USGS) revised its estimate for global identified lithium reserves to 21 million tonnes.
Between March and August 2022, the ISE - Institute of Rare Earths Elements and Strategic Metals reported stable prices for various lithium substances. Lithium carbonate (99.5% purity) ranged from 63 to 72 EUR/kg, lithium hydroxide monohydrate (56.5% min) was priced between 66 to 72 EUR/kg in China and 73 EUR/kg in South Korea, and lithium metal (99.9% min) was 42 EUR/kg in China.
Operational mining activities at the Finniss Lithium Project in Australia commenced in 2022.
Polar Lithium, a joint venture between Nornickel and Rosatom, secured the rights to develop Russia's largest lithium deposit, Kolmozerskoye, in 2023.
The Kolmozerskoye lithium project, aiming to produce 45,000 tonnes of lithium carbonate and hydroxide annually, is projected to achieve full design capacity by 2030.
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