Demand for lithium
As the world shifts towards cleaner energy sources, the demand for critical minerals, including lithium, has been on the rise. Lithium-ion batteries are favored in consumer electronics, electric vehicles, and energy storage due to their high energy-to-mass ratio, efficiency, performance in high temperatures, and long-term energy retention.
Current supplies
Commercial lithium production primarily relies on two sources: hard rock ore and brine deposits, with hard rock mining constituting about 60% and brine extraction about 40%. Both methods pose environmental concerns: hard rock mining due to its energy-intensive and damaging processes, and brine extraction due to its slow evaporation process, extensive land use, water consumption, and solid waste generation.
New opportunities for sustainable lithium production
Recent advancements in direct lithium extraction technologies have revolutionized the process, enabling the production of lithium from brine in significantly less time and with minimal environmental impact compared with traditional methods. SLB is uniquely positioned with a combination of subsurface experience, industry-leading modeling software, and an integrated workflow for sustainable lithium production. With these experiences, SLB can help project developers accelerate their lithium extraction projects.
