Mining lithium from geothermal ‘lemonade’ by Elsa Wenzel

December 2, 2009 · Posted in Mining News · Comment 

If Simbol Mining’s plans work out, within a decade it will deliver one-fourth of the world’s increasing demand for lithium, used in batteries of hybrid and electric cars without creating waste or pollution.

The start-up eventually aims to mine more than 100,000 tons of lithium carbonate each year from geothermal sources. That’s more than the current annual market for the compound; the company expects demands for it to quintuple by 2013.

Current mining methods won’t provide enough for the future need for lithium-ion batteries, according to Meridian Read more