Lithium might seem like an unlikely object for the limelight, but those steeped in the mineral commodities market are not surprised. The need for lithium has grown exponentially in recent years. It plays a vital role in our high-tech world, particularly with rechargeable lithium batteries, which drive the growing market for portable electronic devices, electric tools, vehicles, and grid storage solutions.

The U.S. Department of Energy (DOE) has expanded the eligibility requirements and set new deadlines for its Geothermal Lithium Extraction Prize. The Prize, funded by DOE’s Geothermal Technologies Office and administered by the National Renewable Energy Laboratory, is designed to advance technologies that improve the economics and minimize environmental impacts of lithium extraction from geothermal brines. Participants compete in three escalating challenges to identify, develop, and test solutions for an opportunity to win a portion of the $4 million cash prize pool. REGISTER for a webinar on Monday, June 28 at 1 p.m. ET to learn more.

The blueprint lays out five critical goals and key actions to guide federal agency collaboration to secure the nation’s long-term economic competitiveness and create good-paying jobs for American workers, while supporting the Biden Administration’s decarbonization goals.
FCAB National Blueprint Lithium Batteries 0621.pdf

A race is on to produce lithium in the United States, but competing projects are taking very different approaches to extracting the vital raw material. Some might not be very green.