Russian lithium energy storage power supply price

How much lithium does Russia have?

Based on these estimates, Russia already ranks 5th among countries in lithium reserves, at the level of China (6.8 million tons) and Australia (7.9 million tons), which are among the top three in its production (Jasinsk S.M., 2023) . Mostly all lithium in Russia should be in hydromineral resources.

What are the prospects of development of lithium industry in Russia?

In addition, the prospects of development of lithium industry in Russia and current domestic developments in lithium mining technology are considered. Lithium electric current sources are also an integral part of portable electronics, electric vehicles, and self-driving vehicles that increasingly penetrate our lives.

How much lithium is in a battery?

It can be calculated that batteries containing in total about 500 thousand tons of lithium have been produced so far. Most of this lithium will form a recycled raw material base, which will grow for some time until the consumer market is saturated and constantly replenished.

What is a promising source of lithium?

In addition to mineral and hydromineral sources, a promising source of lithium is recycled raw materials formed mainly from spent lithium-ion batteries. It can be calculated that batteries containing in total about 500 thousand tons of lithium have been produced so far.