CMI researchers from Colorado School of Mines conducted the activity for this highlight
Innovation
Estimating the quantities and associated production costs of known lithium resources, updating and extending a 2009 evaluation.
Achievement
Using a cumulative availability curve to summarize estimates of quantities, costs, and locations of 150 conventional and unconventional lithium deposits.
Significance and Impact
- Known, in-situ resources more than doubled between 2009 and 2023.
- An incentive price in the range of $12,500 to $15,000 is implied – i.e., the long-run price necessary to incentivize investment to bring these resources into production.
Hub Target Addressed
Enhancing criticality assessment to make it more forward looking.