3 FAQs about Mozambique lithium energy storage power supply sales price
What is lithium consolidated (Li3) doing in northern Mozambique?
Further to the announcement dated 25th March 2019 Lithium Consolidated Ltd (“Lithium Consolidated”, “Li3” or the “Company”) is pleased to announce it has been granted three (3) new lithium exploration licenses in the Alto Ligonha Pegmatite Province in northern Mozambique (the “Mozambique Licenses” or “Licenses” (see Figure 1, below).
What is lithium used for?
As the lightest metal, lithium is primarily used in the production of lithium-ion batteries, which power a wide range of devices from smartphones and laptops to electric vehicles (EVs) and grid scale energy storage systems.
What is lithium & how is it used in energy storage?
Lithium is a soft, silvery white alkali metal (Li) renowned for its exceptional electrochemical properties, making it a cornerstone element in modern energy storage solutions.