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- 4 Fleetwood Road, Alexandra Park, Harare, Zimbabwe
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Lithium is a soft, silvery-white alkali metal. It doesn’t occur freely in nature, but presents itself in pegmatitic compounds such as spodumene and lepidolite. Granitic pegmatites provide the greatest abundance of lithium-containing minerals, with spodumene and petalite being the most commercially viable sources. Currently, brines are the most common source of lithium, but pegmatites have quickly been identified as valuable due to their higher concentrations of lithium and the faster beneficiation process.
Due to the high reactivity of lithium, there are a wide variety of lithium compounds. To explain the content of lithium, the term lithium carbonate equivalent is used. Hard-rock ore containing lithium is extracted through open-pit or underground mining using conventional mining techniques. The ore is then crushed, concentrated, roasted, and processed into high-grade lithium carbonate. Lithium has unique chemical and physical properties, which makes it suitable for an increasing number of industrial uses and processes, which segregates the market for the element on the basis of its end use. Large markets include batteries, glass and ceramics.
The drastic changes to human lifestyles and radical progression of technology has reduced our reliance on fossil fuels. The global trend to switch to renewable energy is a necessity to protect the planet and the environment.
As lithium ion batteries are rechargeable, allowing multiple uses over long periods of time, lithium has naturally become a focal point for all manufacturers of power-using devices such as mobile devices, laptops and cars.
Pulserate Investments has also decided to explore further prospective areas in Zimbabwe and Africa, with a view to growing its value – creating a footprint.
