Electric cars are touted as green alternatives for satisfying transportation needs as compared to fossil fuel powered vehicles.However in order to promote their faster adoption we need to find cost effective and eco friendly alternatives for manufacturing of electric car components.Batteries, form a critical and also pose challenges in economic manufacturing.This is particularly on account of the expensive lithium used in their production.
Simbol Mining, is presently researching cheaper and cost effective methods to mine lithium for use in batteries.The process used involves tapping into geothermal waters that have had an extended period of contact with earths crust.This extended contact results in dissolution of minerals and metals within the water.This water is further processed for re-extraction of metals .
