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I don't think lithium is 4x the price of aluminum. In January 2025, the North America price of lithium carbonate was $9.37/kg. But lithium carbonate is just 1
by pfdietz 2y ago
I don't think lithium is 4x the price of aluminum.
In January 2025, the North America price of lithium carbonate was $9.37/kg. But lithium carbonate is just 18.7% lithium, so the price is $50/kg of contained lithium.
In comparison, the current market price of aluminum metal is $2.62/kg. And aluminum compounds (where the large energy expenditure needed to reduce Al(+3) to the metal is not needed) should be cheaper.
Aluminum is much more common than lithium. It's the third most abundant element in the Earth's continental crust after oxygen and silicon.