Global Lithium Sources—Industrial Use and Future in the Electric Vehicle Industry: A Review

Lithium is a key component in green energy storage technologies and is rapidly becoming a metal of crucial importance to the European Union. The different industrial uses of lithium are discussed in this review along with a compilation of the locations of the main geological sources of lithium. An emphasis is placed on lithium’s use in lithium ion batteries and their use in the electric vehicle industry. The electric vehicle market is driving new demand for lithium resources. The expected scale-up in this sector will put pressure on current lithium supplies. The European Union has a burgeoning demand for lithium and is the second largest consumer of lithium resources. Currently, only 1–2% of worldwide lithium is produced in the European Union (Portugal). There are several lithium mineralisations scattered across Europe, the majority of which are currently undergoing mining feasibility studies. The increasing cost of lithium is driving a new global mining boom and should see many of Europe’s mineralisation’s becoming economic. The information given in this paper is a source of contextual information that can be used to support the European Union’s drive towards a low carbon economy and to develop the field of research.