The benefits of producing lithium hydroxide in the U.S. can be found in both the market and the material. In addition to combating the threat of China controlling such an important industry and reaping the financial benefits, building a lithium supply chain in the U.S. will advantage American electric vehicle manufacturers, battery makers, chemical companies, mining companies and the American worker.
The economic impact has a multiplier effect by making electric vehicles more affordable and accessible, while creating jobs and making the U.S. a global technology leader in powering a new energy economy. Creating lithium hydroxide from ore in the US, rather than brine from remote parts of the world, also dramatically speeds up the production process and shortens the supply chain.
As compared to a brine-based production method, making hydroxide from spodumene ore compresses an 8-step process to a 4-step process. Lithium hydroxide is also the preferred choice of electric vehicle manufacturers like Tesla and Ford for example.