Podcast

June 8, 2021

PODCAST: Episode #45: The Energy Evolution: Alberta’s Opportunity in Lithium

You likely don’t pay much attention to small metals such as lithium, but without this tiny commodity, we wouldn’t have rechargeable batteries for your smart phone or many of the devices you use every day.

And as the world evolves toward a low-carbon future and countries look for opportunities to electrify (think electric vehicles), demand for metals like lithium is increasing rapidly. In fact, the global battery market is expected to be worth $116 billion annually by 2030.

That means the world is going to need a lot of lithium.

Traditional methods to extract lithium from the earth involve lengthy processes, evaporation pools, and damaging impacts to the environment. New methods are emerging to enable companies to get lithium to market faster and in a significantly more sustainable way.

And those new methods are being developed right here in Alberta.

Kelly Krahulic, VP, Technology & Innovation at Summit Nanotech, has a passion for unlocking the potential of green technology to power our energy systems of today and tomorrow.

She joins the show to talk about lithium and why everyone is paying attention to this small metal. She explains the pioneering technology that Summit Nanotech is piloting and why this technology could help advance low-carbon goals.

And she explores why Alberta is the perfect place to develop and export the technology for sustainable extraction. (Hint: we already have the expertise and resources in oil and gas mining.)

In this episode:

  • Lithium—where you can find and why it’s important to our energy system
  • State of lithium market and global demand
  • Lithium in Alberta—opportunities and challenges
  • Traditional lithium mining vs emerging methods
  • How Summit Nanotech’s denaLi 1.0 technology works
  • Using our expertise in resource extraction to advance development of lithium extraction technology
  • Lithium and GHG emissions reduction

Resources mentioned

About The Energy Evolution

This limited series explores the technologies, future fuels, collaborations, and more that are at the core of today’s energy evolution and how Alberta can lead the charge to a low-carbon world. See more episodes.

Share this episode

We don't often think about lithium, but it is important to our daily lives. On this episode, Kelly Krahulic of @summit_nanotech talks about an emerging lithium extraction technology that could unlock opportunity for Alberta. Listen: Share this episode

Check us out on social media

Twitter: @BizCouncilAB
Facebook: @BizCouncilAB
LinkedIn: @businesscouncilofalberta
YouTube: Business Council of Alberta

Subscribe to AlbertaBETTER

Apple Podcasts
Google Podcasts
Spotify
Stitcher

Share your thoughts

Have an idea for us to explore or question for us? Send us a message!

join the movement

Sign up to stay updated on our work and join the movement toward a better Alberta for all.

 

Ⓒ Copyright Business Council of Alberta | Privacy Policy

Pin It on Pinterest