Cost Benefit Analysis

Download as pdf or txt
Download as pdf or txt
You are on page 1of 3

Sahboun 1

Cost-Benefit Analysis of Lithium

Cost-Benefit Analysis of Lithium

I chose to speak about Lithium in this assignment. Lithium is used in many industries

however the most important use for Lithium is rechargeable batteries. Lithium is the

mainstream metal used to make rechargeable batteries as it has low self-discharge rates and
Sahboun 2

each cell is capable of outputting more voltage than other types of metals. These properties

allow lithium batteries to perform better and be smaller in size compared to other types of

rechargeable batteries.

Lithium belongs to group one and period two on the periodic table which means it is an alkali

metal therefore it is highly reactive with other elements. As mentioned earlier, the properties

of lithium (Low self-discharge rate and more voltage output per cell) allow it to be used in

batteries. These properties make the batteries smaller in size than other types. The scientific

explanation is that Lithium has one electron on the outer shell which makes it a very good

conductor of electricity which is why Lithium is used to make rechargeable batteries.

Everybody benefits from rechargeable batteries as they are used in every portable

consumer-grade electronics such as phones and more recently, electronic vehicles.

One positive environmental impact is that lithium batteries are rechargeable therefore they

can be used many times which reduces the amount of waste, however, extraction of lithium

takes an enormous amount of resources to dig out and soil can be contaminated, and the

environment can be polluted because of all the heavy machinery used in the process.

Those who live closest to lithium mines will mostly be affected as the area near them will be

affected and also become toxic. Water sources will also be contaminated which means

humans and animals can be affected by the process of lithium mining.


Sahboun 3

(By Chemical Industry Digest)

References :

1- https://chemindigest.com/india-identifies-copper-and-lithium-mines-in-argentina/

(Image)

2-https://www.britannica.com/science/lithium-chemical-element

(Lithium’s place in the periodic table)

You might also like