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Novalith CEO Steven Vassiloudis at GigaAPAC 2024: Tackling Lithium’s Cost and Sustainability Challenges

September 23, 2024

At GigaAPAC 2024 last week, Steven Vassiloudis, CEO and Founder of Novalith, took part in a key panel discussion on the pressing issues facing the lithium industry — namely cost pressures and sustainability.

As the demand for lithium rises, driven by the global push towards electrification and renewable energy, the industry is under increasing pressure to deliver more efficient and environmentally-friendly solutions. During the panel, Steven highlighted Novalith’s technology as a solution to these challenges which not only simplifies production to reduce costs but also significantly lowers the environmental footprint of lithium extraction compared to traditional methods.

The panel also stressed the importance of collaboration across the sector to create a sustainable supply chain for battery materials. Steven shared how Novalith is working to provide scalable, green solutions that can support the industry’s growth while addressing both economic and environmental concerns.

GigaAPAC 2024 underscored the importance of innovation in overcoming these challenges, and Novalith is proud to contribute to the future of sustainable lithium production.

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