Abstract
This work presents a mathematical programming model for the optimal decision making on the supply chain of lithium and lithium compounds in a macroscopic system. The model considers the exploitation of the economically feasible natural sources; it also considers the processing and purification stages as well as the transportation costs needed to satisfy the demand of the several lithium applications, such as Li-ion batteries. Given the significance of circular economy, a discussion on the remanufacturing and recycling of the battery components is also included. Currently, there is no exploitation and production of lithium in Mexico; however, since Mexico is the 7th vehicle manufacturer in the world, information from the potential Lithium deposits in Mexico and its corresponding demands are used to explore the potential and the techno-economic decision making required within such a supply chain.
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