Lithium Hydroxide Monohydrate is prepared by evaporating a solution prepared by reacting calcium hydroxide and lithium carbonate. This chemical compound absorbs atmospheric carbon dioxide and forms lithium carbonate. It appears as small colorless crystal with the formula H3LiO2. This compound is mainly used to make electric storage batteries, soaps, and lubricants. It is toxic in nature by ingestion, inhalation, and skin. Direct contact with this chemical may cause severe irritation to skin, eyes, and mucous membranes.