The low oxidation state chemistry of the seven lightest metallic elements is described, with an emphasis on the introduction of bulky ligands to provide sufficient kinetic stability to allow the synthesis of well‐defined compounds, which are isolable under normal conditions of temperature and pressure. Although no stable low oxidation state compound of lithium has yet been described, a variety of sodium and potassium derivatives containing the alkali metal in the −1 oxidation have been unambiguously characterized. These “alkalides” display the general constitution, [LM]
+
[M]
−
(or [LM′]
+
[M]
−
in which the metals are dissimilar), where the stability toward disproportionation is provided by the presence of a cation‐encapsulating crown ether or cryptand ligand. In a similar manner, recent advances in Mg(I) chemistry that have allowed the synthesis of several stable compounds of the form LMg–MgL through the reduction of Mg(II) halide starting materials are dependent on the steric demands of chelating β‐diketiminato and guanidinato monoanions. A broad reaction chemistry, toward both organic and inorganic substrates, has begun to emerge for these soluble molecular two‐electron reductants that has allowed the isolation of a variety of unusual molecular types. No compounds of beryllium in an unambiguous oxidation state less than +2 have yet to be reported, however; Ca(I) is represented by a single paramagnetic “inverse sandwich” species in which the two alkaline earth centers are bridged by a sterically demanding arene dianion. In contrast to these relatively narrow advances for the lighter s‐block metals, aluminum displays a relatively rich low oxidation chemistry in which a plethora of formally Al(II) and Al(I) species have been described. The isolation of molecular Al–Al‐bonded compounds, which engage in similar two‐electron reduction reactivity to that now described for Mg(I), is again dependent on the selection of anionic supporting ligands with appropriate steric demands. Similarly, Al(I) species bearing a chemically active lone pair are now well precedented and have enabled the synthesis of a variety of oligomeric and monomeric species that are prone to oxidation to Al(III) or may be used as two‐electron bases toward a range of Lewis acid centers. Kinetically stabilized aluminum cluster species containing Al in formal oxidation states <1 have also been described through the reaction of metastable Al(I)X solutions with appropriately bulky ligands during the process of Al(I) disproportionation to Al(III) and metallic aluminum.