Salton Sea

Cadiz Marks One Year Anniversary of ATEC Acquisition

Retrieved on: 
Monday, November 13, 2023
Iron, Cádiz, Manufacturing, Acquisition, Groundwater, Central Utah Project, ATEC, Environmental Science & Technology, Environmental science, Drinking water, Salton Sea, Manganese, L.L.C, Water, Arsenic, Fertilizer

LOS ANGELES, Nov. 13, 2023 /PRNewswire/ -- Today, Cadiz, Inc. (NASDAQ: CDZI/CDZIP) is pleased to mark the one-year anniversary of its acquisition of our water treatment operating subsidiary ATEC Water Systems, L.L.C. ("ATEC"), a leading producer of specialized water filtration solutions for contaminated groundwater sources. Since Cadiz acquired the business in Q4 2022, ATEC has secured contracts and begun production on projects expected to generate significant revenues beginning in FY 2024. ATEC segment revenues are expected to total approximately $1.4 million in FY 2023 and exceed $12 million in FY 2024 with projected segment positive operating income of approximately $3 - 4 million during FY 2024.

Key Points: 
  • LOS ANGELES, Nov. 13, 2023 /PRNewswire/ -- Today, Cadiz, Inc. (NASDAQ: CDZI/CDZIP) is pleased to mark the one-year anniversary of its acquisition of our water treatment operating subsidiary ATEC Water Systems, L.L.C.
  • Since Cadiz acquired the business in Q4 2022, ATEC has secured contracts and begun production on projects expected to generate significant revenues beginning in FY 2024.
  • We believe ATEC filters provide the most cost-effective treatment solutions for successful reduction and removal of iron and manganese from groundwater.
  • The ATEC iron and manganese treatment system has effectively been adapted to remove arsenic as well as chromium-6.

Xerion Wins U.S. Department of Energy’s American-Made Geothermal Lithium Extraction Prize for Groundbreaking Lithium Extraction Technology

Retrieved on: 
Thursday, October 26, 2023
Hardware, Mining, Minerals, Batteries, Alternative Energy, Energy, Technology, Natural Resources, Environment, Green Technology, Engineering, Automotive Manufacturing, Manufacturing, Lithium, DLE, United States Department of Energy, International Energy Agency, Temperature, Salton Sea, Architecture, Carbon, California Energy Commission, United, Multimedia, IEA, Growth, Salton, Partnership, Mineral, National Renewable Energy Laboratory, University, DOE, Champaign–Urbana metropolitan area, Safety, Chemistry, Renewable energy

View the full release here: https://www.businesswire.com/news/home/20231026680004/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231026680004/en/
    Xerion’s novel approach to lithium extraction from geothermal brine offers substantial advantages over methods in use today related to selective extraction of lithium, material stability, and environmental impact.
  • Xerion demonstrated that its patented nanostructured ceramic redox membrane can efficiently extract lithium from raw geothermal brines with low lithium concentrations, such as those found in California’s Salton Sea region, and produce high-quality aqueous lithium hydroxide.
  • Team SelectPure, consisting of Xerion and the University of Illinois, was the first-place winner of the American-Made Geothermal Lithium Extraction Prize, having advanced through three competition phases over the course of two years.
  • Funded by the Geothermal Technologies Office (GTO) and administered by the National Renewable Energy Laboratory, the American-Made Geothermal Lithium Extraction Prize is part of DOE’s portfolio researching lithium extraction from geothermal brines .

NEW SPEAKERS AND TOURS ANNOUNCED FOR CALIFORNIA ECONOMIC SUMMIT IN COACHELLA AND IMPERIAL VALLEYS

Retrieved on: 
Thursday, August 31, 2023
Lithium, State, Small business, Partnership, Housing, Conrado, Cahuilla, Front line, Woman, Government, Thought, Big Problems, Eggers, Agua Caliente Band of Cahuilla Indians, Summit, SD, Renewable energy, Tourism, Management, Salton Sea

SACRAMENTO, Calif., Aug. 31, 2023 /PRNewswire/ -- More excitement is on the horizon for the 2023 California Economic Summit in Indian Wells, CA on October 11-13. This year's Summit, produced by California Forward(CA FWD) in partnership with members of its California Stewardship Network, marks the 12th annual gathering of state policy, regional, business, civic and community leaders from across the state's diverse regions.

Key Points: 
  • Greg Wallis (AD 47) at California Economic Summit in Indian Wells
    SACRAMENTO, Calif., Aug. 31, 2023 /PRNewswire/ -- More excitement is on the horizon for the 2023 California Economic Summi t in Indian Wells, CA on October 11-13.
  • Gavin Newsom, honorary Summit co-chair, said at last year's Summit, "Change is difficult, but we're in the change business and California has long been in the future business.
  • "I look forward to being a part of this year's California Economic Summit, an event that brings changemakers together at the same table," said Eggers.
  • Governor and featured speaker at the 2023 Summit, Eleni Kounalakis shares this video message

Cadiz Announces Completion of Wellfield Expansion to 36,000 Acre-feet per Year

Retrieved on: 
Thursday, April 6, 2023
Pressure, Irrigation, CVWD, Salton Sea, AFY, Water supply, Water, Economic development, Groundwater, Health, Torres Martinez Desert Cahuilla Indians, Coachella Valley Water District, Safety, Dam, Ranch, Coachella Valley, County, Colorado River

LOS ANGELES, April 6, 2023 /PRNewswire/ -- Today, Cadiz, Inc. (NASDAQ: CDZI/CDZIP) ("Cadiz", the "Company"), a clean water solutions company, announced that it completed construction of three new groundwater wells at the Cadiz Ranch increasing the wellfield to 12 production wells with an annual capacity of 36,000 acre-feet of water per year (AFY).  With the new wells online, the Cadiz Ranch wellfield will have sufficient capacity to deliver the full volume of the Company's Northern Pipeline, or 25,000 AFY, and also continue to support current agricultural operations at the Cadiz Ranch.

Key Points: 
  • With the new wells online, the Cadiz Ranch wellfield will have sufficient capacity to deliver the full volume of the Company's Northern Pipeline, or 25,000 AFY, and also continue to support current agricultural operations at the Cadiz Ranch.
  • "Our mission is to deliver clean, reliable and affordable water to people," said Susan Kennedy, Executive Chair of Cadiz.
  • "Our wellfield and infrastructure will provide both reliable new supply during extreme drought periods and underground storage during extreme wet periods."
  • The Cadiz wellfield at the Ranch captures groundwater that would otherwise be lost to evaporation from the base of a significant Mojave Desert watershed for agricultural irrigation.

Cadiz Issues 2023 Shareholder Newsletter Marking One Year Anniversary of New Board Chair Susan Kennedy

Retrieved on: 
Wednesday, March 1, 2023
TRP, Safety, Transport, Sustainable Groundwater Management Act, Groundwater, Interview, Prince William Board of County Supervisors, Economic development, Torres Martinez Desert Cahuilla Indians, Water supply, Monitoring, PG, CVWD, Salton Sea Authority, Water, Health, Salton Sea, Coachella Valley, Colorado River, County

LOS ANGELES, March 1, 2023 /PRNewswire/ -- Today, Cadiz, Inc. (NASDAQ: CDZI) ("Cadiz", the "Company"), a clean water solutions company, published a new edition of CDZI Magazine, the Company's annual shareholder newsletter summarizing developments across the Company over the past year. The new edition features an interview with Cadiz Executive Chair Susan Kennedy reflecting on her first year in her role.  

Key Points: 
  • The new edition features an interview with Cadiz Executive Chair Susan Kennedy reflecting on her first year in her role.
  • "Cadiz is a critical piece of California's water storage, transportation and supply network," Kennedy said.
  • Under the agreement, Cadiz will make water available from the Cadiz water project to the Salton Sea Authority and Torres Martinez Tribe at no cost.
  • The current shareholder newsletter and previous issues are available on the Company's website at: https://www.cadizinc.com/CDZI/ .

Historic Partnership on Water, Jobs and Economic Development for Desert Tribal, Farmworker Communities

Retrieved on: 
Tuesday, January 10, 2023
Economic development, Housing, Education, Groundwater, Partnership, Salton Sea Authority, Water, Imperial, Torres Martinez Desert Cahuilla Indians, Leadership development, CTE, Native Americans, Harwell Science and Innovation Campus, Farmworker, ATEC, Workforce, Paiute, Aviation Career & Technical Education High School, Sea, Life, Desert tortoise, Secondary school, Drinking water, Danby Lake, Climate change, EPIC, Arsenic, Salton Sea, Renewable energy, Tribe, Ward Valley, Ranch

This collaboration is the first known strategic business partnership between a Native American tribe and farmworkers in the U.S.

Key Points: 
  • This collaboration is the first known strategic business partnership between a Native American tribe and farmworkers in the U.S.
  • "Cesar Chavez' ultimate vision was to inspire farmworkers and others in poor, minority communities to gain self-sufficiency," said David Villarino, President of FIELD.
  • "This is a historic venture," said Susan Kennedy, Executive Chair of Cadiz, Inc. "There has never been a public-private partnership like this before.
  • Portions of the land may be maintained as conservation easements for Desert Tortoise and other wildlife or utilized for renewable energy development.

CADIZ INC. ANNOUNCES AGREEMENT TO ACQUIRE WATER TREATMENT TECHNOLOGY COMPANY ATEC SYSTEMS

Retrieved on: 
Tuesday, October 25, 2022
U.S. Securities and Exchange Commission, Education, Risk, CH2M, City, Review, Chromium, California State Water Resources Control Board, Jacobs, NASDAQ, ATEC, Salton Sea Authority, Nitrate, Security (finance), Project, Drinking water, Multimedia, Partnership, Technology, Groundwater, LOS, Arsenic, Hexavalent chromium, Company, Manganese, Mineral, Compliance, Leadership, Acquisition, Mojave, Water, Iron, Maintenance, Salton Sea, Water supply, Water resources, Lockheed Propulsion Company, Solution, View, Renewable energy, Bottled water

LOS ANGELES, Oct. 25, 2022 /PRNewswire/ -- Cadiz Inc. (NASDAQ: CDZI, CDZIP) ("Cadiz," the "Company") today announced a definitive agreement to acquire ATEC Systems, Inc., ("ATEC"), a leading provider of technologically-advanced, cost-effective groundwater filtration systems for community, municipal, agricultural and industrial use.

Key Points: 
  • Adding the ATEC business to the Cadiz portfolio diversifies its range of innovative, sustainable clean water solutions and expands Cadiz' mission to provide safe, affordable drinking water to underserved communities.
  • The Company's flagship initiative is the Cadiz Water Conservation and Storage Project ("Cadiz Water Project"), which captures surplus groundwater before it evaporates in the desert and stores it underground.
  • The Company installed ATEC systems to test the removal of naturally occurring minerals for operation of the Cadiz Water Project and identified ATEC as the best in class, most cost-effective treatment technology for removing minerals from groundwater supplies.
  • ATEC technology is being used to provide filtration systems at tribal wells to ensure safe drinking water on tribal lands.

Metropolitan Issues Statement on U.S. Senate Passage of Inflation Reduction Act, Including Drought Relief Funding

Retrieved on: 
Monday, August 8, 2022
Environmental Policy, Environmental Issues, State, Local, Other Natural Resources, Other Policy Issues, Utilities, Natural Resources, Congressional News, Views, Public Policy, Government, Environment, Energy, City, Climate change, Metropolitan Water District of Southern California, Inflation, Salton Sea, Recycling, Water supply, Water, Farm, Solution, Agriculture, Colorado River, Colorado River

To keep Lake Mead from plummeting to even lower depths, Colorado River Basin water users need to immediately reduce their use of the rivers water.

Key Points: 
  • To keep Lake Mead from plummeting to even lower depths, Colorado River Basin water users need to immediately reduce their use of the rivers water.
  • This funding will help that immediate need by funding fallowing programs and system efficiency programs on farms and turf-removal and other conservation programs in urban communities.
  • It also will provide much-needed resources in ongoing discussions related to the environmental restoration of the Salton Sea.
  • Everyone who relies on Colorado River water, including communities across Southern California, must immediately do more to conserve.

CADIZ INC. ANNOUNCES AN AGREEMENT TO PROVIDE WATER TO THE SALTON SEA AUTHORITY AND TORRES MARTINEZ DESERT CAHUILLA INDIANS

Retrieved on: 
Thursday, August 4, 2022
Reservation, U.S. Securities and Exchange Commission, Multimedia, Salton Sea Authority, Colorado River Aqueduct, Board of directors, Technology, Salinity, Agriculture, Arsenic, El Paso Natural Gas, LOS, Exemptions for hydraulic fracturing under United States federal law, Water quality, Water supply, Company, Nitrate, View, State, Partnership, Safety, Water, NASDAQ, California State Water Project, California Development Company, Groundwater, Colorado River, Economic development, Solution, Water resources, Renewable energy, Oil, Salton Sea, Coachella Valley, Sea

Cadiz agreed to provide water to the Salton Sea and the Torres Martinez Tribe as part of the Company's commitment to ensure that clean, affordable water is available to disadvantaged communities through the Cadiz Water Conservation and Storage Project.

Key Points: 
  • Cadiz agreed to provide water to the Salton Sea and the Torres Martinez Tribe as part of the Company's commitment to ensure that clean, affordable water is available to disadvantaged communities through the Cadiz Water Conservation and Storage Project.
  • Under the terms of the Supplemental Water Supply Agreement with the Salton Sea Authority, Torres Martinez Tribe and the Coachella Valley Water District, Cadiz will dedicate 5,000 acre-feet of water from the Cadiz Water Conservation and Storage Project to the Salton Sea and the Torres Martinez Tribe for 50 years.
  • The Salton Sea Authority voted to approve the Supplemental Water Supply Agreement at its public meeting on May 26.
  • Thomas Tortez, Chairman of the Torres Martinez Tribe and a member of the Salton Sea Authority stated: "Water is life.

KORE MINING REORGANIZES TO CUTS COSTS AND FOCUS ON EXPLORATION AT IMPERIAL AND LONG VALLEY

Retrieved on: 
Friday, June 17, 2022
KORE, Contract, Pass, Gold, ACES, Management, Behavior, Salton Sea, CEO, Layne Christensen Company, Company, BLM, Forward-looking statement, Conversation, Program, PO, Analysis, Mining, News, Air pollution, Judgement, TSX Venture Exchange, Board, Telephone, Bureau, Executive, Multimedia, Environment, Atmosphere-Space Transition Region Explorer, Risk, EPO, Bureau of Land Management, Oil, Renewable energy, Online shopping, Audit, Risk management, BC, Ogilvy

VANCOUVER, BC, June 17, 2022 /PRNewswire/ - KORE Mining Ltd. (TSXV: KORE) (OTCQX: KOREF) ("KORE" or the "Company") announces a plan to conserve capital and focus on high impact drilling activities at both of KORE's main assets, the Imperial gold project ("Imperial") and the Long Valley gold project ("Long Valley").

Key Points: 
  • VANCOUVER, BC, June 17, 2022 /PRNewswire/ - KORE Mining Ltd. (TSXV: KORE) (OTCQX: KOREF) ("KORE" or the "Company") announces a plan to conserve capital and focus on high impact drilling activities at both of KORE's main assets, the Imperial gold project ("Imperial") and the Long Valley gold project ("Long Valley").
  • James Hynes, the current Executive Chairman and founder of KORE, will assume the President and CEO role effective July 1, 2022.
  • With the reductions, KORE preserves optionality to pursue our permitted drill program at Long Valley while continuing to fund key permitting activities at Imperial."
  • Scott Trebilcock, commented: "Executive Chairman James Hynes is well positioned to advance key exploration activities having directed them throughout KORE's history.