DLE

Full Circle Lithium Achieves 99%+ Lithium Recovery At Its First Deployed Demo Plant Representing A Significant Industry Extraction Milestone

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星期二, 十月 24, 2023

The successful results of FCL's demonstration plant to date mark a major milestone for FCL and the wider lithium extraction and recycling industry.

Key Points: 
  • The successful results of FCL's demonstration plant to date mark a major milestone for FCL and the wider lithium extraction and recycling industry.
  • The FCL Demo Plant utilizing proprietary extraction and processing technology (or "LEP" technology, which is a form of direct lithium extraction or "DLE"), has now been operating for several weeks.
  • The FCL Demo Plant has successfully extracted over 99% of the lithium from ChemicalCo1's lithium effluent in multiple cycles.
  • We believe that this is a key achievement in the lithium extraction industry," said Carlos Vicens, CEO of FCL.

American Battery Materials, Inc. Confirms Commitment to $120 Million Merger

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星期一, 九月 18, 2023

David Graber, ABM’s Chairman and Co-Chief Executive Officer, commented, “We are aware that our merger partner, Seaport Global, received a delisting warning letter from NASDAQ.

Key Points: 
  • David Graber, ABM’s Chairman and Co-Chief Executive Officer, commented, “We are aware that our merger partner, Seaport Global, received a delisting warning letter from NASDAQ.
  • We believe this is not an unusual event for a SPAC which has extended its time frame to close an acquisition.
  • It is belief that our joint efforts to consummate the merger transaction would satisfy NASDAQ listing standards upon completion of the merger.
  • The combined company is expected to be renamed “American Battery Materials Holdings,” and its common stock and warrants are expected to be listed on the Nasdaq Global Market (“Nasdaq”).

Closing the Gap: How North America Could Lead in Domestic Lithium Supply by 2030

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星期二, 九月 19, 2023

VANCOUVER, BC, Sept. 19, 2023 /PRNewswire/ -- USA News Group  During a panel led by leaders from the lithium and battery space at the Battery Show North America expressed optimism that North America's domestic lithium supply gap can be eliminated. Acknowledging that just a decade ago, 75% of the world's lithium came from China, Chile, and Australia, moderator James Frith of Volta Energy Technologies predicted that "By 2030" those countries' share of all supply will be less than 50%—thanks to a rapidly advancing EV market, and geopolitical and supply-efficiency pushes for more North American-based lithium supply. Among the ongoing lithium projects on the continent that are making significant advances are those from Usha Resources Ltd. (TSXV:USHA) (OTCQB:USHAF), E3 Lithium Limited (TSXV: ETL) (OTCQX: EEMMF), Allkem Limited (TSX: AKE) (OTCPK: OROCF), Livent Corporation (NYSE: LTHM), and Lithium Americas Corp. (NYSE: LAC) (TSX: LAC).

Key Points: 
  • VANCOUVER, BC, Sept. 19, 2023 /PRNewswire/ -- USA News Group During a panel led by leaders from the lithium and battery space at the Battery Show North America expressed optimism that North America's domestic lithium supply gap can be eliminated.
  • The findings thus far strongly validate our belief that Willow is a flagship asset where Ontario's next major lithium discovery will occur."
  • White Willow has quickly risen in prominence within USHA's esteemed North American portfolio, becoming the company's primary hard rock lithium asset.
  • Lithium Americas expects to begin mining in 2026, which will be after the completion of a split between its North and South American assets into two leading lithium companies.

Closing the Gap: How North America Could Lead in Domestic Lithium Supply by 2030

Retrieved on: 
星期二, 九月 19, 2023

VANCOUVER, BC, Sept. 19, 2023 /PRNewswire/ -- USA News Group  During a panel led by leaders from the lithium and battery space at the Battery Show North America expressed optimism that North America's domestic lithium supply gap can be eliminated. Acknowledging that just a decade ago, 75% of the world's lithium came from China, Chile, and Australia, moderator James Frith of Volta Energy Technologies predicted that "By 2030" those countries' share of all supply will be less than 50%—thanks to a rapidly advancing EV market, and geopolitical and supply-efficiency pushes for more North American-based lithium supply. Among the ongoing lithium projects on the continent that are making significant advances are those from Usha Resources Ltd. (TSXV:USHA) (OTCQB:USHAF), E3 Lithium Limited (TSXV: ETL) (OTCQX: EEMMF), Allkem Limited (TSX: AKE) (OTCPK: OROCF), Livent Corporation (NYSE: LTHM), and Lithium Americas Corp. (NYSE: LAC) (TSX: LAC).

Key Points: 
  • VANCOUVER, BC, Sept. 19, 2023 /PRNewswire/ -- USA News Group During a panel led by leaders from the lithium and battery space at the Battery Show North America expressed optimism that North America's domestic lithium supply gap can be eliminated.
  • The findings thus far strongly validate our belief that Willow is a flagship asset where Ontario's next major lithium discovery will occur."
  • White Willow has quickly risen in prominence within USHA's esteemed North American portfolio, becoming the company's primary hard rock lithium asset.
  • Lithium Americas expects to begin mining in 2026, which will be after the completion of a split between its North and South American assets into two leading lithium companies.

LithiumBank Announces Intellectual Property License Agreement with G2L Greenview Resources Inc. for Direct Lithium Extraction Technology, Pilot Plant Testing and Commercialization

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星期一, 九月 11, 2023

CALGARY, Alberta, Sept. 11, 2023 (GLOBE NEWSWIRE) -- LithiumBank Resources Corp. (TSX-V: LBNK) (OTCQX: LBNKF) (“LithiumBank'' or the “Company”) is pleased to announce it has entered into an intellectual property license agreement on September 8th 2023 (the “Agreement”) with G2L Greenview Resources Inc. (“G2L”), a subsidiary of Go2Lithium Inc., whereby G2L shall grant to the Company a license (the “License”) in Alberta and Saskatchewan for a full suite of continuous ion exchange technologies (the “Licensed Technology”). The Direct Lithium Extraction (“DLE”) technology will be used to extract lithium salts from enriched brines present at the Company’s lithium development projects.

Key Points: 
  • This update will include the G2L test work results and the effects of the Canadian federal government incentive tax credits for lithium brine processing.
  • G2L will also provide the Company with access to a deployment-ready pilot plant that has been previously operating in Australia.
  • Modifications to the pilot plant are almost complete and it is expected to be shipped in October to Alberta.
  • “This licensing agreement with G2L provides LithiumBank with access to best-in-class direct lithium extraction technology that we expect to have a significant impact on the economics of our Alberta projects,” said Paul Matysek, Executive Chairman of LithiumBank.

LiTHOS' WHOLLY OWNED SUBSIDIARY AQUEOUS RECEIVED DEFINITIVE US$1.3 MILLION FUNDING AWARD FROM THE DOE AND COMMENCES FOLLOW-ON DOE APPLICATION FOR UP TO US$30 MILLION TO FUND CRIMSON TIDE LITHIUM HYDRIOXIDE FACILITY

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星期三, 九月 13, 2023

Aqueous has pre-qualified and commenced application for up to US$30 Million follow-on award under area of interest 1B Phase II from the DOE funding opportunity announced on September 6, 2023.

Key Points: 
  • Aqueous has pre-qualified and commenced application for up to US$30 Million follow-on award under area of interest 1B Phase II from the DOE funding opportunity announced on September 6, 2023.
  • This directly aligns with vision and goals of the previously announced Crimson Tide Facility.
  • The 'Crimson Tide' Hydroxide facility will selectively pre-treat raw continental brines, concentrate lithium chloride with DLE, and upgrade the concentrate into a final battery grade product of lithium hydroxide monohydrate.
  • Aqueous has pre-qualified and registered with the DOE for this funding opportunity well before the deadline of November 10, 2023.

Demand Still Growing for Lithium Mining Market That's Projected To Reach $516 Million In 2028

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星期三, 九月 6, 2023

/PRNewswire/ -- The remarkable development in lithium production has led to the growth of its demand all over the world. Revolution in various fields, such as automobile, glass and ceramics, medical, air treatment, and polymer production, has led to industrialization and urbanization, making metal a vital development element. Mining supplies are used for batteries for electric vehicles. The growing industrialization and urbanization have given rise to the demand for power in the world. The rising functions of the digitized world require a lot of electrical power. The dependence on process automation and round-the-clock network usage has given rise to the high demand for a consistent power supply, a key driving factor for the energy storage sector.  A report from Fortune Business Insights projected that the Global Lithium Mining Market is projected to grow to USD 516.22 million in 2028 at a CAGR of 6% in the 2021-2028 period. The rise in CAGR is attributable to this market's demand and growth, returning to pre-pandemic levels once the pandemic is over.  The report said: "The high demand for power because of the surging urbanization and industrialization worldwide would affect growth positively. It would result in the increasing demand for lithium-ion batteries for storing the excessive energy." Active mining companies in the markets this week include:  Indigo Exploration Inc. (OTCQB: IXIXF) (TSX-V: IXI), Livent Corporation (NYSE: LTHM), Lithium Americas Corp. (NYSE: LAC) (TSX: LAC), E3 LITHIUM LTD. (OTCQX: EEMMF) (TSXV: ETL), Albemarle Corporation (NYSE: ALB).

Key Points: 
  • A report from Fortune Business Insights projected that the Global Lithium Mining Market is projected to grow to USD 516.22 million in 2028 at a CAGR of 6% in the 2021-2028 period.
  • The rise in CAGR is attributable to this market's demand and growth, returning to pre-pandemic levels once the pandemic is over.
  • The report said: "The high demand for power because of the surging urbanization and industrialization worldwide would affect growth positively.
  • Fortune Business Insights continued: "By source, the lithium mining industry is categorized into brine and hard rock.

Demand Still Growing for Lithium Mining Market That's Projected To Reach $516 Million In 2028

Retrieved on: 
星期三, 九月 6, 2023

/PRNewswire/ -- The remarkable development in lithium production has led to the growth of its demand all over the world. Revolution in various fields, such as automobile, glass and ceramics, medical, air treatment, and polymer production, has led to industrialization and urbanization, making metal a vital development element. Mining supplies are used for batteries for electric vehicles. The growing industrialization and urbanization have given rise to the demand for power in the world. The rising functions of the digitized world require a lot of electrical power. The dependence on process automation and round-the-clock network usage has given rise to the high demand for a consistent power supply, a key driving factor for the energy storage sector.  A report from Fortune Business Insights projected that the Global Lithium Mining Market is projected to grow to USD 516.22 million in 2028 at a CAGR of 6% in the 2021-2028 period. The rise in CAGR is attributable to this market's demand and growth, returning to pre-pandemic levels once the pandemic is over.  The report said: "The high demand for power because of the surging urbanization and industrialization worldwide would affect growth positively. It would result in the increasing demand for lithium-ion batteries for storing the excessive energy." Active mining companies in the markets this week include:  Indigo Exploration Inc. (OTCQB: IXIXF) (TSX-V: IXI), Livent Corporation (NYSE: LTHM), Lithium Americas Corp. (NYSE: LAC) (TSX: LAC), E3 LITHIUM LTD. (OTCQX: EEMMF) (TSXV: ETL), Albemarle Corporation (NYSE: ALB).

Key Points: 
  • A report from Fortune Business Insights projected that the Global Lithium Mining Market is projected to grow to USD 516.22 million in 2028 at a CAGR of 6% in the 2021-2028 period.
  • The rise in CAGR is attributable to this market's demand and growth, returning to pre-pandemic levels once the pandemic is over.
  • The report said: "The high demand for power because of the surging urbanization and industrialization worldwide would affect growth positively.
  • Fortune Business Insights continued: "By source, the lithium mining industry is categorized into brine and hard rock.

Standard Lithium Announces Positive Results of Definitive Feasibility Study for First Commercial Lithium Extraction Plant at LANXESS South Plant

Retrieved on: 
星期三, 九月 6, 2023

EL DORADO, Ark., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), announced today the positive results of a Definitive Feasibility Study (the “DFS”) for its first commercial lithium extraction plant project (“Phase 1A”) proposed to be located at the LANXESS South Plant (“South Plant”).

Key Points: 
  • EL DORADO, Ark., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), announced today the positive results of a Definitive Feasibility Study (the “DFS”) for its first commercial lithium extraction plant project (“Phase 1A”) proposed to be located at the LANXESS South Plant (“South Plant”).
  • The DFS considers first production of battery-quality lithium carbonate in 2026, using direct lithium extraction, from Smackover brine currently being produced by LANXESS Corporation (“LANXESS”) from their South Brine Unit.
  • The DFS is focused solely on Phase 1A, located at the South Plant and serves as a comprehensive review of this first project.
  • Assuming a positive FID, the Company expects to commence construction in 2024 and reach commercial production in 2026.

LithiumBank Engages SLB to Conduct Subsurface Reservoir Modelling for Resource Estimation at Park Place Lithium Brine Project, West-Central Alberta

Retrieved on: 
星期二, 九月 5, 2023

The Park Place Project is located approximately 50 kilometres south of the Company’s Boardwalk Project (for which a preliminary economic assessment was recently completed).

Key Points: 
  • The Park Place Project is located approximately 50 kilometres south of the Company’s Boardwalk Project (for which a preliminary economic assessment was recently completed).
  • SLB provides technology solutions along with subsurface engineering services across Alberta and around the globe.
  • LithiumBank has engaged SLB to conduct detailed subsurface reservoir modelling of the Leduc and Swan Hills Formations at the Park Place Project.
  • “We are very pleased to work with SLB on the Park Place lithium-brine project.