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Current approaches for lithium extraction from water, for example, require a processing step that pumps large volumes of water, thousands of gallons a minute, through an ion exchange filtration system, making it both energy-intensive and expensive,” Pete McGrail, PNNL laboratory fellow and an expert on rare earth metal recovery technology, said in a media statement.
Our nanotechnology process allows us to miniaturize everything and removes the need for massive ion-exchange separators required in other processes.”
McGrail explained that, with the new sorbent, it only takes a few minutes to pull virtually all of the lithium from the solution by molecular collisions. The lithium can then be removed with a magnet where it is easily collected and purified.
The process is expected to work particularly well with oil and gas brines, considered an untapped domestic resource of lithium.
https://www.mining.com/magnetic-nanoparticles-to-be-used-to-extract-lithium-from-brines-in-the-us/
People are already realizing that ion exchange has massive flaws Sorbents are the way of the future
Holding tight
Two directors at ibat run SCV. they buy thousands of acres in Clayton valley with brines that can use burbas technology. It’s not a conscience.
Not going to mention the ibat connection?
That’s what I see too :)
https://thecse.com/en/listings/mining/scotch-creek-ventures-inc
Hopefully this is where burbas 40+ years of experience pays off. It would be fascinating to hear in burbas Next interview why he went back to selective absorption
I don’t think it was because of the amount of electricity it took that burba abandoned ion exchange. It was the time it took to get the lithium out/ took too long. So he went back and re did his sorbents
burba states “A key advantage of this unique process is that it does not rely on electrolysis to produce 99.9% to 99.99% purity lithium products.” I don’t think lilac can say that. Correct me if I am wrong.
My opinion, they are chasing the rabbit down the wrong hole. Burba already tried ion exchange and deemed it uneconomical. Arymer has a great explanation of it. Look at what is happening to llkkf stock price
Metallurgy results are overdo and insiders are selling shares weekly. https://ceo.ca/api/sedi?symbol=spmt
Does anyone think something is up?
Retired, that’s makes sense why he is not on the fluor company website. I’m guessing he still has a lot of influence at Fluor? Nice find TC.
It is.
By virtue of the flow architecture, we have successfully extracted lithium from seawater with 7.0 ppm Li+
Where are you going to find seawater with ppm of 7? The average is .1 to .2 ppm
Article shared by IBAT on their facebook page, the first update in over a year.
https://pubs.acs.org/doi/10.1021/acsmaterialslett.0c00385?fbclid=IwAR2BAQjXB5ma4rCejI9hEUksZgqtyZjTNCIkxxSBp9awoxsLuz5TtQk09dg.YJHkHK_eUfo.facebook
We’ll skip Matt Bohlsen’s junior lithium news reports and go straight to his senior lithium miners reports lol.
https://seekingalpha.com/article/4421496-lithium-junior-miners-news-for-month-of-april-2021
https://seekingalpha.com/article/4421246-lithium-miners-news-for-the-month-of-april-2021
That’s a good point TC. They appointed a British financial advisor.
There doesn’t appear to be another member. Maybe it stands for finance. Here is an interesting deal rsf made with minimise.
https://www.83degreesmedia.com/innovationnews/minimise-looks-to-expand-globally-with-new-funding-090120.aspx
Do you know who the “F” stands for in RSF capital?
I like your way of thinking.
SQM 2019 revenue
Specialty plant nutrients- $723m
Iodine and its derivatives-$371m
Lithium and its derivatives-$505m
Industrial chemicals-$94m
Potassium-$212m
Other products-$35m
Total $1.94 billion
https://s25.q4cdn.com/757756353/files/doc_financials/2019/ar/Memoria-Anual-2019_eng_final.pdf
That’s a big chunk of change burba could be collecting royalties on...
Ante Razmilovic
Founding Partner at RSF Capital Partners LLP
RSF Capital Partners LLP is an independent London-based financial advisory business for the private markets focused on innovative growth financing and investment solutions for SMEs, project owners and institutional investors.
The Partners of RSF previously worked at Goldman Sachs International with experience in structured finance, trading and origination.
RSF Capital Partners LLP provides advisory, structuring, arranging and co-sponsorship services for its clients and partners.
https://www.rsfcapitalpartners.com
I’ll bet not many other lithium start-ups can say this. Lol
If they could separate out the potassium directly I would think it would be game over for evaporation ponds. Potassium is a huge source of revenue for sqm
U of Calgary-spin off company develops nanotechnology-based lithium extraction solution
https://www.mining.com/u-of-calgary-spin-off-company-develops-nanotechnology-based-lithium-extraction-solution/
Patent update
Application Number- 16/212,848 “ Enhanced Surface Area Dependent Functional Material from Combinational Manufacture with Industrial Hemp for Removing Lithium and Other Constituents from Brine”
04-26-2021 Mail Non-Final Rejection
Industry-changing technology that no one else has = Position A! :).
Good to hear from another voice of reason! Welcome
You are exactly right. The insiders know this will be huge. The silence is golden.
Galaxy and ocotobre merged this past week for a combined annual output of 35tonnes LCE, using nasty eyesore evaporation ponds.
https://www.mining.com/australian-lithium-miners-orocobre-and-galaxy-to-merge-in-3bn-deal/
We are focused on extreme environmentalism. This includes greater than 95% internal recycle of process water in the lithium extraction circuit and direct reinjection of depleted brine. However, please note that, currently, brine reinjection is not practiced in Chile or Argentina. Therefore, this approach must be vetted and approved by the respective environmental agencies; and Lastly, and potentially most important, we plan to be able to put a 20,000 MT plant in place and start it up in less than two years.
https://www.innovationnewsnetwork.com/lithium/10672/
Does anyone else see this as being a potential problem/ delay?
It reached its 20 year life in 2003. Both ensorcia metals and now ibat have mentioned cobalt on their websites, I am speculating wether burba has improved technology for cobalt extraction.
Burba has a cobalt patent while he was working at DOW 38 years ago.
Selective extraction of cobalt from ores
https://patents.google.com/patent/US4464348
Huge margins?
“Lithium – the key to our energy transformation”
https://www.innovationnewsnetwork.com/lithium/10672/
Written by none other than Dr.Burba himself.
INVESTOR PHILOSOPHY
International Battery Metals is focused on identifying and evaluating in mining brine assets and processing/extraction technologies that enables it to attain and maintain its cost-leadership positions in providing the most critical minerals for the battery industry.
International Battery Metals (after careful evaluation of a variety of minerals, technological advancement, supply-demand imbalance, and internal strengths) is focused on lithium cobalt and other battery metals. International Battery Metals will use its global relationships, industry expertise, and proven experience to establish and manage large-scale operations to achieve its mission.
https://www.ibatterymetals.com/investors
First time I have seen IBAT mention cobalt.
Would it have been at simbol or molycorp where he did his second generation tech?
I think llkkf is very disappointed in lilac. And their share price has been reflecting it lately. In their early filings, they were expecting production costs at $2600/tonne LCE. Then after their pre-feasibility study, the costs went to $4100, and the focus went from low cost producer to high quality product. But, I am pretty biased now lol.
SOURCES FOR LITHIUM EXTRACTION
Along with evaluating and potentially licensing lithium extraction process, International Battery Metals has also begun its efforts to secure access to lithium baring brines that are ideal for lithium extraction from brine.
KEY SELECTION CRITERIA
Documentation of high lithium and TDS content of brine
Volume of brine potentially available and materiality of potential developed asset
Availability of existing brine production infrastructure
Ownership and whether present owner is motivated to sell or lease access
Geologic certainty of resources, focus on low/no risk
Factors affecting title and certainty of ownership
Expansion possibilities
Operating costs
Labor market considerations
Surface access considerations
Regulatory environment considerations
Energy availability (for process heat)
Takeaway transportation nearby including rail lines and roadways
https://www.ibatterymetals.com/direct-lithium-extraction
This is great!
Explore the product in depth
Review preliminary contract specifications
CONTRACT TITLE Lithium Hydroxide CIF CJK (Fastmarkets) Futures
CME GLOBEX/CME CLEARPORT CODE LTH
RULEBOOK CHAPTER 646
SETTLEMENT TYPE Financial
CONTRACT SIZE 1,000 kg (kilograms)
LISTING SCHEDULE Monthly contracts listed for twelve (12) consecutive months. Add a new contract month after the nearby expiry.
PRICING QUOTATION U.S. dollars and cents per kilogram
FIRST LISTED MONTH May 2021
MINIMUM PRICE FLUCTUATION $0.01 per kg
VALUE PER TICK $10.00
https://www.cmegroup.com/trading/metals/other/lithium-futures.html?utm_source=LinkedIn&utm_medium=%23354796&utm_campaign=PostBeyond&utm_term=Lithium+futures#