Tuesday, April 13, 2021 9:28:56 AM
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
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