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Saturday, November 06, 2021 9:11:30 AM
Lowery mentioned a Fast Market conference in Las Vegas Sept 2021, which after a little research led me to Galvanic. This company is procuring high concentrate lithium brine oilfields in the Smackover to introduce DLE. No mention of who's DLE they will use and are gearing up to cater to the big automakers who are all building battery plants in the nearby region.
Estimated at 4 million tons LCE and averaging 325 ppm lithium, our prospect is the most concentrated lithium brine prospect in North America. Given the resource potential and the proven performance (brine production) of the Smackover reservoir, combined with the continued advancement of DLE technologies, Galvanic’s Smackover prospect would substantially benefit the evolution of an ESG-centric domestic LIB and EV supply chain.
Ford is constructing three battery plants as well as a new EV factory. Stellantis, formerly Fiat Chrysler, has recently announced US battery plants and partnerships. Additionally, GM has two battery plants under construction and plans for more.
https://galvanicenergy.com/
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