I used to drive by the great salt lake regularly,on my way to ski the deep powder in the Wasatch, back in the day...so I'm familiar with the general overview
Anyway a couple of things stood out regarding Compass' lithium brine plans
the concentration of lithium in the great salt lake is rather low compared to other brines,and of course the cocktail of other minerals is specific to
that basin making the selection of a DLE process site specific and not necessarily a validation of one technology at the expense of others
the other points are the capex required and the long timeframes prior to projected commercial revenue streams
granted Compass must be a conservatively run operation,but the timeframes for full commercial production appear far from ambitious
especially when one considers the established operating history and existing infrastructure on the east side not to mention no anticipated permitting issues.
futr
Recent CMP News
- Compass Minerals International, Inc. Class Action: The Gross Law Firm Reminds Compass Minerals Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of June 24, 2024 - CMP • PR Newswire (US) • 05/03/2024 09:45:00 AM
- Compass Minerals Announces Conference Call to Discuss Second-Quarter Fiscal 2024 Results • Business Wire • 05/02/2024 12:04:00 AM
- Compass Minerals Announces Amendment to Credit Agreement • Business Wire • 03/27/2024 08:34:00 PM
- Compass Minerals Announces the Company Will Not Secure a USFS Contract to Supply Magnesium Chloride-Based Aerial Fire Retardants for the 2024 Fire Season • Business Wire • 03/25/2024 10:55:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/08/2024 09:19:42 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/07/2024 10:27:02 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/07/2024 10:26:49 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/07/2024 10:26:37 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/07/2024 10:26:23 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/07/2024 10:26:11 PM
- Vance Holtzman Elected to Compass Minerals Board of Directors • Business Wire • 03/07/2024 09:30:00 PM
- Compass Minerals Announces Participation in Loop Capital Markets’ 5th Annual Investor Conference • Business Wire • 03/07/2024 12:00:00 PM
- Compass Minerals and Utah Division of Forestry, Fire and State Lands Entering into Voluntary Agreement Regarding Water Conservation on the Great Salt Lake • Business Wire • 03/06/2024 11:40:00 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 09:36:25 PM
- Form 144/A - Report of proposed sale of securities: [Amend] • Edgar (US Regulatory) • 02/29/2024 03:38:14 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/27/2024 07:57:53 PM
- Compass Minerals Announces Participation in BMO Global Metals, Mining & Critical Minerals Conference • Business Wire • 02/22/2024 09:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/21/2024 10:07:51 PM
- Compass Minerals Names Gordon Dunn Chief Operations Officer • Business Wire • 02/21/2024 12:53:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/20/2024 09:03:18 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
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Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM