LITHIUM STOCKS AND CHARTS

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Saturday, April 29, 2023, US startup pilots new methodology to extract lithium in Chile

David Snydacker founded Lilac, a startup that promises to make lithium extraction more efficient and sustainable by separating ions. They have operations in Argentina and the USA; and this week – just as the government unveiled the national strategy – they began a pilot in northern Chile.

These days they are starting a pilot in northern Chile, and in the coming weeks they will announce the company with which they will collaborate. Snydacker says that historically bringing a lithium brine project online takes 10 years, and with his technology it takes four; In the conventional process, ten thousand hectares are required and 40% of the lithium is recovered, while with them they only need ten hectares and 80% is recovered, in addition they use ten times less amount of fresh water.

https://dfmas.df.cl/df-mas/punto-de-partida/startup-estadounidense-pilotea-nueva-metodologia-para-extraer-litio-en