LITHIUM STOCKS AND CHARTS

[TradingCharts]

Battery companies is what I am concentrateing on, no more mining for me. I'll hold what I own until March 2024 than I'm out of mining for good.

Tetra Technologies announced plans to build a $500 million lithium production facility. It is not unreasonable to expect Exxon to spend as much as SLI for capital expenditures. The main players are already connected in various ways. First ExxonMobil paid $100 million for 120,000 acres of leases in the Smackover play. Then it joined Tetra to develop more than 6,100 acres in Arkansas. Tetra had already leased more than 27,000 acres in Arkansas to Standard Lithium and also is working with Saltwerx, a subsidiary of ExxonMobil. The SLI connectivity continues as Tetra currently buys bromine from SLI partner Lanxess.

Furthermore, Standard Lithium has proven two concepts of direct lithium extraction in Arkansas — SLI’s proprietary LiSTR process and a co-developed process with Koch Technology Solutions (KTS). The Lithium Selective Sorption (LSS) process is the product of the SLI-KTS collaboration, and Standard Lithium has regional exclusivity for the LSS process in the Smackover formation. SLI’s feasibility study of the production process will conclude in 2024, with construction commencing in 2025 and first production expected in 2027.

The SLI process starts with “brine entering the production facility to be pre-treated and then processed via the co-developed Koch Technology Solutions’ LSS direct lithium extraction process. After purification and concentration, final conversion to a lithium hydroxide product would use a modified chlor-alkali electrolysis process. After lithium extraction, the lithium-depleted brine will be returned to the resource area by a pipeline system to the network of brine injection wells.”

https://armoneyandpolitics.com/lithium-boom-headed-our-way/