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🌍 Pausefika news: From Black Gold to White Gold - SLB Breaking into Lithium Extraction ⚡ 🔋 SLB (formerly Schlumberger), a leader in oilfield services, is expanding its expertise into the booming lithium extraction market! 🚀 (see: https://lnkd.in/ddjRy5xy) In a major step towards energy innovation, SLB has achieved impressive results at its pilot lithium extraction plant in Nevada, using cutting-edge Direct Lithium Extraction (DLE) technology. 🛠️ Unlike traditional evaporation methods, DLE extracts lithium from brine through a filtration process, showcasing a more efficient and sustainable approach (see: https://lnkd.in/dH8-94r7 ) 🔋 Lithium, the "white gold," is key for the future of energy, especially in powering electric vehicles and battery storage solutions. With SLB's decades of expertise in fluid extraction, this venture could revolutionize the lithium industry and position SLB as a key player in the global energy transition. “This is a big moment,” says Gavin Rennick, President of SLB's New Energy division. Stay tuned on Pausefika for exchange with energy experts! PS: A few years ago, Todd Allyn Flach and I discussed the possibility of combining CCS with lithium brine extraction. Feel free to contact us if you're curious. Using oil & gas expertise for lithium extraction is a natural fit for a former shale gas specialist like me. Check it out here: https://lnkd.in/dAbi4sn5 #LithiumExtraction #EnergyTransition #Innovation #Sustainability #SLB #FutureOfEnergy #Tech #Pausefika

A new technology can extract lithium from brines at an estimated cost of under 40% that of today's dominant extraction method, and at just a fourth of lithium's current market price.

A new technology can extract lithium from brines at an estimated cost of under 40% that of today's dominant extraction method, and at just a fourth of lithium's current market price.

Lithium extraction represents an untapped opportunity in the Middle East

Sigma Lithium Corp (TSX-V:SGML, NASDAQ:SGML) said it had loaded its sixth shipment, comprising 22,000 tonnes of Quintuple Zero Green #Lithium, from its Grota do Cirilo lithium operation in Brazil. The shipment is part of a commercial distribution and marketing agreement with Glencore, designed to establish an eco-friendly, socially responsible, and globally sustainable lithium supply chain for electric vehicles. Glencore has prepaid 50% for this shipment at a premium price, representing 7.5% of the quoted LME/Fastmarkets lithium hydroxide price, the company noted. Sigma Lithium's Greentech Plant, achieving an annualized nameplate capacity of 270,000 tonnes, is seeing consistent production. The company is producing what is called Quintuple Zero Green Lithium, characterized by zero net carbon, zero coal power, zero tailings dams, zero utilization of potable water. More at #Proactive #ProactiveInvestors #TSXV #NASDAQ #SGML http://ow.ly/liZ8105fuA7

DLE Pilot Plant Produces High Quality Eluate Steve Kesler, Executive Chairman, of CleanTech Lithium (AIM: CTL) Lithium PLC , said: "The analysis of the eluate shows the DLE performance has exceeded our expectations, concentrating the lithium grade of the feed brine by 3.6X while achieving high recovery rates and low impurities. The first full batch of 24m3 of concentrated eluate is scheduled to be shipped in the coming weeks. The pilot plant has met its design capacity capable of producing 1 tonne of LCE per month, positioning CleanTech Lithium to produce significant quantities of lithium product samples for potential strategic partners. We are edging closer to be one of the first DLE based companies in Chile to produce battery-grade lithium carbonate." Congrats to the whole team CleanTech Lithium (AIM: CTL) Steve Kesler Gordon Stein Tommy McKeith Jonathan Morley-Kirk Maha Daoudi Alvaro Florez Keim #asxnews #investingnews #lithium https://lnkd.in/dbEzftQu

The surge in clean energy technologies has spiked mineral demand, raising prices significantly. This affects sustainable battery production, where, according to IEA data, minerals constitute over half of costs. Mineral scarcity, environmental concerns in mining and recycling, geographical concentration, climate-related risks, and diminishing mineral quality intensify supply risks, and this is definitely a valid topic for discussion. McKinsey & Company have created a great chart to show the relationship between supply, demand and price reactions and the supply reactions, technology shifts and material substitutions. With the cost of battery being halved by battery manufacturing giants CATL and BYD, when will start to see this in other supply chain elements for other technologies? #cleanenergy #battery #energyinnovation #energytechnology #batterymanufacturer #netzero

Ascend Elements - 𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐭𝐡𝐞 𝐂𝐡𝐚𝐫𝐠𝐞 𝐢𝐧 𝐆𝐫𝐞𝐞𝐧 𝐁𝐚𝐭𝐭𝐞𝐫𝐲 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲! If you're not yet familiar with Ascend Elements, it's time to get acquainted. Ascend Elements is able to take all types of lithium-ion batteries (LIB) and transform the critical elements into new cathode materials that rival or exceed the performance of cathode materials made with virgin metals. Their proprietary method efficiently separates valuable materials such as cobalt sulfate, manganese sulfate, nickel sulfate, lithium carbonate, and graphite. These can either be sold as commodities or further processed into customer-specified cathodes, which are among the most costly and carbon-intensive components in lithium-ion batteries. Their process results in 50% lower costs and up to 90% lower carbon emissions. Additionally, a recent study revealed that battery cells constructed using the Ascent Elements upcycled cathode material demonstrated a cycle life over 50% longer than cells made using traditional methods and had an 88% increase in power capacity. This implies that fewer batteries would need to be manufactured if we repurposed current and previously used lithium-ion batteries (LIBs).  The attached article may be a little older, but the company is right on track. https://lnkd.in/gywhTeWa

Mkango Resources Ltd. 2023 Highlights: - Mkango continued to cement its leading position and early mover advantage in #RareEarth magnet recycling - Acquisition of 100% of HyProMag Ltd targeting commercialising Hydrogen Processing of Magnet Scrap (“HPMS”) technology across multiple jurisdictions, including UK (in H2 2024), Germany (in 2025) and the United States (in 2026). - HPMS technology was developed to provide the solution for liberating NdFeB magnets from end-of-life scrap streams in a cost effective and energy efficient way - the resulting recycled NdFeB powder can then be fed back into multiple points of the rare earth supply chain including (short-loop) magnet manufacturing, to produce magnets with a significantly reduced carbon footprint, and (long-loop) chemical processing to produce rare earth carbonates and oxides. - HyProMag was selected for support by the Minerals Security Partnership - Formation of a 50/50 joint venture company, HyProMag USA LLC with #CoTec to roll-out the HPMS technology into USA, with CoTec responsible for funding the feasibility study and development costs - In December 2023, first production runs of short-loop recycled rare earth magnets completed at the Tyseley Energy Park rare earths hub in Birmingham, UK - Over 3,000 finished rare earth magnets produced from piloting to date underpins scale-up - First ESG report released highlighting the low carbon credentials of the recycling business, and the high CSR standards of its Songwe Hill Rare Earths project in Malawi NEAR TERM MILESTONES: - Full commissioning of pilot scale long loop (chemical route) recycling process at Tyseley Energy Park to produce rare earth carbonates and oxides targeted for H1 2024. - Initial commercial sales of NdFeB via HyProMag Ltd's short-loop recycling process at Tyseley Energy Park in the UK targeted for H2 2024. - Completion of HyProMag USA Feasibility Study targeted in H2 2024. Scope comprises hub and spoke model, with three HPMS spokes and one magnet manufacturing hub in Texas. - HyProMag GmbH first commercial production in Germany targeted for 2025. To discuss magnet scrap solutions and purchasing, magnet and other product sales, please contact magnets@hypromag.com To discuss collaboration and consultation, please contact technical@hypromag.com University of Birmingham University of Birmingham Enterprise REIA - The Global Rare Earth Industry Association #RareEarths Critical Minerals Association (UK) EIT RawMaterials European Raw Materials Alliance (ERMA) REEsilience https://lnkd.in/ebm2nGzM

🚀 Major Milestone in Clean Energy! 🌍 International Battery Metals (IBAT) has made a significant breakthrough in clean energy by pioneering a new method to extract lithium for electric vehicle batteries using advanced filtration technology. This innovation will lead to cheaper and more efficient production of lithium, which is essential for the EV industry. At a site in Utah, IBAT has started producing commercial volumes of lithium at a rate of nearly 5,000 metric tons per year. Unlike traditional lithium extraction methods that heavily rely on evaporation ponds and open-pit mining, IBAT's direct lithium extraction (DLE) technology is both faster and more environmentally friendly. It's a game-changer for the global energy sector, expected to transform the lithium industry into a $10 billion market within a decade. This efficiency leap is akin to how fracking revolutionised US oil production. This marks a critical time for the industry. By innovating a portable plant system, IBAT can easily relocate and reuse its facilities, enhancing both cost-effectiveness and environmental sustainability. Each plant is capable of recycling more than 98% of the water it uses, which is crucial in areas with water scarcity. How do you see this breakthrough shaping the future of electric vehicles and sustainable energy? Share your thoughts in the comments or visit netzeroevolution.com to learn more about our commitment to a sustainable future. #CleanEnergy #SustainableFuture #Innovation