Craig Stubbs’ Post

The upside of #petrolithium Since its inception, petrolithium has been showcased as an alternative to conventional lithium mining, which has faced greater environmental scrutiny in recent years. Touted for its minimal surface footprint, reduced carbon emissions and water recycling capabilities, petrolithium offers far-reaching benefits that are better aligned with the ultimate goals of electrification than historic mining approaches. Additionally, petrolithium unlocks vast amounts of untapped lithium in the US and Canada, lessening national dependency on foreign resources and reducing national security risks. Unlike the salt-laced playas of the Lithium Triangle of South America or the lithium-concentrated mineral veins of the Australian Outback, North America has an abundance of deep oil and gas reservoirs containing lithium-enriched brines. Although petrolithium resources have not been exploited in the past, they have long been considered. Given the rapid adoption and production of EVs and changing economics, as well as new major investments from an array of interested parties, it appears that the development of this critical resource has finally come. It will be exciting to see how it advances over the coming months and years, not only in North America but the rest of the world. Galvanic Energy https://lnkd.in/e6qqXmUc #petrolithium #exploration #oilandgas #oilandgasindustry #oilandgasexploration #northamerica #criticalrawmaterials #usa #lithium #lithiumexploration

What is petrolithium? With the rise of the electric vehicle (EV), lithium has been portrayed as ‘the new gasoline’ and ‘the new oil.’ However, these descriptors are merely illustrative and not intended to be taken literally. Likewise, the term ‘petrolithium’ is not intended to describe some sort of fuel or petroleum and lithium mixture, which can lead to confusion about the role of lithium and ion batteries. Rather, the term describes the coexistence of lithium in certain oilfield reservoirs or the operation of extracting lithium from brine solutions present in oilfields, not the separation of lithium from oil or other hydrocarbons. Petrolithium may have first been coined in 2016 by Jared Lazerson, CEO and founder of MGX Minerals, a lithium mining startup company that once promoted the chemical extraction of lithium in Alberta oilfield brines. The following year, Lazerson formed a company bearing the name (PetroLithium Corporation of America) to acquire mineral leases in US oilfields. The term has since been used to describe other companies, including E3 Lithium and Standard Lithium, which are similarly focused on extracting lithium from North American oilfield brines. Brent Wilson Founder and CEO Galvanic Energy https://lnkd.in/e6qqXmUc #petrolithium #lithium #oilandgas #energytransition #exploration #criticalrawmaterials #batteries #energystorage

Galvanic Energy CEO Brent Wilson examines the history and progression of #petrolithium exploration. What is petrolithium? With the rise of the #electric vehicle (EV), #lithium has been portrayed as ‘the new gasoline’ and ‘the new oil.’ However, these descriptors are merely illustrative and not intended to be taken literally. Likewise, the term ‘petrolithium’ is not intended to describe some sort of fuel or petroleum and lithium mixture, which can lead to confusion about the role of lithium and ion batteries. Rather, the term describes the coexistence of lithium in certain oilfield reservoirs or the operation of extracting lithium from brine solutions present in oilfields, not the separation of lithium from oil or other #hydrocarbons. #Petrolithium may have first been coined in 2016 by Jared Lazerson CEO and founder of MGX Minerals, a lithium mining startup company that once promoted the chemical extraction of lithium in #Alberta oilfield brines. The following year, Lazerson formed a company bearing the name (PetroLithium Corporation of America) to acquire mineral leases in #US oilfields. The term has since been used to describe other companies, including E3 Lithium and Standard Lithium, which are similarly focused on extracting lithium from North American oilfield brines. You can read the full article here on the Innovation News Network website: https://lnkd.in/eUK3w7jp #lithium #cleanenergytransition #electricvehicles #innovation

Volt Lithium Corp. SUCCESSFULLY PRODUCES BATTERY-GRADE LITHIUM CARBONATE FROM PERMIAN BASIN OILFIELD BRINE (TSXV: VLT | OTCQB: VLTLF I FSE: I2D) Key Highlights: *Successfully produced > 99.5% battery-grade lithium carbonate *Samples of lithium carbonate have been created and verified via third-party testing for review for potential offtake partners *Ongoing production of lithium chloride concentrate and lithium carbonate for the remainder of 2024 Bottom-line: Successfully producing battery-grade lithium carbonate from the Permian is another significant milestone that Volt has achieved this year. Volt Lithium is on track to become one of North America’s first commercial producers of lithium from oilfield brine, contributing to the security of future sources of critical minerals in North America. https://lnkd.in/gKxRh9VT #DLE #DirectLithiumExtraction #OilfieldBrine #Permian #Lithium #Mining #Energy #Batteries #LithiumCarbonate

Galvanic Energy CEO Brent Wilson examines the history and progression of petrolithium exploration. What is petrolithium? With the rise of the electric vehicle (EV), lithium has been portrayed as ‘the new gasoline’ and ‘the new oil.’ However, these descriptors are merely illustrative and not intended to be taken literally. Likewise, the term ‘petrolithium’ is not intended to describe some sort of fuel or petroleum and lithium mixture, which can lead to confusion about the role of lithium and ion batteries. Rather, the term describes the coexistence of lithium in certain oilfield reservoirs or the operation of extracting lithium from brine solutions present in oilfields, not the separation of lithium from oil or other hydrocarbons. Read the full article here: ⤵ https://lnkd.in/e6qqXmUc #lithium #petrolithium #mining #criticalrawmaterials #energytransition #oilandgas

What is petrolithium? With the rise of the electric vehicle (EV), lithium has been portrayed as ‘the new gasoline’ and ‘the new oil.’ However, these descriptors are merely illustrative and not intended to be taken literally. Likewise, the term ‘petrolithium’ is not intended to describe some sort of fuel or petroleum and lithium mixture, which can lead to confusion about the role of lithium and ion batteries. Rather, the term describes the coexistence of lithium in certain oilfield reservoirs or the operation of extracting lithium from brine solutions present in oilfields, not the separation of lithium from oil or other hydrocarbons. Read the full article here ⏬ https://lnkd.in/e6qqXmUc #petrolithium #lithium #exploration #criticalrawmaterials #oilandgas #mining #energytransition

Key Takeaway: Lincoln Minerals (ASX: LML) recent exploration review has significantly increased the potential of its Kookaburra #Graphite Project (KGP), positioning the project on track for Tier 1 status. With #exploration targets now vastly expanded to 6Mt -126Mt, additional to the already established 12.3Mt MRE, Lincoln Minerals Ltd underscores its potential to host a world-class graphite deposit, further solidifying Australia’s Eyre Peninsula as a premier graphite region. 📰 Lincoln Minerals Sets Sights on Tier 1 Status with Kookaburra Graphite Project Expansion | Media coverage by StockHound. https://lnkd.in/gH6iQ6vC #LML #ASXnews

LithiumBank announces largest-known high-grade lithium discoveries across North America. LithiumBank Resources has announced high-grade lithium resources of an estimated 10,078,000 tonnes of inferred Lithium Carbonate Equivalent (LCE) at a grade of 79.4 mg/L within the Leduc Formation. Furthermore, the Company has discovered 11,603,000 tonnes of inferred LCE at 80.9 mg/L high-grade lithium within the Swan Hills Fm aquifer underlying its 100% owned Park Place lithium brine project. Rob Shewchuk Chairman & CEO LithiumBank https://lnkd.in/eUJUvfmB #lithium #lithiumbatteries #energystorage #energytransition #criticalrawmaterials #USA #NorthAmerica The initial mineral resource estimate assessments were prepared by global technology company SLB (NYSE: SLB) using 3D static modelling mining workflows. These assessments were then used to determine the resource estimates and reviewed and validated by a Qualified Person as defined by National Instrument 43-101 of Canada.

LithiumBank announces largest-known high-grade lithium discoveries across North America: LithiumBank has announced high-grade lithium resources of an estimated 10,078,000 tonnes of inferred Lithium Carbonate Equivalent (LCE) at a grade of 79.4 mg/L within the Leduc Formation. Furthermore, the Company has discovered 11,603,000 tonnes of inferred LCE at 80.9 mg/L high-grade lithium within the Swan Hills Fm aquifer underlying its 100% owned Park Place lithium brine project. “LithiumBank spent the past five years consolidating Park Place brine-hosted mineral licenses. This work has now culminated in 100% ownership of the largest LCE inferred mineral resource in North America and with the highest recorded lithium grade in Alberta,” said Rob Shewchuk, CEO of LithiumBank. He added: “The Park Place resource puts LithiumBank’s collective lithium brine resources inventory for the Company’s Alberta projects at 27.78 million tonnes LCE. This presents district scale potential opportunity for Canada to become a major supplier of lithium in North America.” Read the whole story here, at the Innovation News Network website: https://lnkd.in/eqFxex7z For more information on LithiumBank, visit their Innovation News Network Partner Profile: https://lnkd.in/eYZuzS4s #lithium #mining #esg #criticalrawmaterials #canada #batteries #evbatteries #alberta

C$16 million in new funding is going to support the Saskatchewan Research Council (SRC) in City of Saskatoon to establish its rare earth processing facility and develop new rare earth mineral processing technologies. Of the list of 34 critical minerals, 27 of those can be found in the province Saskatchewan. Rare earth metals are used in electric vehicles (EVs), wind turbines, electronics, and industrial uses. For example, those produced from SRC’s recent purchase of #bastnaesite alone could be used to power 62,500 electric vehicles. Read about our work in mining: https://lnkd.in/gJuEHRQe #mining #prospecting #minerals #rareearth #exploration #energy #ev Saskatchewan Trade & Invest Saskatchewan Mining Association CIM | Canadian Institute of Mining, Metallurgy and Petroleum Prospectors & Developers Association of Canada (PDAC) Mining Association of Canada Saskatchewan Business Magazine Saskatchewan Chamber of Commerce Regina & District Chamber of Commerce