Member-only story
An insight to ASX Lithium stocks.
There’s a lot going on. Restructuring the Energy market was never going to be easy. Dip your toe into the Lithium market and discover what has been happening.
- Site in Argentina
- using ion exchange technology on brine extraction. lower impact.
- Design Feasability Study commenced in Jan 2021 with Hatch under direction of Dr Nicholas Lindsay.
Lilac Solutions provides ion exchange technology as an alternative to large evaporation ponds. Lithium brines hold approximately 75% of the world’s lithium resources, and are considered easier to access than hard-rock ore, but lithium extraction from brines represents a significant technological challenge.
In traditional lithium brine extraction, brine is pumped to the surface into giant evaporation ponds where it evaporates over the course of months, at which point the remaining concentrated brine is pumped out and sent to a recovery plant and then further purified. The process requires enormous tracts of land and has a devastating impact on local water resources. And traditional brine extraction is shockingly inefficient — it can only recover 40% of available lithium.
Lilac Solutions eliminates the need for evaporation ponds, extracting lithium directly from brine…
