Banter and General Comments, page-9837

https://www.forbes.com/sites/marekkubik/2019/09/24/this-breakthrough-lithium-extraction-technology-could-accelerate-the-sustainable-energy-transition/#612d4d7175fc

Great development for brine Li production...and good to see Aussie tech starring again!

"The set-up costs and environmental impact of LiTAS are also expected to be minimal. “Compared to the vast evaporation ponds, our technology can be deployed in fraction of that, in a factory setting,” added Egan. With no major land purchase costs, significant areas of natural terrain can be left unspoilt and unlike traditional evaporation techniques used by lithium miners no external freshwater usage is required.

The technology is a culmination of thousands of hours and millions of dollars in research stemming from a tri-institutional collaborative effort between Monash University, CSIRO (the Australian National Laboratory), and The University of Texas at Austin (UT). The work was also backed by a $10.75m U.S. Department of Energy grant.

EnergyX secured the exclusive worldwide rights to the technology for an undisclosed sum and other financial instruments. Several of the key scientists at the institutions are members of EnergyX’s Scientific Advisory Board.

The company says it is currently in discussions with major lithium mining companies to license the technology."