“Koch has put significant resources and funding into their lithium extraction technology, and so it makes strong commercial sense for AZL to partner with Koch and benefit from all the work they have done, rather than fund our own technology development,” AZL executive director Matthew Blumberg said.
“The extremely clean brine from the Prairie project in Saskatchewan comes out of the ground and enters into the Koch system, it is pretreated and then the sorbent selectively binds the lithium ions, maximising extraction percentage and impurity withdrawal,” Blumberg said.
“This produces a lithium chloride which is then further treated to create a concentrated lithium chloride.
“From here, the concentrated lithium chloride can be converted to a lithium carbonate or a lithium chloride salt can be created, depending on what offtakers want to buy.
”The DLE tech is expected to arrive on site in Q2 this year, with battery grade samples currently being distributed and tested in Asia. ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
We know DLE loves clean brine, so good to see it still gets mentioned as an attribute after months of production well testing.
Koch probably getting sick of that troublesome diarrhea looking brine from the Smackover.
AZL Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held
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