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The production process uses a certain amount of additional fresh...

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Stephan90

4,105 Posts.

1004

28/07/22

21:11

Post #: 62792171
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Originally posted by Figaro: ↑

I'll tell you what's a bit funny, it's the idea that evaporation ponds don't really use water because the evaporated water vapour falls again as rain "as if from buckets". That would be great if the rain always fell in the desert, that depleted-water-table desert, from which it was sourced. Unfortunately, clouds have a way of floating away and dropping rain elsewhere.

i hold AKE and lithium is ultimately good for the health of the planet, but evaporating large quantities of water from areas which don't have much is not ideal, and is a recognised ESG issue for all of the South American brine operators.

it's also worth pointing out that Vulcan, which I also hold, very clearly and deliberately discusses the risks associated with their process and technology in their corporate presentations. Your statement that the "questions are not mentioned by the companies" is not true.

Figaro

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The production process uses a certain amount of additional fresh water (less than DLE for the same amount of lithium carbonate), but the brine in both Argentina or Chile is saltier than ocean water and unusable for agriculture. The evaporation process is not problematic.

AKE Price at posting: $11.12 Sentiment: Buy Disclosure: Held
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