MTL 25.0% 0.2¢ mantle minerals limited

I wonder if these new technologies made solid lithium ores less...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 883 Posts.
    lightbulb Created with Sketch. 70

    I wonder if these new technologies made solid lithium ores less profitable on top of being much more plentiful.

    https://www.cnbc.com/2023/06/05/how-new-lithium-extraction-tech-could-help-us-meet-ev-targets.html

    ----

    • Livent’s most recent sustainability report indicates that it uses 71.4 metric tons of fresh water per metric ton of lithium carbonate equivalent, or LCE, produced. Lilac reported that in pilot testing it uses between 10 and 20 metric tons of fresh water, while EnergyX says it uses less than 20 metric tons.

      China-based Sunresin says that it recycles all of its fresh water, and that its newer projects will operate without evaporation ponds.
    --

    The throughput time increase is incredible.18 months of evaporation down to hours within a day through a series of salting out reactions.

    Promise?

    ----
    • ″Over the last 10 years, 90% of new lithium production has come from hard rock projects. But hard rock projects are increasingly expensive as we go into lower grade resources. And if you add up all the hard rock projects, there’s just not enough resource out there to meet automaker goals. It’s the brine resources that are large enough to electrify the vehicle industry,” Snydacker said.
    -----

    I did not know about this technology until today, it is a mood booster. Makes sense why we didn't look for hard rock Li either.

    Thanks, Queenslander I'm convinced the Li assets are worth quite a bit now.
 
watchlist Created with Sketch. Add MTL (ASX) to my watchlist
(20min delay)
Last
0.2¢
Change
-0.001(25.0%)
Mkt cap ! $9.296M
Open High Low Value Volume
0.2¢ 0.2¢ 0.2¢ $33.94K 22.12M

Buyers (Bids)

No. Vol. Price($)
104 425243783 0.1¢
 

Sellers (Offers)

Price($) Vol. No.
0.2¢ 32925270 21
View Market Depth
Last trade - 11.39am 18/11/2024 (20 minute delay) ?
MTL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.