Estimates of 30 to 50% of future lithium by 2030 will come from DLE . This will keep Lithium prices stable as demand increases. Plenty of companies in the past 6 months have proven their DLE technology works. The oil majors are ready to join the ranks of producers. DLE is cheaper cost wise than hard rock spodumene mining so expecting future investment dollars to swing over to this sector.
Oil Major ExxonMobil Details Plans To Be A Lithium Major, Too
https://www.forbes.com/sites/davidblackmon/2023/11/18/oil-major-exxonmobil-details-plans-to-be-a-lithium-major-too/
ExxonMobil says if the project goes according to plan, it will become one of the country’s leading suppliers of lithium by 2030.https://www.greencarcongress.com/2023/11/20231126-sl.htmlStandard Lithium Ltd., a near-commercial lithium development company, recentlysharedperformance results from its Direct Lithium Extraction (DLE) process at its Demonstration Plant (Plant) near El Dorado, Arkansas.
Initially commissioned in May 2020, the plant has operated on a 24/7 basis since then (aside from turnaround due to equipment upgrades in the plant and brine supply interruptions). To date, the plant has processed more than 15 million gallons (58 million liters) of Smackover brine, providing valuable data and overall process improvements for the design and future operation of a full-scale commercial DLE plant.
Lithium Recovery Efficiency:During a representative period of performance over July and August 2023, the LiPRO LSS (DLE) process achieved an average lithium recovery of 96.1% from the continuous incoming brine flow.
https://www.globalminingreview.com/mining/01022024/volt-lithium-successfully-produces-battery-grade-lithium-carbonate/Volt Lithium successfully produces battery-grade
Volt Lithium Corp. has announced that it has successfully produced 99.5% battery-grade lithium carbonate, a commercial and saleable lithium product, in-house at Volt’s permanent Demonstration Plant in Calgary.
https://www.globalminingreview.com/mining/30012024/cleantech-lithium-reports-positive-dle-test-results/
CleanTech Lithium reports positive DLE test resultsThe DLE sector is rapidly evolving, we are seeing developments from several companies all around the world to advance the production of lithium. Our trip to China towards the end of last year was enlightening, we were able to see on the ground the remarkable opportunity DLE provides for the lithium sector and the adoption of electric vehicles and clean energy storage solutions.
“Informed by the results we have announced today, our DLE pilot plant has now been loaded with Lanshen’s adsorbent, and plant commissioning is in process. This is a significant milestone for the company, as we aim to achieve process and product verification in 2024.”
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