Lithium Related News, page-4067

Search result on 'Lepidico us application' from google's ai bard gave me this.. looks like bard found the perfect location for a chem plant

Lepidico is an Australian company that is developing a new process for extracting lithium from lepidolite, a type of lithium mica. The company has applied for a US patent for its L‑Max® technology, which it believes is more environmentally friendly and cost-effective than traditional methods of lithium extraction.

Lepidico is also planning to build a lithium hydroxide plant in the United States. The plant would be located in Nevada, which is home to some of the world's largest lithium reserves. The plant would have a capacity of 10,000 tonnes per year, and it would be the first commercial-scale lithium hydroxide plant in the United States.

The company has received funding from the US Department of Commerce's International Trade Administration (ITA) to help with the development of its US operations. The ITA's funding will help Lepidico to conduct market research, develop a business plan, and build relationships with potential customers and partners.

Lepidico's US application is significant because it could help to increase the availability of lithium in the United States. Lithium is a key component of lithium-ion batteries, which are used in a wide range of products, including electric vehicles, laptops, and smartphones. The increasing demand for lithium is putting a strain on global supply, and Lepidico's US application could help to alleviate this problem.

In addition, Lepidico's L‑Max® technology is more environmentally friendly than traditional methods of lithium extraction. This could make it more attractive to US companies that are looking for sustainable sources of lithium.

Overall, Lepidico's US application is a positive development for the US lithium industry. The company's technology has the potential to increase the availability of lithium in the United States, and it is more environmentally friendly than traditional methods of lithium extraction. This could make Lepidico a major player in the US lithium market.