Lilac Solution will potentially have operating costs lower than that of Brine evaporation or hard rock mining. The large resource they will apply this technology towards will see lower lithium prices imo and several high cost producers shut down.
Sep 12, 2019, 8:18 amRice Alliance names 10 most promising energy technology companies at its annual forum
https://houston.innovationmap.com/rice-alliance-most-promising-energy-tech-startups-2640319484.htmlLilac Solutions
Oakland, California-based Lilac Solutionsexists to enhance lithium production as the demand rises with the growth of the electronic vehicles industry. Lilac has created a unique ion exchange technology that can lower the cost of lithium production while increasing the speed. The company is currently operating pilot programs.
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