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I'm sure there are better extraction methods. But what is more...

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Drapa

375 Posts.

27

24/05/19

07:25

Post #: 38721155
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Originally posted by fnbig1: ↑

Is it just me or does it seem a bit crazy that today, the most efficient way to extract lithium from brine is using the sun and evaporation ponds. We are living in an age of huge technological advances and with EV' s being at the forefront of this technological change, surely we can identify a better way. I struggle to foresee a scenario where sun drenched evap ponds with their ~40% recovery rate, remain the most efficient prices going forward.

Imao, if it's not Lilac, it will be another company and when it does happen (I'm tipping within the next year or two) the likes of GXY are going to be worth a fortune especially compared to hard rock. SDV is already touted to be at the lower cost end of the scale. Imagine the cost reductions with our high quality brine pumping through a process that takes 3 hours with 90% recoveries versus the old timely evap pond method. How much will SDV be worth then?

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I'm sure there are better extraction methods. But what is more economical and better for the environment then letting the sun do the work? I don't know if environmental concerns are taken into account when they do this stuff but If you start using diesel generators and such to power large fans and heaters then we might as well go back to fossil fuels haha.

GXY Price at posting: $1.68 Sentiment: Buy Disclosure: Held
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