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Standard Lithium Ltd. said Wednesday that positive results from its Definitive Feasibility Study will lead to its first commercial lithium extraction plant project, proposed to be located at the Lanxess
Vancouver-based Standard Lithium predicts commercial production will start in 2026. An even bigger project could come soon afterward.
Companies racing to commercialize technology to extract lithium directly from brine.
Lithium Mining Race: The firm is among dozens of companies racing to commercialize technology to extract lithium directly from brine, ushering in a new source to supplement the hard rock mines and huge evaporation ponds that currently supply the battery metal to the world.
This new way of mining lithium is being seen as the solution for increasing output while protecting the environment all across the worlds EV supply chain.