Quote:
Originally Posted by Delthefunky
I hear you. they're 90% garbage and I can't stand the fake news interviews they have to do on YouTube to sell their companies.
For E3, the extraction process works, and there's a lot of benefits to it over evaporation or hard rock extraction. environmentally, purity, etc. they collaborated with these guys in 2018:
https://www.ualberta.ca/folio/2021/0...r-alberta.html
if it works I don't think anything is stopping multitudes or other companies from doing the same thing, but E3 will at least have a couple year head start, and some good properties.
what happened with Cielo? |
To clarify, I think you mean their tech works in a lab?? Scaling and commercializing is TBD AFAIK. I can think of 3 other Li companies trying various different Li extraction tech in AB right now (ion exchange, filtration, etc.). When I was looking a few years ago the problem is that 75ppm is the bare minimum because of the Li slippage through any process. Once you have the 2500-5000ppm concentrate, turning it into Li2CO3 or LiOH is much more straight forward. I think I've seen <30 wells in AB with conc. over 75ppm (of those with Li data obviously, most dont have it).
Another issue is ownership of the brine, wells, liability etc if oil craters again. But that's a totally different discussion.
Was Cielo affiliated with Expander / Rocky Mtn GTL?