RE:RE:RE:Don't think HPQ is in the catbird seat ?What?? The Exxon is a Brine lake at 10000 ft down . They suck up the brine , extract the lithium and pump the water back in
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Exxon Mobil Corp. plans to become one of the biggest suppliers of lithium for electric vehicles, marking the oil giant’s first major foray outside of fossil fuels in decades.
Exxon will extract the metal from underground saltwater reservoirs in the Smackover Formation in southern Arkansas, employing a novel method called Direct Lithium Extraction not currently deployed at scale. Exxon aims to produce its first lithium by 2027 and ramp up output to the equivalent of one million electric vehicles annually by 2030.
Pandora wrote: Uncleron wrote: To mine 1 ton of lithium it takes 200,000 litres of water....There is a big mine in Atacama desert of Chile and it is already depleting and polluting the local water table....It's time to get rid of lithium and go to full solid state batteries .....I'm glad that HPQ has bigger fish to fry than just batteries...like Si metal and fumed silica and the NiSR suite of micron & atomized powders....That's our bread & butter,,,for now anyway....uncleron is always right !..cheers
CrazyProphet wrote: THINK AGAIN !!
Exxon earlier this year purchased 120,000 acres of a geological site in southern Arkansas called the Smackover Formation that is rich in lithium.
The company will start producing battery-grade lithium at the site as soon as 2027, and aims to supply enough of the mineral to support the manufacture of one million electric vehicles annually by 2030.
Discussions with potential customers such as electric vehicle and battery manufacturers are ongoing, Exxon said in a statement.
The lithium operation comes as the the major oil companies are under pressure to address climate change. While Shell and BP have focused on renewables such as wind and solar, Exxon is investing $17 billion through 2027 to reduce emissions with a focus on carbon capture, hydrogen and biofuels.
Dan Ammann, president of Exxon’s low carbon solutions business, told CNBC that ramping up domestic production of lithium is crucial to the energy transition. Exxon views lithium as a decades-long investment with high growth potential as the U.S. shifts to electric vehicles, Ammann said.
“We want to get in early,” Ammann told CNBC’s “Squawk Box.” “We want to lead the way on domestic production of lithium, do it with a very favorable environmental footprint and set that as the standard.”
If water is such a vital component of lithium mining why do we not hear more about that? I thought water was a valuable commodity?
Processing of Lithium Ore The lithium extraction process uses a lot of water—approximately 500,000 gallons (1,9million liter) per metric ton of lithium. To extract lithium, miners drill a hole in salt flats and pump salty, mineral-rich brine to the surface.Apr 6, 2023