Let's go!Lithium hydroxide production cost from hard rock may indeed be unprofitable at current lithium prices. However, when it comes to Direct Lithium Extraction (DLE) from underground brine, the situation may be quite different. I think DLE is a game-changer in the lithium industry, as it offers a more efficient and environmentally friendly way to extract lithium from brine sources.
The main advantage of DLE is it should have significantly lower cost and higher lithium recovery rate compared to traditional methods like evaporation ponds. This means that even at lower lithium prices, DLE can remain profitable due to its reduced operational expenses and higher efficiency.
Moreover, DLE certainly should have a lower environmental impact, which is becoming increasingly important as the world focuses on sustainable practices. This can give DLE an edge in the market, as more companies and governments prioritize environmentally friendly solutions.
So, while lithium hydroxide production from hard rock may be unprofitable at today's prices, DLE from underground brine may offer a more cost-effective and sustainable alternative. I believe the lithium industry is in for a surprise, as DLE has the potential to revolutionize the way lithium is extracted and could play a significant role in meeting the growing demand for lithium in the future.
Just some thoughts. Hope to find out more next week. DYODD Let’s go E3!!!!!!!!