Post by
LiLuv66 on Feb 16, 2024 1:55pm
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!!!!!!!!
Comment by
Arvid77 on Feb 16, 2024 2:24pm
I agree Liluv, but still a few too many "shoulds" in there for my comfort. There 'should' be a bit more light shed on this during the presentation on the 22nd.
Comment by
MrPeters on Feb 16, 2024 2:29pm
Just as well throw this into the mix for a Friday. Largest Hard Rock mine in Australia has 250 Operational jobs on the books. not counting construction crews. How many Operational Jobs will be on the books at E3 when the time comes. A Dozen ?? So yeh once in operation DLE is the way to go. Even if only to go Green. gl
Comment by
GreenArrowUp on Feb 17, 2024 9:14am
Great Post I agree with it all. I will add I would think once DLE is up and running you will many more hard rock mines go out of business.