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"The revolution of electric vehicles" is absolutely impossible without lithium. I like it or not, but the paradigm change is coming.
Find lithium is not a problem. Its fully. The problem is not even in mining. It is much more difficult to invest directly in this direction. And I found a Canadian company that can help in this.
It is called Standard Lithium (OTC: STLHF, TSXV: SLL). The company uses a slightly different approach than drilling solid rocks or painstaking evaporation of material from mineralized reservoir water that lasts weeks or months.
In essence, Standard is not even a mining company. It works with companies that have already established raw materials extraction, which is the main source of income, be it copper, iron, nickel or anything else. As a rule, these are very large companies that do not want to bother with recycling lithium. The valuable partners for Standard Lithium makes them that the mines have already received all the necessary permissions, and the infrastructure allows maintenance of large amounts of production and transportation.
However, something that alone do not even want to pay attention can be a golden bottom for a small company who wants to cooperate (or rather, to pay for the privilege of slag / garbage / waste sorting) and thereby form an additional source of lithium. And for this you do not need to buy or rent the land, to obtain permits, "miserable" representatives of power (in some countries), rent equipment, hire a lot of employees, etc.
Standard Lithium has already passed the phase of hypotheses and laboratory tests. Now the company has a pilot program that is being worked out in conjunction with the German chemical giant Lanxess in the south-west of Arkansas. Lanxess (OTC: LNXSF) was founded 158 years ago, and its headquarters is located in Cologne. The company produces lubricants, additives, anti-pyrenes, bromine and derivatives for various applications in rubber, plastic and paint industry, membranes for water purification, plastics, fiberglass, composite fibers and many other things. But not in the lithium industry.
Lanxess allowed STLHF to launch a pilot project for 150 thousand acres of mineralized reservoir waters. In case of success, you can share activities on many other objects belonging to other chemical and mining companies, where Standard Lithium can simply collect equipment and deliver the crude lithium chloride to its recycling plant in Richmond.
Rent or buying equipment will help expand business to an incredible scale. In the future, there are hundreds of basins of mineralized water, and the demand for lithium is likely to only grow.
In the fourth quarter of 2020, Standard Lithium reported that 20,000 liters of lithium chloride were already delivered and transformed into lithium carbonate through the usual periodic process and the SIFT proprietary method. The company calls it the first step in the innovation chain of Direct Lithium Extraction (DLE) DemonStration Plant.
Within the framework of the program, the Listr technology was used by the company, which allows you to continuously process the incoming stream with a Lanxess South Plant volume of 50 gallons per minute. When converting into lithium carbonate, this is equivalent to annual production of 100-150 tons of product per year.
In addition, the experimental setting of lithium carbonate crystallization in Richmond has been successfully operating on lithium chloride produced last year at the mini-installation of DLE in Arkansas. According to the company:
"The SIFT plant has already produced high-purity lithium carbonate crystals from this lithium chloride and is now ready to take large amounts of product in a continuous stream from the Standard Lithium plant in Arkansas to final conversion to battery lithium carbonate."
As the president and chief operating officer Standard Lithium, Dr. Andy Robinson, noted: "Our first industrial scale plant in Arkansas is successfully functions, and now we have been continuously producing lithium chloride ... This is a very exciting moment, because we are approaching To the point when we can demonstrate the continuous process of extraction of lithium from mineralized waters and turn it into a material suitable for use in batteries. "
In case of success, the scalable and environmentally friendly STLHF process will choose evaporators from business (which, for example, used in Chile and Argentina), which, according to the company's statements, will reduce the processing time from months to hours and significantly increases the efficiency of lithium extraction. "
STLHF is also actively engaged in learning about 45,000 acres of land plots in the Mojave desert (San Bernardino district, California) and constantly looking for new opportunities.
Purchase of Standard Lithium shares is the development of my innovative investment strategy in electric vehicles and rehabative energy storage methods.
Disclaimer: Purchase of shares of small companies is a speculative transaction. Show due diligence! If you are not a client Stanford Wealth Management, then I have no idea about your financial position. Thus, this article is familiarized and should not be considered as a council for buying or selling specific securities.
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