Oilfield Brine Sources for Lithium Extraction

Oilfield Brine Sources for Lithium Extraction 2017-08-24T20:55:14+00:00

Oilfield Brine Sources for Lithium Extraction

Along with evaluating and potentially licensing lithium extraction process, International Battery Metals has also begun its efforts to secure access to oilfield brines that are ideal for lithium extraction from brine. Some of the key selection criteria’s include:

  • Documentation of high lithium and TDS content of brine
  • Volume of brine potentially available and materiality of potential developed asset
  • Availability of existing brine production infrastructure
  • Ownership and whether present owner is motivated to sell or lease access
  • Geologic certainty of resources, focus on low/no risk
  • Factors affecting title and certainty of ownership
  • Expansion possibilities
  • Operating costs
  • Labor market considerations
  • Surface access considerations
  • Regulatory environment considerations
  • Energy availability (for process heat)
  • Takeaway transportation nearby including rail lines and roadways