Chile pushes new lithium extraction method in risk to future supply
Chile’s government plans to require all new lithium projects to tap a production technique that’s barely used commercially anywhere in a bid to reduce water losses.
Rising adoption of battery-powered transport and the further development of vehicle-to-grid, or V2G, systems -- which allow the two-way flow of electricity -- could offer a potentially better option to store renewable energy.
A paper by Berkeley Lab scientists states that geothermal brines in the Salton Sea are expected to be a major source of domestic lithium for the United States.
It is expected that leading global investors focused on ESG & sustainability will comprise the majority of the investors in the offering, the company says.