New lithium technology can help the world go green — if it works

The project sits atop the Incahuasi Salar and it is located on the Chile/Argentina national border some 75 kilometres southeast from the Atacama Salar.

Following two innovation summits between ICMM members and suppliers, a governance model for collaboration has been designed.

Critical Elements can now deliver a battery grade lithium hydroxide to the electric vehicle market.

The deeper the mine, then the bigger the savings.

This development is part of the company' s quest to move forward with a rapid lithium extraction technology.

The southern African nation is pushing the metal as a major draw for investors as it looks to attract capital to its mining sector following the ousting last year of former president Robert Mugabe after almost four decades in power.

Byton already has financial backing from Chinese battery supplier Contemporary Amperex Technology Co.

While the decision is final and not subject to appeal, one legal hurdle remains — Pampa Group, which controls SQM, earlier this month filed an additional appeal with Chile’s TDLC antitrust court.

A PFS supports the development of a new Australian-backed US$599 million lithium and boron mining and processing operation in Nevada.