Standard Lithium names David Park as CEO
Park has served as the president at a unit of Koch Industries, Standard Lithium's biggest shareholder.
Park has served as the president at a unit of Koch Industries, Standard Lithium's biggest shareholder.
To save costs, the company is launching a "comprehensive review of its cost and operating structure" that should be complete by October.
Over the next two quarters, the company will work on advancing and de-risking these projects.
The Kathleen Valley lithium mine is expected to reach production capacity of 3 million tonnes per year in early 2025.
Researchers at Rice University used microwave radiation and a biodegradable solvent to expedite lithium recovery.
Codelco is navigating one of the most challenging periods in its nearly 50-year history after a series of setbacks at projects and mines.
In the second quarter, NAL produced 49,660 dry metric tonnes of 5.3% concentrate – 23% more than the previous quarter.
The partnership would grant SQM the ability to extract lithium in the prized Atacama salt flat through 2060.
Mining companies could benefit in cash and technology as major fossil fuel companies invest in lithium.
A total of 12 companies have submitted proposals to develop a lithium project in Chile's Altoandinos salt flats.