Schlumberger New Energy plans lithium extraction plant in Nevada
2021-03-19 13:47:53 [Print]
Oilfield services firm Schlumberger's New Energy division said on Thursday it would launch a lithium extraction plant in Nevada to cash in on the surging demand for the battery metal from electric vehicle makers and technology companies.
The division said it has invested more than $15 million in the direct lithium extraction process and expects the development and operation of the Nevada plant to require similar funding.
Schlumberger New Energy said it would extract lithium from brine, which occurs naturally around its proposed project site at Clayton Valley in Nevada, in a way that's more efficient than the industry standard of using evaporation ponds.
Schlumberger New Energy said the commissioning of its Nevada facility will begin following the receipt of all necessary permits, with NeoLith Energy intending to begin operations before the end of 2021.
The division said it has invested more than $15 million in the direct lithium extraction process and expects the development and operation of the Nevada plant to require similar funding.
Schlumberger New Energy said it would extract lithium from brine, which occurs naturally around its proposed project site at Clayton Valley in Nevada, in a way that's more efficient than the industry standard of using evaporation ponds.
Schlumberger New Energy said the commissioning of its Nevada facility will begin following the receipt of all necessary permits, with NeoLith Energy intending to begin operations before the end of 2021.
Lithium Carbonate 99.5%min Delivered China
Unit:RMB/mt
China lithium carbonate 99.5%mi producers' inventory to production ratio statistics by province by month
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