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re: Diving deeper on Standard Lithium?

Posted on 9/16/20 at 8:59 pm to
Posted by Woodbird
Member since Jun 2017
262 posts
Posted on 9/16/20 at 8:59 pm to
The Standard Lithium demonstration plant is onsite at one of Lanxess’ plants in South Arkansas extracting Lithium from Lanxess tail brine before they pump back down hole. Lanxess and Albemarle are direct competitors. I don’t know what the agreement between Lanxess and Standard Lithium is but there has to be an agreement between the two since the full buildout which was mentioned in the article linked above will be at the Lanxess facilities. I’m not sure if Standard Lithium has the capital to build those facilities or if Lanxess would buy them out, etc but I’m sure there’s a deal made that is clear on what the next steps are between the two should the demonstration plant prove viable.

Regarding squashing them, my understanding is the Standard Lithium technology is a proprietary technology they’ve discovered. The Lithium being present in the tail brine isn’t new news...just how they are processing it once they extract it. Albemarle’s South Arkansas facility is pumping tailbrine with trace lithium back in the ground every day. I’m sure if they had the technology to process it then they would love to extract it and do so.
This post was edited on 9/16/20 at 9:03 pm
Posted by SmackoverHawg
Member since Oct 2011
27387 posts
Posted on 9/16/20 at 11:08 pm to
quote:

I’m not sure if Standard Lithium has the capital to build those facilities or if Lanxess would buy them out, etc but I’m sure there’s a deal made that is clear on what the next steps are between the two should the demonstration plant prove viable.

Don't have to. They just had to fund the demo plant. Lanxess will fund the rest.
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