Started By
Message

re: Diving deeper on Standard Lithium?

Posted on 7/2/21 at 10:30 pm to
Posted by LChama
Member since May 2020
2702 posts
Posted on 7/2/21 at 10:30 pm to
Where is LLKKF after all the dominoes fall in your opinion? Outside looking in?
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 7/3/21 at 5:47 am to
LINK

Did anyone see this PR that came out earlier this week from Galvanic Energy, LLC? They acquired 100,000 acres of leases in the Smackover and talked about the lithium resource and name dropped Standard Lithium. Things that make you go hmm....

I wonder if this is another clue in SmackoverHawg’s thesis of Standard Lithium trying to emulate Standard Oil.
This post was edited on 7/3/21 at 5:59 am
Posted by BallsEleven
Member since Mar 2019
6163 posts
Posted on 7/3/21 at 6:38 am to
Another potential partner?
Posted by wickowick
Head of Island
Member since Dec 2006
46137 posts
Posted on 7/3/21 at 10:10 am to
Posted by tigerfoot
Alexandria
Member since Sep 2006
59029 posts
Posted on 7/3/21 at 11:12 am to
quote:

Press release. HOPE for production by 2024 at earliest. Concentrations not as high. Transport an issue. STLHF has project in Mojave that is equal or better. They been developing it as well with Tetra and a chlorine company. Bristol Lake project. Info on company website. I'd said Salton sea area. It's close. That's one of their additional sources as demand increases and prices up. Plus the 30 brine sites Lanxess snapped up in Germany. I'm hoping for a SLI blitzkrieg that shuts the competition DOWN. Standard Lithium wasn't named that by accident. It's a tip of the hat to Standard Oil.


You are doing that thing again where I feel a little tingle down there.

Posted by KCRoyalBlue
Member since Nov 2020
1514 posts
Posted on 7/3/21 at 1:00 pm to
I so wish I was rich right now, so I could get that much richer.

I'll settle for a lower-middle class bump up to middle class.
Posted by GREENHEAD22
Member since Nov 2009
20066 posts
Posted on 7/3/21 at 1:15 pm to
I have been weighing out if I should add, waiting for it to see the 3s again. Think I am going to just bite the bullet, raise it up to 5k shares Monday.
Posted by GrizzlyAlloy
Member since Aug 2020
2581 posts
Posted on 7/3/21 at 2:08 pm to
Looks like they are operating as Saltwerx.

quote:

Does anyone produce lithium from the Smackover Formation?

Standard Lithium (aka Arkansas Lithium Corp.) currently operates a demonstration plant in conjunction with Lanxess Corp. in Union County and has plans to develop acreage in Lafayette County controlled by TETRA Technologies, Inc.




quote:

How does Direct Lithium Extraction work?

Direct lithium extraction (DLE) is a process in which dissolved lithium ions are selectively removed from the brine and processed into battery grade material. Unlike conventional lithium mining methods, which require open-pit mines or large evaporation ponds, brine mining operations, such as in the Smackover, use a closed-looped system with a very small, distributed footprint. Brine is pumped out of the earth, elements of interest are extracted, and brine is returned to the Smackover Formation.




https://www.saltwerx.com/faqs
Posted by GREENHEAD22
Member since Nov 2009
20066 posts
Posted on 7/3/21 at 2:35 pm to
I am confused, so this is direct competition also trying to use smackover?
Posted by eng08
Member since Jan 2013
5997 posts
Posted on 7/3/21 at 3:11 pm to
Possibly, could be trying to startup since standard lithium built a working proof of concept.

Albemarle tried a similar pilot but failed.

Also the lanxess site extracts bromine and generates a high concentrated tail water. The standard lithium plant is processing the tail water and “cleaning it up”.

If another company starts up trying to extract straight smack over brine (which has decent / low lithium concentrations) it will be tough to compete vs the lanxess concentrated tail water.

That was actually one reason Albemarle moved funding from the Arkansas projects, to focus on the higher concentrations overseas to get material to market sooner.
This post was edited on 7/3/21 at 3:12 pm
Posted by GREENHEAD22
Member since Nov 2009
20066 posts
Posted on 7/3/21 at 3:26 pm to
That is a main concern I have with standard, having the best method doesn't mean shite if you get beat to the contracts.
Posted by CarbonAce
Member since Apr 2021
174 posts
Posted on 7/3/21 at 4:03 pm to
Agree!
Posted by GrizzlyAlloy
Member since Aug 2020
2581 posts
Posted on 7/3/21 at 5:39 pm to
Mintak always says they are a technology company first and foremost. I took that as him saying they will provide companies with the technology to extract lithium (DLE). Hopefully Saltwerx/Galvanic is a company that buys up land resources and will partner with STLHF.

1 year ago Galvanic only employed 6 people. Here's an article about thier 2020 promising new business award. IDK if they are developing their own technologies or what, but neither of their websites mention it.

quote:



He said the company soon plans to enter its pilot phase to test extraction technologies, which will require additional funding.

While desalination systems could play a role in recovering the materials, Galvanic is using different technologies to recover them before reinjecting processed water back into the formations from where it was taken.

The company will use a production process akin to secondary oil recovery work.



One company's plans to harvest 'rare earth materials' earned it 2020's 'most promising new business' award by the Oklahoma Venture Forum



They do claim that their brine contains 325 ppm lithium VS Lanxess' 168 ppm.

quote:

How do Galvanic’s lithium concentrations compare to other North American brine prospects?

Galvanic’s average lithium concentration is 325 parts per million (ppm). By comparison, Standard Lithium reports an average concentration of 168 ppm for the Lanxess prospect and an average of 199 ppm for the TETRA prospect. Additionally, Anson Resources reports an average of 173 ppm in the Paradox Basin, Utah and E3 Metals reports an average of 75 ppm in the Alberta Basin, Canada.




I sent them an email asking if they are developing their own technology or if they will partner with Standard. I'll post if I hear back from them.
This post was edited on 7/3/21 at 5:42 pm
Posted by GrizzlyAlloy
Member since Aug 2020
2581 posts
Posted on 7/3/21 at 5:46 pm to
Here's their CEO. Up to 8 employees as of Jun 30th this year.

Galvanic CEO
Posted by SmackoverHawg
Member since Oct 2011
28986 posts
Posted on 7/3/21 at 5:52 pm to
Lanxess is higher than theirs. And tetras. At least from numbers I saw in standard lithium info. And they have to have brine wells and facilities in place. They don’t. Just leases. And I’m positive I saw an ivory billed woodpecker on some of their best stuff
Posted by GrizzlyAlloy
Member since Aug 2020
2581 posts
Posted on 7/3/21 at 5:55 pm to
That's not what they claim. I do agree that SLI is lightyears ahead of them. I don't think it is anything to be concerned about, especially if they are doing this on their own.
Posted by KCRoyalBlue
Member since Nov 2020
1514 posts
Posted on 7/3/21 at 11:16 pm to
Here's some breaking news regarding the Salton Sea and lithium.


LINK
Posted by GrizzlyAlloy
Member since Aug 2020
2581 posts
Posted on 7/4/21 at 3:19 am to
Under their key consultants is Lilac Solutions. They are claiming 1 hr conversion rates. Mintak better get on the stick.
This post was edited on 7/4/21 at 3:20 am
Posted by Tower_Tiger12
Member since Jan 2021
983 posts
Posted on 7/4/21 at 6:12 am to
The article with GM also says they won’t produce any lithium until 2024.
Posted by SmackoverHawg
Member since Oct 2011
28986 posts
Posted on 7/4/21 at 11:04 am to
quote:

Under their key consultants is Lilac Solutions. They are claiming 1 hr conversion rates. Mintak better get on the stick.


I'm claiming bullshite.

ETA-Plus STLHF is producing as we speak. 24/7 with current demo plant. Did y'all not see them filling those 500 gallon plastic containers with lithium chloride in a picture that was posted? Hint...they're producing at industrial capacity and optimizing/streamlining production. Would not be surprised if they show actual revenue on this quarter report as I believe Lanxess was going to buy their initial production. Can't remember how much volume. Price not given.
This post was edited on 7/4/21 at 12:57 pm
Jump to page
Page First 129 130 131 132 133 ... 948
Jump to page
first pageprev pagePage 131 of 948Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram