re: Diving deeper on Standard Lithium?

Looks like a buying opportunity this morning.

Down below $2 now. SL's patented process is by all indications cheaper, faster and cleaner than its competitors.

LINK

I think they are still waiting for their shipment to Canada to get through the border lock-downs.

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That is reliant on getting waste brine from oil manufacturers in the area.

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I think this is not accurate.
The waste steams are from bromine plants not oil producers.
The oil industry was responsible for finding the brine deposits.
The demise of the oil industry is not a threat to this plant.

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Have to let us know when they actually start building. As long as everything works like they said and with Lanxess I

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They have been readying the west plant. Original plan was just the central plant. They are doing work at old Tetra site. The brine wells are in place already. They should be able to produce 70,000 tons in short time. I have a feeling next announcement will be the successful conversion to lithium hydroxate and the operations at the 3 sites. Since they decreased the process from 72 hours to around 6 hours, they can ramp up production as needed. The units are self contained and operate 24/7. There is no real construction needed aside from building more modules, that may or may not be going on at the moment. They can produce a nice profit at current prices. No need to flood the market and deplete the resource until prices and demand goes up.

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Tesla is buying lithium deposits because they are worried about not having enough lithium.

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Why? Lithium demands are expected to rapidly grow to well over 1 million tons/year. It takes about 18 months to extract using current techniques and is costs and labor intensive. That means more expensive and horrible for environment. STLHF and Lanxess have zero environmental impact, if anything the water is cleaner before reinjection. That's assuming that other elements such as sodium, magnesium, and sulfur aren't removed as well. Apparently, this tech for lithium extraction can be used for other things as well. If true, it would be HUGE for Lanxess. They have to treat brine spills as a HAZMAT clean up. If you spill drinkable water, no issues. That's speculation based on discussions with people. If it were a byproduct of STLHF's process, that would be additional revenue albeit not as glamorous as 99.9% lithium. I think what people aren't realizing is that there is no other method or situation like this. That's why STLHF hand picked Lanxess over Albermarle. Albermarle tried it with another group and it failed miserably. Just FYI, Albermarle is looking at going into EV battery production.

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I think this is not accurate.
The waste steams are from bromine plants not oil producers.

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I think this is not accurate. The brine “waste” stream (feed stream for STL) is a byproduct from the O&G manufacturers in the area. That stream is usually sent to Br manufacturers in the area as a swap agreement. They (Alb and Chemtura) take the O&G tailbrine and use it for a variety of things. Br extraction, cooling, whatever. Then they send their spent process tailbrine back to the O&G manufacturers who turn around and use it as injection fluid.

The Tetra deal looks like they are analyzing tailbrine of O&G wells in the area to see if it is Li heavy enough to use as feed stock. Those are small companies and if oil prices stay low they shut those wells down, thereby not producing the brine waste stream.

I don’t think Albemarle is going to send a competitor feed stock for a lithium process. Does Lanx have enough volume to keep that running? And what is their contractual commitment to supply injection fluid to other wells in the area? Those are the only guys extracting bromine in Arkansas.