Massive white gold mine discovered in America
Kelly L. | Source: The Diary 24 | Posted 01/04/2025
U.S.-based technology company Energy Exploration Technologies (EnergyX), which specializes in lithium extraction and refining, has revealed that it’s planning a CC BY-SA 3.0 IGO-licensed lithium project in North America called Lonestar Lithium. The location is the “Ark-La-Tex” region where the southern U.S. states of Arkansas, Louisiana, and Texas meet.
AI generated summary
Energy Exploration Technologies, a U.S.-based company specializing in lithium extraction, announces its Lonestar Lithium project in North America's "Ark-La-Tex" region, aiming for production levels of 25,000 tons per year. The company recently acquired a lithium resource in Chile, estimating a resource of 2.6 million to 5.5 million tons with high concentrations of lithium. This project has the potential to significantly increase the United States' lithium production.
EnergyX secured Series B financing from institutional partners, ensuring buyers for their lithium production, primarily for electric vehicle batteries. The company is developing LiTAS technology for direct lithium extraction, partnering with Kiewet for engineering and construction. LiTAS aims for sustainable and efficient lithium extraction, with features such as selective extraction, enhanced recovery rates, energy efficiency, water conservation, and scalability. This innovative technology offers advantages like reduced environmental impact, faster processing times, and versatility in different brine sources.
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Source Link: https://www.eldiario24.com/en/america-arkansas-lithium-mine/6931/
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