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Schlumberger New Energy to Launch Its First Lithium Extraction Pilot Plant at Pure Energy's Clayton Valley Lithium Brine Project
NeoLith Energy's differentiated direct lithium extraction process aims to enable a sustainable...
About this update from Pure Energy Minerals Ltd.
[{"type":"text","content":"Schlumberger New Energy to Launch Its First Lithium Extraction Pilot Plant at Pure Energy's Clayton Valley Lithium Brine ProjectNeoLith Energy's differentiated direct lithium extraction process aims to enable a sustainable, efficient, and flexible lithium production ecosystem.Vancouver, British Columbia--(Newsfile Corp. - March 19, 2021) - Pure Energy Minerals Ltd. (TSXV: PE) (OTCQB: PEMIF) (\"Pure Energy\" or \"the Company\") is pleased to report a significant milestone announcement by its partner, Schlumberger New Energy, at Pure Energy's 100% held Clayton Valley (\"CV\") lithium brine project. This week, Schlumberger New Energy announced its plans to develop a lithium extraction pilot plant through its new venture, NeoLith Energy. Construction and development of the pilot plant are planned to occur at the Clayton Valley project, Nevada.Schlumberger New Energy states in its news release dated March 18, 2021: \"The NeoLith Energy sustainable approach uses a differentiated direct lithium extraction process (DLE), process to enable the production of high-purity, battery-grade lithium material while reducing the production time from over a year to weeks. This innovative process can create new market opportunities for lithium extraction and battery manufacturing economy, and maximize the value of the lithium-rich resource base in Nevada with cutting edge extraction technology.The demand for battery-grade lithium is projected to grow exponentially, driven by growth in the electric vehicles (EV) market. As EVs greatly depend on Li-ion rechargeable batteries, sustainable and efficient lithium production has become an important topic for regions, industries, and technology companies, as well as battery and large automotive manufacturers. NeoLith Energy's pilot plant is a step towards a full-scale, commercial lithium production facility. The pilot plant results will be used to optimize the design of the full-scale production plant. The production plant will utilize an environmentally friendly method for subsurface brine extraction and lithium production that requires a significantly smaller footprint and reduces water consumption by over 85% compared to current methods for lithium extraction from brine. \"Nevada lithium resources present an excellent opportunity to demonstrate a leap in production efficiency with a more sustainable appr...