SLB Says Lithium Breakthrough Brings Full-Scale Plant Closer to Reality

SLB launches lithium filtration system after Nevada tests

SLB will commercially launch its direct lithium extraction (DLE) system after tests in Nevada.
The company aims to produce lithium for clients by 2027.
SLB's DLE technology can extract about 90% or more of lithium from brines.
The company plans to design a commercial plant with a capacity of 10,000 metric tons per year.
SLB believes it can produce lithium for less than $5,000 per metric ton.

SLB, formerly known as Schlumberger, has announced the commercial launch of its direct lithium extraction (DLE) system after conducting tests in a Nevada desert. The company aims to produce lithium for electric vehicle batteries by 2027, with plans to build a commercial plant that can produce 10,000 metric tons of lithium per year. SLB's DLE technology is designed to extract over 90% of lithium from brines, significantly improving efficiency compared to traditional methods that rely on evaporation. The company estimates it can produce lithium at a cost of less than $5,000 per metric ton, which is competitive in the current market where lithium prices are around $10,000 per metric ton. SLB has tested its technology at a Nevada brine deposit and is confident in its ability to replicate this success in various locations, including South America and North America.

SLB has announced the commercial launch of its direct lithium extraction system following successful tests in Nevada, aiming to produce lithium for electric vehicle batteries by 2027. The company plans to build a plant capable of producing 10,000 metric tons of lithium per year at a competitive cost.

SLB Launches Direct Lithium Extraction System

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SLB Launches Direct Lithium Extraction System

9/10/2024

[0]Reuters

[1]Bloomberg.com

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