Intrepid Potash ( NYSE: IPI), Aquatech International and Adionics SAS reported Tuesday the effective conclusion of examination job to generate battery-grade lithium carbonate from result salt water at Intrepid’s Wendover, Utah potash center.
Denver- based Intrepid is a distributor of top notch potassium, magnesium, sulfur, salt and water items utilized in farming, pet feed and the oil and gas market.
The firm is the only United States manufacturer of muriate of potash, which is utilized in numerous commercial applications and as an active ingredient in pet feed. It has 2 manufacturing centers in Utah (Wendover and Moab), and one in Carlsbad, New Mexico.
Intrepid stated the prospective to create a lithium handling center in Wendover has actually remained to advance as Adionics and Aquatech effectively created battery-grade lithium carbonate in a presentation examination of Intrepid’s Wendover salt water.
The screening results attained a lithium removal price of 92.9%, creating a total lithium chloride pureness over 99.5%, the firm stated. The lithium that was created from Adionics’ center was additional refined by Aquatech to confirm the conversion and refining to battery-grade lithium carbonate.
In extra screening, Aquatech effectively transformed the lithium-rich salt water to a ≥ 99.5% lithium carbonate item, conference vital specs for battery production, the firm stated, including that with the effective screening outcomes, the events will certainly remain to move on under the present Joint Advancement Contract with their analysis of a lithium center in Wendover.
“ We are extremely delighted to companion with Aquatech and Adionics to proceed the growth of our lithium source at Wendover,” Intrepid chief executive officer Kevin Crutchfield stated in a press release. “Innovations in straight lithium removal ( DLE) modern technologies have actually come with the best time, as the USA has actually reprioritized enhancing its manufacturing of crucial minerals.”
Crutchfield stated the firm thinks the existing facilities at its Wendover potash procedure and the visibility of lithium in its post-process salt water separates this chance from various other lithium growth jobs.
” We’re confident our Wendover lithium job will certainly be amongst the initial residential jobs to get in the marketplace,” Crutchfield stated.
” For this job, we still prepare to restrict our funding direct exposure and danger, and will certainly remain to keep our concentrate on our core plant food procedures, however effectively generating income from lithium from our result magnesium chloride salt water will certainly comprise a crucial progression in driving margin enhancement at Wendover.”
By market close, Intrepid Potash’s supply was up 2.85% in New york city. The firm has a $382 million market capitalization.
发布者:Amanda Stutt,转转请注明出处:https://robotalks.cn/intrepid-potash-weighs-potential-to-develop-battery-grade-lithium-processing-plant-in-utah/