Schlumberger unit to launch Nevada lithium plant as EV demand rises
Lithium carbonate precipitate (Stock Image)
Oilfield services firm Schlumberger’s New Energy division said on Thursday it would launch a lithium extraction plant in Nevada to cash in on the surging demand for the battery metal from electric vehicle makers and technology companies.
The division said it has invested more than $15 million in the direct lithium extraction process and expects the development and operation of the Nevada plant to require similar funding.
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Earlier this year, top lithium producer Albemarle Corp said it would double production at its facility in Silver Peak, Nevada
Wall Street Is Betting Billions on an EV-Fueled Lithium Comeback
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Standard Lithium CEO Robert Mintak, COO Dr Andy Robinson to Participate in Fireside Chat at the 33rd Annual Roth Conference
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Standard Lithium CEO Robert Mintak, COO Dr. Andy Robinson to Participate in Fireside Chat at the 33rd Annual Roth Conference
March 12, 2021 09:00 ET | Source: Standard Lithium Standard Lithium
VANCOUVER, British Columbia, March 12, 2021 (GLOBE NEWSWIRE)
Standard Lithium Ltd. (TSXV: SLL) (OTCQX: STLHF) (FRA: S5L), an innovative technology and lithium project development company, will participate in a live virtual fireside chat during the 33
rd Annual ROTH Growth Conference on Monday, March 15 at 5:30pm ET.
Standard Lithium CEO Robert Mintak and President and COO Dr. Andy Robinson will discuss matters of interest to investors, including the complexities of the global lithium market, current lithium production factors, and the broader push by automakers and governments to prioritize investments in EVs. They will also provide background about Standard Lithium’s progress toward ramping up the first new commercial lithium project in the U.S. in mo