Lithium Extraction
As part of its Produced Water Recycle program, BioCatters’ has the initiative to extract lithium from produced water, especially with the goal of creating a new market and addressing the disposal challenges associated with produced water. Lithium is a crucial element in the production of batteries for various applications, such as electric vehicles and renewable energy storage.
Sampling over 200 locations indicates a comprehensive effort to assess the feasibility of lithium extraction from different sources of produced water. Working with development companies suggests a collaborative approach, likely involving expertise from various fields to find a practical and efficient solution.
If successful, this initiative could contribute significantly to sustainable practices by repurposing a waste product (produced water) while simultaneously addressing the growing demand for lithium in various industries.
Market Overview
A New Generation of Energy Challenges
Renewable energy captures headlines with stories about splashy start-up companies and reports of new technologies with improved efficiencies or manufacturing processes. Other stories dissect policy debates about infrastructure, subsidies, and installation costs. Following the area story by story, it can seem like changing the world’s energy system away from fossil fuels is an intractable problem.