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ILiAD DLE Tech Operating at Scale at SLB Project

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ILiAD Technologies celebrates the successful use of its direct lithium extraction (DLE) technology at SLB's Clayton Valley Demonstration Plant in Nevada. The plant, commissioned in March 2024, operates at one-tenth of commercial scale and has demonstrated significant improvements in lithium production:

- 500 times faster production time
- 96% lithium recovery rate
- Reduced land and water use
- Low-temperature processing at 95°F

ILiAD's technology, part of SLB's integrated solution, efficiently extracts high-purity lithium chloride from brines with a smaller environmental footprint compared to traditional methods. This success follows SLB's significant investment in ILiAD Technologies earlier this year, positioning the company to meet growing global demand for lithium in electric vehicle batteries.

ILiAD Technologies celebra il successo dell'uso della sua tecnologia di estrazione diretta di litio (DLE) presso l'impianto dimostrativo di Clayton Valley di SLB in Nevada. L'impianto, commissionato a marzo 2024, opera a un decimo della scala commerciale e ha dimostrato miglioramenti significativi nella produzione di litio:

- Tempo di produzione 500 volte più veloce
- Tasso di recupero del litio del 96%
- Ridotto utilizzo di terreni e acqua
- Processo a bassa temperatura a 95°F

La tecnologia di ILiAD, parte della soluzione integrata di SLB, estrae in modo efficiente cloruro di litio ad alta purezza da salamoia con un'impronta ambientale più ridotta rispetto ai metodi tradizionali. Questo successo segue l'importante investimento di SLB in ILiAD Technologies all'inizio di quest'anno, posizionando l'azienda per soddisfare la crescente domanda globale di litio per le batterie dei veicoli elettrici.

ILiAD Technologies celebra el exitoso uso de su tecnología de extracción directa de litio (DLE) en la Planta Demostrativa de Clayton Valley de SLB en Nevada. La planta, comisionada en marzo de 2024, opera a una décima de la escala comercial y ha demostrado mejoras significativas en la producción de litio:

- Tiempo de producción 500 veces más rápido
- Tasa de recuperación de litio del 96%
- Menor uso de tierra y agua
- Procesamiento a baja temperatura a 95°F

La tecnología de ILiAD, parte de la solución integrada de SLB, extrae de manera eficiente cloruro de litio de alta pureza de salmueras con una menor huella ambiental en comparación con los métodos tradicionales. Este éxito sigue a la significativa inversión de SLB en ILiAD Technologies a principios de este año, posicionando a la empresa para satisfacer la creciente demanda global de litio en las baterías de vehículos eléctricos.

ILiAD Technologies는 네바다에 있는 SLB의 클레이턴 밸리 시연 플랜트에서 직접 리튬 추출(DLE) 기술의 성공적인 사용을 기념합니다. 2024년 3월에 가동된 이 플랜트는 상업 규모의 10분의 1로 운영되며 리튬 생산에서 유의미한 개선을 보여주었습니다:

- 생산 시간이 500배 빨라짐
- 리튬 회수율 96%
- 토지와 물 사용 감소
- 95°F에서 저온 처리

ILiAD의 기술은 SLB의 통합 솔루션의 일환으로, 전통적인 방법에 비해 더 작은 환경 발자국으로 염수에서 고순도 리튬 클로리드를 효율적으로 추출합니다. 이번 성공은 올해 초 SLB가 ILiAD Technologies에 대한 대규모 투자를 한 뒤 이루어졌으며, 이는 전기차 배터리에 대한 글로벌 수요 증가에 대응하기 위한 회사의 입지를 강화합니다.

ILiAD Technologies célèbre l'utilisation réussie de sa technologie d'extraction directe de lithium (DLE) à l'usine de démonstration de Clayton Valley de SLB dans le Nevada. L'usine, mise en service en mars 2024, fonctionne à un dixième de l'échelle commerciale et a démontré des améliorations significatives dans la production de lithium :

- Temps de production 500 fois plus rapide
- Taux de récupération du lithium de 96%
- Réduction de l'utilisation des terres et de l'eau
- Traitement à basse température à 95°F

La technologie d'ILiAD, qui fait partie de la solution intégrée de SLB, extrait efficacement du chlorure de lithium de haute pureté des saumures avec une empreinte environnementale plus réduite par rapport aux méthodes traditionnelles. Ce succès fait suite à l'investissement significatif de SLB dans ILiAD Technologies plus tôt cette année, positionnant l'entreprise pour répondre à la demande mondiale croissante de lithium pour les batteries de véhicules électriques.

ILiAD Technologies feiert den erfolgreichen Einsatz seiner Direkt-Lithium-Extraktionstechnologie (DLE) in SLBs Clayton Valley Demonstrationsanlage in Nevada. Die im März 2024 in Betrieb genommene Anlage arbeitet im Maßstab eines Zehntels der kommerziellen Größe und hat bedeutende Verbesserungen in der Lithiumproduktion gezeigt:

- 500-mal schnellere Produktionszeit
- 96 % Lithium-Rückgewinnungsrate
- Reduzierter Land- und Wasserverbrauch
- Niedrigtemperaturverarbeitung bei 95°F

Die ILiAD-Technologie, die Teil der integrierten Lösung von SLB ist, extrahiert effizient hochreines Lithiumchlorid aus Sole mit einer kleineren Umweltbelastung im Vergleich zu traditionellen Methoden. Dieser Erfolg folgt auf SLBs bedeutende Investition in ILiAD Technologies Anfang dieses Jahres und positioniert das Unternehmen zur Deckung der wachsenden globalen Nachfrage nach Lithium für Batterien von Elektrofahrzeugen.

Positive
  • SLB's demonstration plant achieves 96% lithium recovery rate
  • Production time reduced by 500 times compared to traditional methods
  • Significant reduction in land and water use for lithium extraction
  • Low-temperature processing at 95°F demonstrates energy efficiency
  • SLB made a significant investment in ILiAD Technologies
Negative
  • None.

Insights

The successful operation of ILiAD's DLE technology at SLB's Clayton Valley plant marks a significant advancement in lithium extraction. The reported 96% lithium recovery rate and 500 times faster production time are impressive metrics that could revolutionize the industry. The low-temperature processing at 95°F demonstrates remarkable efficiency, potentially reducing energy costs and environmental impact.

However, it's important to note that this demonstration was at one-tenth of commercial scale. Scaling up often presents unforeseen challenges, so investors should remain cautious about extrapolating these results directly to full-scale operations. The technology's flexibility across various brine compositions is promising, but real-world performance may vary depending on specific geological conditions.

ILiAD's DLE technology presents significant environmental benefits compared to traditional lithium extraction methods. The reported reduction in land and water use addresses two critical environmental concerns in lithium production. This could potentially mitigate the negative impacts on local ecosystems and water resources often associated with lithium mining.

The low-temperature processing at 95°F suggests lower energy requirements, which could translate to reduced carbon emissions. However, the exact environmental footprint will depend on the energy source used. If powered by renewable energy, this process could significantly contribute to sustainable lithium production, aligning with global decarbonization efforts and potentially attracting environmentally conscious investors and partners.

The successful demonstration of ILiAD's technology at SLB's plant could have substantial financial implications. The 96% recovery rate and 500 times faster production suggest potential for significant cost reductions and increased output in lithium production. This could lead to improved profit margins and competitive advantage in the rapidly growing lithium market.

SLB's investment in ILiAD Technologies earlier this year now appears strategically sound, potentially positioning them as a leader in efficient lithium extraction. However, investors should consider that full commercialization may require additional capital expenditure and time. The technology's success could also impact the broader lithium market, potentially affecting prices and the competitiveness of traditional extraction methods.

Successful Operation at SLB's Clayton Valley, Nevada Demonstration Plant

SAN DIEGO, Sept. 11, 2024 /PRNewswire/ -- Today, ILiAD Technologies, LLC celebrates the use of its direct lithium extraction (DLE) technology at scale at SLB's (NYSE: SLB) Clayton Valley Demonstration Plant, producing high-purity, battery-grade lithium. This comes as SLB announced the successful completion of its integrated technology solution at its demonstration plant in Clayton Valley, Nevada.

ILiAD's technology was integral to the success of the Clayton Valley operation. The SLB sustainable lithium production solution integrates DLE, concentration and conversion technologies, to deliver a 500 times faster production time, enhanced lithium recovery rates of 96 percent and significant improvements in sustainable operations with reduced land and water use.

The brine was also processed at a low temperature of 95 degrees Fahrenheit, illustrating ILiAD's highly efficient process, which can be optimized across a wide range of projects and process conditions.

SLB's Clayton Valley Plant was commissioned in March 2024. The demonstration phase operated at one-tenth of a full commercial scale. 

"A big congratulations to SLB in their successful demonstration phase," said ILiAD Technologies CEO Samuel Moore. "We are so proud that our ILiAD Technology Platform was a key part of SLB's demonstration that supports environmentally responsible and commercially advantageous lithium production to pave the way for a sustainable energy transition."

Earlier this year, ILiAD Technologies, LLC, a subsidiary of EnergySource Minerals (ESM), announced the successful close of their funding round with a significant investment from global technology company SLB (NYSE: SLB).

ILiAD's highly efficient and flexible extraction technology can be used to recover high-purity lithium chloride from lithium-laden brine resources around the world. The physical footprint, carbon emissions and water use associated with operations is a fraction of those needed compared to traditional lithium extraction methods.

ABOUT ILiAD TECHNOLOGIES

ESM ILiAD is a private direct lithium extraction (DLE) technology company affiliated with EnergySource Minerals. The company licenses the ILiAD Technology Platform, a proprietary breakthrough technology which combines a superior lithium selective adsorbent with continuous countercurrent bed processing to deliver a unique, patented solution capable of concentrating and treating a vast range of lithium laden brines under a wide variety of conditions. The technology is poised to be deployed globally to sustainably produce lithium to meet the immense and growing demand for its use in the manufacturing of electric vehicle batteries.

ESM shareholders are TechMet Limited, a leading technology metals investment company with a portfolio of assets that responsibly produce, process and recycle the metals that are critical to the global energy transition and the electric vehicle revolution; SLB New Energy, a global technology company driving energy innovation to accelerate decarbonization; Catalyst Geothermal LLC and LiNergy LLC, both U.S. based private investors in new energy technologies; and Mercury NZ Ltd., a New Zealand electricity generation and multi-product utility retailer.

For more information, visit: https://www.iliadtech.com/.

Media Contact:

ILiAD Technologies: John Horstman | media@ILiADtech.com | +1 (224) 430-1910

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain statements in this news release are forward-looking statements. In some cases, we have identified forward-looking statements by such words or phrases as "will likely result," "is confident that," "expect," "expects," "should," "could," "may," "will continue to," "believe," "believes," "anticipates," "predicts," "forecasts," "estimates," "projects," "potential," "intends" or similar expressions identifying "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including the negative of those words and phrases. Such forward-looking statements are based on our current views and assumptions regarding future events, future business conditions and the outlook for the Company based on currently available information. There are important factors that could cause Livent's actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by the forward-looking statements, including the factors described under the caption entitled "Risk Factors" in Livent's 2022 Form 10-K filed with the Securities and Exchange Commission ("SEC") on February 24, 2023, as well as other SEC filings and public communications. Although Livent believes the expectations reflected in the forward-looking statements are reasonable, Livent cannot guarantee future results, level of activity, performance or achievements. Moreover, neither Livent nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. Livent is under no duty to update any of these forward-looking statements after the date of this news release to conform its prior statements to actual results or revised expectations.

 

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SOURCE ILiAD

FAQ

What is the lithium recovery rate achieved by SLB's Clayton Valley Demonstration Plant using ILiAD's technology?

SLB's Clayton Valley Demonstration Plant, using ILiAD's direct lithium extraction technology, achieved a lithium recovery rate of 96%.

How much faster is the lithium production time using ILiAD's technology at SLB's demonstration plant?

The lithium production time at SLB's demonstration plant using ILiAD's technology is 500 times faster than traditional methods.

When was SLB's Clayton Valley Demonstration Plant commissioned?

SLB's Clayton Valley Demonstration Plant was commissioned in March 2024.

What is the operating scale of SLB's Clayton Valley Demonstration Plant?

SLB's Clayton Valley Demonstration Plant operates at one-tenth of a full commercial scale.

What is the processing temperature for lithium extraction at SLB's demonstration plant?

The brine at SLB's demonstration plant is processed at a low temperature of 95 degrees Fahrenheit (35°C).

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