Lithium Harvest to Extract Lithium from Oil Field Waste in North Dakota by 2027
Lithium Harvest, a Denmark-based company, plans to extract lithium from produced water in North Dakota by the end of 2027. This initiative is one of at least four similar projects in the state aimed at developing a new industry. The extraction facilities will process the saltwater that accompanies crude oil, producing approximately 1,500 tons of lithium carbonate annually. The U.S. aims to enhance domestic lithium production to reduce reliance on China. The North Dakota Industrial Commission has also approved funding for related projects.
Theia Market Signal Identification - AI Assisted
Lithium Harvest, a Denmark-based company, is set to extract lithium from produced water in North Dakota by the end of 2027. This project, among at least four in the state, will involve constructing two extraction facilities that can produce roughly 1,500 tons of lithium carbonate per year.
The U.S. Department of the Interior identifies lithium as a critical mineral, with efforts ongoing to boost domestic production. The North Dakota Industrial Commission has approved a $500,000 grant for another lithium extraction project. The region also shows potential for other critical minerals, as identified by the North Dakota Geological Survey.
Comments