POTENTIAL KEY TO CLEAN ENERGY FUTURE FOUND AT SITE OF PAST ENVIRONMENTAL DISASTERS
California's Salton Sea is a man-made lake that was accidentally created in the early 20th century. Recently, it's fallen victim to drought and pollution. Now, it might have a new future: The arid land around the lake is expected to hold a vast supply of lithium, the resource used to make batteries for electric cars.
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EnergySource Minerals (ESM) announces a binding lithium supply contract with Ford Motor Company. ESM is an emerging leader in the domestic production of sustainably produced lithium, a critical component used to manufacture cathodes in electric vehicle (EV) batteries.
ENERGYSOURCE MINERALS (ESM) ANNOUNCES CONTRACT WITH FORD FOR GEOTHERMAL LITHIUM
The conference room at the El Centro Public Library was filled with community members from around the Imperial Valley on Monday, May 22, looking to get information on the project ATLiS, a new extraction plant being built by EnergySource Mineral (ESM) on the shores of the Salton Sea.
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ES MINERALS INFORMS COMMUNITY ABOUT LITHIUM EXTRACTION & FUTURE POWER SUPPLY PLANS
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'LITHIUM VALLEY' MAY PROVIDE CALIFORNIA WITH ITS NEXT GOLD RUSH
The auto industry is introducing fleets of electric vehicles that will be powered by lithium-ion batteries and while the U.S. has massive quantities of lithium locked underground, companies have been slow to invest in mining and extraction.
The Salton Sea is far removed from the vacation paradise it once was, but beneath the toxic dust and decay lies one of the world’s largest lithium deposits. CBC’s Jean-François Bélanger went there to learn more about what the rush for EV batteries could mean for California’s most polluted lake.
HOW EV DEMAND COULD REVIVE CALIFORNIA'S MOST POLLUTED LAKE
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The region surrounding California’s toxic Salton Sea has enough lithium to make the U.S. self-sufficient in the mineral, which is a key component of rechargeable batteries. WSJ explores the tech being developed to extract it—and what it means for the future of domestic production.
THE RACE TO MAKE THIS DYING U.S. LAKE THE 'SAUDIA ARABIA OF LITHIUM
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LIVENT INVESTS IN ILiAD TECHNOLOGIES TO STRENGTHEN LEADERSHIP IN DIRECT LITHIUM EXTRACTION PRODUCTION PROCESSES
Today, ILiAD Technologies, LLC and Livent Corporation (NYSE:LTHM) announced an agreement whereby Livent has acquired a minority stake in the parent company of ILiAD Technologies. ILiAD Technologies’ parent company is a subsidiary of EnergySource Minerals (ESM), a leading developer of lithium projects in the Salton Sea Known Geothermal Resource Area in California. ILiAD Technologies will seek to commercialize and continue to develop the ILiAD (Integrated Lithium Adsorption Desorption) technology platform.
PRESS RELEASE
ILiAD Technologies, LLC, a subsidiary of EnergySource Minerals (ESM), today announced the successful close of their funding round with a significant investment from global technology company SLB (NYSE: SLB). This investment unlocks funding to build upon the technological advantages of the ILiAD direct lithium extraction (DLE) technology platform and expands its reach for deployment at lithium production sites across the world.
ILiADSUCCESSFULLY FINALIZES FUNDING
ROUND WITH SLB INVESTMENT
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