Technology for fast, cheap, and environmentally friendly lithium extraction.
As a society, people want to be able to move their devices and equipment around more, store more renewable energy in batteries, and drive more electric cars. Lithium-ion batteries will play a big role in the future. As prices go down, more people around the world are buying EVs, and they are becoming more affordable for the middle class. The denaLi solution aims to solve this problem by making the mine of the future. It gives a sustainable, profitable, and quick way to make lithium products for the rapidly growing electric vehicle market. It also uses innovations in materials and chemistry to unlock lithium that is good for the environment.
Positive facts about denaLi Direct Lithium Extraction
Modular technology that can be deployed anywhere in the world
Produces lithium products in a 24 hour period
Selectively removes lithium from brine, allowing for reinjection of depleted brine back into the reservoir
Produces up to 75% lower GHG than traditional lithium mining methods
Requires 1/26 the land use of conventional technology
Significantly lower air contaminant emissions in all categories
Less than two (2) years capital payback period, with the extremely low up-front capital expenditure, the customer is able to pay back their initial investment in 23 months
Minimum IRR of 40% on capital investment
Key factor for a short payback period and healthy IRR: low capital expenditure (CAPEX) associated with the deployment of modular units
denaLi Direct Lithium Extraction website : https://summitnanotech.ca/