Momentum is building for this upstart with CO2 removal added to its offerings
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Standard Lithium believes how you get the Lithium matters as much as the amount or maybe why not create more Lithium and do it ecologically friendlier than the competition. Either way, they seem to be on a roll.
This morning I got the announcement that they have partnered with Aqualung (was that a Jethro Tull album?) in Norway to offer the removal of CO2 from operations in that area. This will be piloted at the Mission Creek natural gas processing in Magnolia Arkansas. This will add to an already green company another line of business.
The Aqualung technology captures the CO2 and sequesters it for use in other operations such as CO2 batteries and creates a product for CO2.
Standard Lithium doesn't mess around; pending permits this will be installed in Q4 2021 with operation as early as Q1 2022.
The press release stated Dr. Andy Robinson, President and COO of Standard Lithium commented, “We are very pleased to be working in partnership with Aqualung and Mission Creek on this exciting project; the future of the lithium industry rests on being able to produce sustainable battery-quality chemicals with the lowest carbon footprint in jurisdictions where their production is wanted and needed. We feel that successful proof of this carbon capture technology in Southern Arkansas may demonstrate another important technological step towards making the Gulf Coast region an industry-leading producer of sustainable lithium chemicals.”
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