Lithium in SK, Part 5: Prairie Lithium – Old wells or new wells?

Lithium in SK, Part 5: Prairie Lithium – Old wells or new wells?

TORQUAY – Prairie Lithium’s president and CEO Zach Maurer first thought of producing lithium from the produced water that comes from oil wells. But that idea has since evolved into the pursuit of drilling directly for the highest concentrations of lithium. Still, extracting lithium from oil well brines is a possibility, too.
Here’s how Maurer explained it in late September, 2021, while in a shack during the drilling of the first lithium well in Saskatchewan.

Lithium in SK, Part 4: Prairie Lithium pursuing the idea there could be lithium in those brines

Lithium in SK, Part 4: Prairie Lithium pursuing the idea there could be lithium in those brines

Lithium is one of the key resources in the quest for energy transition, and specifically for reduction of greenhouse gas emissions and greater electrification of the global economy. As the lightest metal on the periodic table, it is a key component in battery chemistries, especially in anything that needs to move. There is simply no substitute that can match its lightness – crucial for everything from cellular phones to electric pickup trucks.
While other companies have been active in land acquisition, Prairie Lithium has been leading the charge, out in the field, testing its technology, and, in late September of 2021, it was the first to put a drill bit to rock.

Lithium in SK, Part 2: Saskatchewan government launches lithium incentives

Lithium in SK, Part 2: Saskatchewan government launches lithium incentives

Saskatchewan has a new opportunity to be part of the electrification revolution, but how will help out the fledgling lithium industry? The same way it is helping helium, oil and gas.
On Nov. 7, Minister of Energy and Resources Jim Reiter announced Saskatchewan would be extending its go-to incentive programs to lithium. The programs are the Oil and Gas Processing Investment Incentive (OGPII) and Saskatchewan Petroleum Innovation Incentive (SPII).
And, apparently, they work, as industry leader Prairie Lithium has already successfully taken advantage of SPII.

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