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 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 3: Crown land sale reveals sixth entrant in Saskatchewan lithium exploration race
This entire large checkerboard of land in the Carlyle/Redves/Alida/SStorthoaks area was permitted by newcomer Flowing Lithium Exploration. Saskatchewan Ministry of Energy and ResourcesREGINA – The Nov. 21 Crown mineral rights sale revealed a sixth entrant in the...
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.
Lithium in SK Part 1: As the race for lithium takes off, Saskatchewan is seeing the dawn of a new industry
If you’re reading this on your phone, tablet or laptop, it is being powered by a lithium battery. If you plan on ever owning an electric vehicle, it is almost certainly going to use a lithium battery, and a very large, heavy one at that. But actually, since it’s made of lithium, it will be lighter than any other battery commercially viable at this time.
And that’s why lithium is so important. And Saskatchewan is poised to play a major role.
This is going to be the most in-depth coverage regarding the development of Lithium in this province. There’s going to be well over a dozen stories. Once you’ve read them all, you’ll have a really good idea of just what exactly is going on in the race for lithium.
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