Orocobre, EnergyX join forces to develop ‘green’ lithium extraction technologies

Orocobre (ASX: ORE) and Energy Exploration Technologies (EnergyX) have announced that they will be working together on the implementation of direct lithium extraction technologies with the objective of promoting sustainable development and innovation in the lithium mining sector.
In a press release, the companies said that they have signed a letter of intent with the goal to make clear the terms under which they will be collaborating on addressing some of the challenges associated with the extraction of the metal.
EnergyX is working on scientific innovations to improve lithium extraction and production
In particular, Orocobre is interested in improving its processes at its Olaroz operation, located in northern Argentina, on the Salar de Olaroz brine resource. This is a joint venture with Toyota Tsusho Corporation and the Jujuy Energía y Minería Sociedad del Estado. The company is also in a joint venture with Advantage Lithium to develop the nearby Cauchari lithium project.
According to the media brief, in 2018, Orocobre added 25,000 tonnes per annum of lithium carbonate production capacity, taking full production and capacity to 42,500 tpa of lithium carbonate for sale to industrial, technical and battery markets.
EnergyX, on the other hand, is currently working on scientific innovations to improve both the extraction and production processes by making them more cost-effective and environmentally friendly.
More News
Ukraine rejects US bid for 50% of rare earth minerals, FT says
Zelenskiy wants US and European security guarantees to be tied directly to any deal on the mineral reserves, FT reports.
February 16, 2025 | 08:53 am
Jubilee Metals begins processing high-grade copper to recoup production
The milestone follows Jubilee's recent agreement to secure 200,000 tonnes of material with a copper content of around 1.6% for its Roan facility.
February 16, 2025 | 08:25 am
Over 40 people killed in Mali mine collapse
The accident took place near the town of Kenieba in Mali's gold-rich Kayes region.
February 16, 2025 | 08:22 am
Trump starts energy dominance drive with White House council
The new National Energy Dominance Council will be led by Interior Secretary Doug Burgum.
February 15, 2025 | 01:58 pm
{{ commodity.name }}
{{ post.title }}
{{ post.excerpt }}
{{ post.date }}
Comments