Lilac Solutions of Oakland is working with an Australian developer and Warren Buffett's Berkshire Hathaway Energy to produce a key mineral for batteries.
The Los Angeles Economic Development Corp. sees California as a world hub for electric mobility.
That’s the hope of Rod Colwell, Controlled Thermal’s chief executive. The company reviewed more than a dozen proposals before selecting Lilac as its lithium-extraction partner. Controlled Thermal is planning to drill its first wells in the next three months so that Lilac can spend several weeks running its technology in field conditions, to inform final designs for the full-scale facility.
In addition to powering clean cars, lithium-ion batteries are increasingly used to store solar and wind power for use at night and during wind-less days. BloombergNEF projects that global lithium demand will grow from 300,000 tons in 2017 to 1.8 million tons in 2030. The trick is in the material used for the beads, which Snydacker said is highly selective and more durable than the alternatives.
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