Lilac Solutions is planning a lithium empire from the shores of the Great Salt Lake

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The Great Salt Lake isn’t an obvious place to develop a lithium mine. The Salton Sea boasts lithium concentrations of just under 200 parts per million. Argentina, where Lilac has another test facility, has resources of above 700 parts per million. 

Here on the Great Salt Lake? “It’s 70 parts per million,” Raef Sully, Lilac’s Australia-born chief executive, tells me. “So if you had a football stadium with 45,000 seats, this would be three people.”

For Lilac, this is actually a feature…



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Lilac Solutions is planning a lithium empire from the shores of the Great Salt Lake


The Great Salt Lake isn’t an obvious place to develop a lithium mine. The Salton Sea boasts lithium concentrations of just under 200 parts per million. Argentina, where Lilac has another test facility, has resources of above 700 parts per million. 

Here on the Great Salt Lake? “It’s 70 parts per million,” Raef Sully, Lilac’s Australia-born chief executive, tells me. “So if you had a football stadium with 45,000 seats, this would be three people.”

For Lilac, this is actually a feature…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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