Announcement of three way partnership between BHE Renewables and OXY (supply: OXY)
BHE Renewables and OXY have fashioned a three way partnership to display and deploy geothermal lithium extraction applied sciences in Imperial Valley, California.
Hydrocarbon and petrochemical firm Occidental Petroleum (OXY) has introduced a three way partnership with BHE Renewables, a completely owned subsidiary of Berkshire Hathaway Vitality, for the demonstration and deployment of TerraLithium’s Direct Lithium Extraction (DLE) and related applied sciences for the extraction and manufacturing of lithium compounds from geothermal brine.
TerraLithium, a completely owned subsidiary of Occidental, has patented DLE applied sciences which have the potential to course of any lithium-containing brine right into a responsibly sourced provide of high-purity lithium.
The three way partnership has already begun a challenge at BHE Renewables’ Imperial Valley geothermal facility to display the feasibility of the TerraLithium DLE know-how. BHE Renewables operates 10 geothermal energy crops in California’s Imperial Valley, which course of 50,000 gallons of lithium-rich brine per minute to supply 345 MW of unpolluted vitality.
Upon profitable demonstration, BHE Renewables plans to construct, personal, and function business lithium manufacturing services in California’s Imperial Valley. The three way partnership additionally plans to license the know-how and develop business lithium manufacturing services exterior the Imperial Valley.
In 2021, BHE Renewables acquired a USD 15 million grant from the US Division of Vitality to assist its work in extracting lithium on the Salton Sea operations. The corporate is one in every of few gamers engaged on geothermal lithium extraction demonstration initiatives within the Imperial Valley.
“This three way partnership with TerraLithium represents a major development in BHE Renewables’ dedication to pursuing business lithium manufacturing that’s environmentally protected, commercially viable and results in good outcomes for the Imperial Valley group,” mentioned Alicia Knapp, President and CEO of BHE Renewables. “We’re excited to be working with Occidental on this unbelievable alternative to make the Imperial Valley a worldwide chief in lithium manufacturing.”
“By leveraging Occidental’s experience in managing and processing brine in our oil and gasoline and chemical substances companies, mixed with BHE Renewables’ deep information in geothermal operations, we’re uniquely positioned to advance a extra sustainable type of lithium manufacturing,” mentioned Richard Jackson, President, U.S. Onshore Sources and Carbon Administration, Operations at Occidental.
“Making a safe, dependable and home provide of high-purity lithium merchandise to assist meet rising world lithium demand is important for the vitality transition,” mentioned Jeff Alvarez, President and Normal Supervisor of TerraLithium. “The partnership with BHE Renewables will allow the three way partnership to speed up the event of our Direct Lithium Extraction and related applied sciences and advance them towards business lithium manufacturing.”
Supply: OXY
