Direct lithium extraction

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CENTURY LITHIUM ANNOUNCES CFO TRANSITION
Prnewswire· 2025-09-22 12:30
Core Viewpoint - Century Lithium Corp. announces the resignation of CFO Braam Jonker, effective September 30, 2025, with Matthew Tompkins appointed as Interim CFO [1][2]. Company Leadership Changes - Braam Jonker is stepping down to focus on other endeavors, and the company expresses gratitude for his contributions [2]. - Matthew Tompkins, with over 10 years of experience in the mining industry and a background in audit and advisory services, will take over as Interim CFO [3][4]. Company Overview - Century Lithium Corp. is focused on developing the Angel Island project in Esmeralda County, Nevada, which contains one of the largest sedimentary lithium deposits in the U.S. [5]. - The company employs a patent-pending process for chloride leaching combined with direct lithium extraction to produce battery-grade lithium carbonate [5][6]. Project Development - The Angel Island project is in the permitting stage for a three-phase feasibility-level production plan, expected to yield an average of 34,000 tonnes per year of lithium carbonate over a 40-year mine life [6].
Halliburton Joins GeoFrame's Lithium and Geothermal Project in Texas
ZACKS· 2025-06-24 13:06
Core Insights - Halliburton Company (HAL) has secured a significant contract to support GeoFrame Energy's lithium extraction and geothermal project in East Texas, with operations set to begin in late 2025 [1][10] - The project aims to produce approximately 83,500 metric tons of battery-grade lithium carbonate annually, which is expected to meet the current U.S. demand entirely [1][10] - This initiative is anticipated to enhance domestic lithium production and decrease reliance on foreign supply chains [1] Group 1: Project Details - Halliburton will lead the drilling phase by designing, constructing, and operating the demonstration wells, playing a central role in scaling the project to full field development [2][10] - GeoFrame's project is designed to be the first in the U.S. to deliver battery-grade lithium carbonate from the Smackover Formation, focusing on sustainable mining practices [3] - The facility will utilize geothermal brine to generate zero-emission electricity, which will power the lithium production process and allow surplus energy to be sold to the grid [3] Group 2: Halliburton's Position - Halliburton's extensive experience in well construction and its strong commitment to innovative energy solutions position the company uniquely to advance GeoFrame's vision [4] - The recent contract highlights the growing convergence between energy services and advanced technology solutions, enhancing Halliburton's growth initiatives [5] - Securing new contracts is expected to create a positive financial outlook for Halliburton and its stakeholders [5]