MGX Minerals is about to start commercial extraction of lithium from the waste produced from Canadian oil sands production after completing tests of its proprietary technology with partner PurLucid Treatment Solutions. Revenue from environmental processing of evaporator blowdown wastewater will commence next week, with lithium extraction of post processed clean water to follow shortly thereafter, MGX said. “On any given day, oil sands producers in Alberta are probably producing more lithium feedstock at a very basic level than all of the lithium companies put together times 2,” MGX Minerals CEO Jared Lazerson has said.
MGX Minerals is about to start commercial extraction of lithium from the waste produced from Canadian oil sands production after completing tests of its proprietary technology with partner PurLucid Treatment Solutions. Revenue from environmental processing of evaporator blowdown wastewater will commence next week, with lithium extraction of post processed clean water to follow shortly thereafter, MGX said. “On any given day, oil sands producers in Alberta are probably producing more lithium feedstock at a very basic level than all of the lithium companies put together times ten,” MGX Minerals CEO Jared Lazerson has said.