Update: Lithium Harvest Advancement in MUDP-Supported Mineral Extraction Project
Initial Phase Completion Unveils Potential for Economic Production of Critical Minerals
In the summer of 2023, Lithium Harvest was awarded funding from The Environmental Technology Development and Demonstration Program under the Ministry of Environment of Denmark ("MUDP") for a project exploring the production of critical raw materials needed for the green energy transition from different sources of geothermal water. In collaboration with the Department of Chemistry and Bioscience, Aalborg University, we're delighted to announce the successful completion of the project's first workstream.
Together with Aalborg University, we have constructed a robust database containing nearly 200,000 geothermal water samples. Our analysis, merging mineral concentrations with economic viability, has spotlighted minerals with the highest potential for sustainable extraction. Lithium, magnesium, and boron emerge as frontrunners, affirming our direction in supporting the transition to green energy. However, the project also unveiled unexpected candidates, promising exciting avenues for future exploration.
The upcoming workstream promises to explore technological assessments and cost projections more thoroughly, bringing us closer to realizing the full potential of sustainable mineral production.
This endeavor aligns with MUDP's mission to foster environmental technologies that contribute positively to the climate and environment. Lithium Harvest remains committed to pioneering sustainable solutions in mineral extraction. Stay connected for further updates as we continue to redefine the boundaries of environmentally responsible mineral extraction.