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2.2. LithiumMarket 2.2.1. Supply/DemandandPrice The lithium market is expanding. It is a new market without a clear history unlike the copper market. It is therefore more difficult to predict supply/demand and price of lithium in a today’s rapidly fluctuating market.37 While there are several reports from some companies, the data by BMO Capital Markets is cited here in Figure 2.4. Figure 2.4 Lithium supply/demand and price and their estimates.38 According to the graph, there won’t be a supply deficit by 2025, although, around 2015, there was a concern of lithium shortage. The price of lithium carbonate and hydroxide are expected to drop and then increase gradually over time. At first glance, it seems that there is no problem in the -8-PDF Image | LITHIUM EXTRACTION FROM BRINE using ion resin
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Product and Development Focus for Infinity Turbine
ORC Waste Heat Turbine and ORC System Build Plans: All turbine plans are $10,000 each. This allows you to build a system and then consider licensing for production after you have completed and tested a unit.Redox Flow Battery Technology: With the advent of the new USA tax credits for producing and selling batteries ($35/kW) we are focussing on a simple flow battery using shipping containers as the modular electrolyte storage units with tax credits up to $140,000 per system. Our main focus is on the salt battery. This battery can be used for both thermal and electrical storage applications. We call it the Cogeneration Battery or Cogen Battery. One project is converting salt (brine) based water conditioners to simultaneously produce power. In addition, there are many opportunities to extract Lithium from brine (salt lakes, groundwater, and producer water).Salt water or brine are huge sources for lithium. Most of the worlds lithium is acquired from a brine source. It's even in seawater in a low concentration. Brine is also a byproduct of huge powerplants, which can now use that as an electrolyte and a huge flow battery (which allows storage at the source).We welcome any business and equipment inquiries, as well as licensing our turbines for manufacturing.| CONTACT TEL: 608-238-6001 Email: greg@infinityturbine.com | RSS | AMP |