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lithium market because, according to the current estimates, a sufficient amount of lithium would be supplied to the lithium market and the price would be stable. However, this topic is controversial since the lithium market is unique, and it’s not easy to predict future demand. First of all, it takes some time for lithium to be supplied into the market, especially from brine deposits. Since the process used for brine deposits is mainly solar evaporation, which normally takes at least one year to concentrate lithium, the market can be affected by the supply situation in the past few years. In other words, a certain amount of lithium should be prepared beforehand to meet the demand in the next few years. On the other hand, the demand side of the market is rapidly changing, and the future demand is unclear at least in the current situation. Some automobile companies announced a sales target for EVs and the lithium market reacted so as to prepare for those targets, but there has been less demand because EVs are not yet common among consumers due to the restriction of infrastructure and available models. It is more complicated than expected to keep the lithium market in balance by predicting supply and demand. This is one of the reasons that the price of lithium compounds hit the highest point in 2018. In the early 2010s, the market was thought to become short of lithium soon due to EVs production, and the price rose rapidly though the supply finally managed to meet the demand. This means there is a possibility that lithium demand will catch and surpass its supply in the near future while the current estimates show the opposite situation. For example, China, which is one of the biggest markets for EVs in the world, has started to head toward becoming an EV society by making laws to restrict the emission of greenhouse gases. It is uncertain how fast EVs will spread to the world. To maintain the supply of lithium, a process is needed to make lithium compounds quickly. The slow response time for the use of long-term solar evaporation of brines is not sufficient to meet rapidly escalating demand for lithium chemicals. This is the reason that a lot of researchers are working on rapid lithium recovery technologies. -9-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 (Standard Web Page)