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Ohaaki (NZ) Lithium Pilot Plant – Contact Energy

Geo40 are now successfully extracting near battery-grade lithium from geothermal fluids, and have started construction of a lithium extraction pilot plant.

Geo40 is now consistently producing lithium carbonate at a laboratory scale.

Lithium carbonate is a highly prized mineral, with battery-grade lithium selling for ~USD$10,000.

With the technology to extract lithium in an environmentally sustainable way, the focus will now turn to commercialising the extraction aimed at the fast-growing electric vehicle battery market.

The success of our silica extraction operations, and the potential to add lithium extraction, highlights what Geo40 can achieve through their partnerships with Contact Energy (NZ) and the Ngati Tahu Tribal Lands Trust (NZ).

Geo40 will continue to advance the lithium extraction development programme in 2020.