Revolutionary Lithium Extraction Technology by SORCIA/IBAT
SORCIA/IBAT's innovative lithium extraction process eliminates the need for chemicals, ensuring efficiency, resource protection, and cost-effectiveness. The modular and mobile plant design allows for rapid deployment with high flexibility, making it a game-changer in the industry. This breakthrough technology offers a cleaner, more sustainable approach to lithium extraction with significant environmental and economic advantages.
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April 2023 Ethical Lithium Extraction 0
SORCIA/IBATs Goal: Efficiency and Cleanest Lithium Extraction Plants in the Industry Build and Deploy the Highest Extreme environmentalism Resource protection Rapid implementation and production Low capital and operating cost Source: Benchmark Mineral Intelligence 2
CLEANER EXTRACTION and RESOURCE PROTECTION1,2 Lithium Extraction SORCIA/IBAT s does not use chemicals during extraction. Absorbent only extracts lithium and chloride ions Clean water regeneration. Chemicals are not required The process is capable of recovering more than 90% of the LiCl as clean product. Product LiCl will be suitable for Battery Grade Lithium product production. Water Recovery SORCIA/IBAT s proprietary water recovery system recycles 98% of its process water Brine Reinjection Spent brine will be identical to feed brine, sans Li. SORCIA/IBAT wishes to partner with governmental groups to define and utilize the optimal reinjection strategies 1) 2) U.S. Patent No. 11,229,880 issued January 25, 2022 CHILEAN Patent Registration number CL 66.652 May 2023 3
LOWER COST and FASTER CAPEX for a Lithium Chloride Extraction Plant We estimate that a 20,000 MT(LCE) extraction plant ~$120MM (USD). Conventional stick-built DLE plants would cost >$400 MM for lithium chloride production.1 Construction and implementation time SORCIA/IBAT Modules are constructed in Fabrication Shops Transportable via truck, train, barge or ship. Construction time for a 20,000 MT LCE plant ~10 months Transportation to Chilean Salar ~3 months Commissioning and start-up ~ 3 months. Total time < 18 months Livent has estimated that their construction, commissioning and start-up will require about 6-7 yrs.1 1. Livent announcements 4
Conclusion SORCIA/IBAT s patented, modular and mobile lithium extraction plant provides key advantages 1 High Flexibility 2 Rapid Deployment 3 No Chemical Requirements 4 High Lithium Extraction and Impurity Rejection Efficiency Key Environmental and Economic Advantages Over Current Lithium Extraction Technologies 5 5
CEO: Dr. John Burba, Ph.D. SORCIA/IBAT s technology development is led by Dr. John Burba, a world-renowned pioneer in lithium extraction technology known as the Godfather of Lithium Background IBAT is led by Dr. John Burba, a chemical and engineering executive with over 40 years of experience in the industry and a pioneer in the development and implementation of Direct Lithium Extraction Dr. Burba began his career at Dow Chemicals Co in the 1980s focusing on lithium separation After leaving Dow Chemical in 1992, Dr. Burba and the late Dr. Bauman invented the first practical selective lithium extraction absorbent In 1994, Dr. Burba initiated a design process within FMC (now Livent) to install the selective absorption process in the Salar de Hombre Muerto in Argentina, which remains an industry-leading operation Dr. Burba has reengineered the entire selective absorbent process to create the modular plants being produced by IBAT today Dr. Burba is a prolific named inventor, having his name associated with 80+ patents, many of which pertain to lithium and battery technologies Extensive Previous Experience 7
