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Reedy filed for more claims in the United States in the lithium saltwater province.

APR 30, 2019   Pageview:557

Reedy Lagoon, which is listed on the Australian Stock Exchange, has added 112 claims for exploration licenses for lithium saline in southern Nevada, only 5 kilometers from its existing cigarette factory project, and Albemarle's Yinfeng lithium saline operation is about 10 kilometers north-northwest.

 

The New Clayton Valley project, a strategic linkage plan developed by Reedy, used the information it had completed on recently undetermined diamond boreholes in BigSmoky to focus on new project ideas.

 

The company plans to conduct a Geophysical survey plan to assess new ground assets once their claims are fully registered.

 

Additional Geophysical surveys will also be conducted in parts of the existing Alkali LakeNorth and BigSmokySouth projects in Reedy to look for subsurface layers of potential lithium brine events.

 

Based on the basic geology of the area, Reedy believes that the wider Clayton Valley area has significant exploration potential and can identify lithium brine in depth.

 

North America produces only lithium brine in nearby SilverPeak, producing approximately 3,500 tons of high-quality battery-grade lithium carbonate per year, increasing to 6,000 tons per year due to product prices expected to exceed $10,000 per ton. And ...

 

Lithium is naturally leached from the surrounding volcanic source rocks into the groundwater aquifer to form a brine rich in lithium-injected salt.

 

In SilverPeak, Albemarle extracts lithium from underground aquifers under dry salt lakes containing high levels of metals with a lithium content of up to 0.03 <UNK> and dissolves in saline with high salinity.

 

Saltwater groundwater is pumped into the surface and allowed to evaporate in a series of ponds around the mine.

 

From the pump to the ground, the production of valuable, popular lithium carbonate products for the production of lithium-ion battery catheters takes two years.

 

Reedy is trying to replicate the success of Albemarle in SilverPeak in the same Geological area. Lithium metals enrich soluble aqueous salts in deep sedimentary basins.

 

With lithium demand soaring, all this is for economic advantage, and this is probably the area of saltwater operators.

 

The United States is certainly open to business and has always listed lithium as one of the country's strategic key commodities.

 

There will be no shortage of potential customers. Tesla's Gigafactory is located outside Renault, about 250 kilometers northwest of the Reedy project area mining area.

 

Stakeholders will be keenly looking forward to the company's progress for some time as it dreams of becoming the second North American producer of lithium saline.

 

The page contains the contents of the machine translation.

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