Compass Minerals International Inc said on Wednesday it will use a lithium extraction technology developed by EnergySource Minerals LLC to produce the electric vehicle battery metal for Ford Motor Co and others.
The partnership is the first technology license by privately held EnergySource, which counts oilfield giant Schlumberger NV
and mining investment firm TechMet as investors. EnergySource technology relies on an adsorbent that separates lithium from impurities in brine. EnergySource is developing its own DLE project in California's Salton Sea, but warned in June that a recently enactedEric Spomer, EnergySource's chief executive, said the Compass partnership was not linked to the California tax, but added: "There are a lot of brine resources in North America."
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