Lithium demand, observed doubling in the next eight years on sales of batteries used in electric automobiles, is spurring a U.S. firm to develop a factory to extract the metal from brine in California.
Simbol Materials LLC’s proposed Imperial Valley plant near the Mexican border would slash the time and cost necessary to extract lithium from salty water, Chief Executive Officer Luka Erceg said in an interview. The closely held, Pleasanton, California-based business may possibly enhance
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