We have identified lithium exploration and development projects that leverage our broad base of hydrogeological, well field engineering and hydrometallurgical expertise in the Western United States. This effort has expanded and diversified our portfolio of assets for a geopolitically balanced and complementary energy metals business to build shareholder value.
Since the second half of 2016, the Company has identified and acquired three high potential lithium brine exploration projects:
With large battery manufacturing facilities, such as Tesla’s “Gigafactory” near Reno, Nevada, our three lithium projects are at the epicenter of lithium brine development, production and consumption in the United States.
Westwater’s focus is on developing lithium brines – shown to be in the lowest cost quartile of worldwide lithium production.
Our corporate goal is to produce a lithium mineral resource estimate for one of our projects in the first part of 2018.
Source: Source: Bradley, Dwight, Munk, LeeAnn, Jochens, Hillary, Hynek, Scott, and Labay, Keith. A preliminary deposit model for lithium brines: U.S. Geological Survey Open-File Report 2013-1006, 6p.
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