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57 minutes ago
Especially if trying to sell patent/company.
141 Filed & Entered: 02/11/2025
https://investorshub.advfn.com/uimage/uploads/2025/2/12/ypolda1_case.png
INSTRUCTIONS FOR SETTLEMENT CONFERENCES AND
PREPARATION OF CONFIDENTIAL SETTLEMENT STATEMENTS (“CSS”)
for Submission to Magistrate Judge Starnella
Effective August 7, 2023
I. Introduction
If you follow these instructions carefully, I will be able to use my best efforts
towards resolution of your case. On the other hand, if you do not follow these
instructions, I may require that you revise your CSS, or postpone or cancel the
settlement conference. Thank you for your cooperation.
II. Settlement Conference Instructions
A. If the parties’ Confidential Settlement Statements and exhibits are not
submitted by the deadline set by the Court, the settlement conference will be vacated
and sanctions may be imposed.
B. If any party does not follow Magistrate Judge Starnella’s Instructions for
Preparation of Confidential Settlement Statements, the settlement conference will be
vacated.
C. Extensions of the deadline to file Confidential Settlement Statements require
a showing of good cause and should be sought by telephone (303-335-2770).
Extensions must be sought before the deadline expires.
D. Non-parties and non-party representatives, including relatives of parties, shall
not attend the settlement conference without prior written permission of the Court.
Non-parties who attend without permission will be required to leave.
E. All named parties or party representatives shall attend the settlement
conference in person unless excused in advance by Order of the Court. A valid photo
identification is required for entry to the Courthouse.
F. Counsel and the parties should plan to remain at the settlement conference
for at least four hours after it begins. You will not be permitted to leave before that
time for any reason, unless excused by Magistrate Judge Starnella. Travel
arrangements should be made accordingly.
G. Unfortunately, because the Court is a publicly funded non-profit entity and not
a private for-profit enterprise, there is no budget for refreshments to be provided during
the settlement conference, and therefore none will be provided. Please DO NOT ask
Magistrate Judge Starnella or her law clerks for refreshments. You may bring nonalcoholic beverages to the settlement conference.
Page 2
H. If you have obtained permission to have a party or party representative
appear by telephone, you must provide the telephone.
I. Interpreters are welcome but must be provided at the party/parties’ expense.
J. Compliance with instructions stated herein is mandatory, unless written
permission to deviate from them is obtained in advance. Thank you for your
cooperation.
III. Confidentiality
In our court, in order to protect the integrity of the process, settlement
conferences are confidential. I take this policy very seriously. In conducting the
settlement conference, I will not use information provided in your CSS unless you
explicitly authorize me to do so. (When appropriate, I may suggest that you authorize
me to disclose information.) Therefore, please include in your CSS a designation of all
information that you do not wish me to share with the other party (parties) and/or
counsel (see Section IV.B. 10. below). You may not disclose information exchanged
during the settlement conference to anyone who is not a party to the litigation, counsel
to a party, or counsel’s support staff.
IV. Instructions Regarding Content of CSS
Counsel shall prepare and submit two statements: one to be submitted to the
other party or parties, and the other to be submitted only to this Court, no later than five
business days prior to the date of the settlement conference.
A. Statement to opposing counsel. The first statement is directed to
opposing counsel and opposing parties participating in the settlement conference. It
should contain an overview of the case from the presenter’s point of view, summarize
the evidence that supports that side’s claims, and may present a demand or offer.
These statements should be intended to persuade the opposing parties and counsel.
B. Confidential statement to the Court. The second statement is
confidential and must be emailed to Starnella_Chambers@cod.uscourts.gov and not
submitted for filing or exchanged with the other parties. This statement must attach the
statement to opposing counsel and include the following additional information:
1. Facts of the case;
2. A numbered list of the known significant disputed issues of fact;
3. Computation of damages;
4. Appropriate legal authority;
Page 3
5. A numbered list of the known significant disputed legal issues;
6. Damages survey (settlements, bench trials, jury awards);
7. Actual and anticipated costs of litigation;
8. History of settlement negotiations;
9. Good faith evaluation of the value of the case, considering the facts,
provable damages, damages limitations (if any), legal issues, witness
strengths and weaknesses, procedural status, timing of trial,
comparable case verdicts, and any other information you believe to be
relevant, AND a good faith explanation of why you value the case as
you do;
10.Preferences for how the settlement conference should be conducted
(i.e., approach to the settlement conference and information that
should not be shared with opposing party or counsel);
11.Any additional confidential comments the party or counsel wishes to
make, such as comments about perceived weaknesses in the case,
any observations about the weaknesses in the opposing party’s case,
and any comments that would be helpful to Magistrate Judge Starnella
in assisting the parties in negotiating a resolution; and
12.A settlement demand or offer.
V. Instructions for Filing of CSS
If you participate in ECF, please e-mail the CSS in PDF format to my Chambers:
Starnella_Chambers@cod.uscourts.gov. Up to 100 pages of additional settlement
materials (e.g. deposition transcripts, exhibits, etc.) may also be submitted to the Court
by e-mail along with the CSS. If you do not participate in ECF, you should mail or
deliver your CSS and additional materials as hard copies, either to the Clerk of the
Court or directly to my Chambers in an envelope marked “Confidential and Private per
Magistrate Judge Starnella Order.”
TradingCharts
2 days ago
KOCH COMMERCIAL SCALE DLE TO BE DEPLOYED AT PRAIRIE
HIGHLIGHTS
AZL to deploy the first ever Koch Technology Solutions (KTS) Li-Pro commercial-scale “quad pod” unit at the Prairie Project in Saskatchewan this year. This represents the largest Direct Lithium Extraction (DLE) process ever deployed by KTS and the first commercial-scale production at Arizona Lithium’s Prairie Project.
Koch Technology Solutions is a subsidiary of Koch, Inc., the second-largest privately held company in the United States, based in Wichita, Kansas. The company is a US-based leader in the innovation of DLE and will be a valuable partner for AZL.
Duperow brine from Pad #1 was tested with KTS’s Li-Pro technology and highlighted exceptional results with approximately 98% lithium retention and an average 99% rejection of impurities such as Calcium (Ca), Magnesium (Mg), Potassium (K)and Sodium (Na).
De-risking allows production to be increased by replication of additional Li-Pro units at Pad #1, followed by further deployment of commercial facilities at Pad #2 and Pad #3. Additional Pad locations are also currently being identified for imminent future development.
The Prairie Project in Canada is well positioned to feed battery-grade lithium carbonate into the mature Asian battery market and the rapidly developing North American battery sector. Batterygrade samples produced from the Prairie Project are currently being distributed and tested in Asia.
Arizona Lithium Limited (ASX: AZL, AZLO, OTC: AZLAF) (“Arizona Lithium”, “AZL” or “the Company”), a company focused on the sustainable development of two large lithium development projects in North America, the Prairie Lithium Project (“Prairie”) and the Big Sandy Lithium Project (“Big Sandy”), is pleased to announce it has entered into an agreement with Koch Technology Solutions (“KTS”) to deploy a Li-Pro commercial-scale Direct Lithium Extraction (“DLE”) unit for Phase 1 production at the Prairie Project. The Company has also entered into a non-binding Memorandum of Understanding (“MOU”) for a commercial license to use KTS’s Li-Pro technology beyond Phase 1.
TradingCharts
2 days ago
Is Iris Jancik giving hints❔️ (Iris Jancik likes this) or trolling the competition🤔😉
https://www.linkedin.com/posts/kbr-inc_criticalminerals-lithium-cleanenergy-activity-7290764019907325953-3E_Q?utm_source=share&utm_medium=member_desktop
🌱⚡ Weardale Lithium has selected KBR's integrated Lithium offering, combining PureLi® - KBR’s refining and conversion technology and LiCapt® - Geolith’s Direct Lithium Extraction technology.
This advanced demonstration facility will be one of Europe's leading sites for lithium brine extraction, producing battery-grade lithium carbonate from geothermal groundwater.
Lithium is essential for EV batteries and renewable energy storage, making it a key driver of the energy transition.🌍🔋
Read more »https://bit.ly/4glIVKY
hashtag#CriticalMinerals hashtag#Lithium hashtag#CleanEnergy hashtag#EnergyTransition
Weardale Lithium gets green light to build UK’s largest lithium extraction facility
https://finance.yahoo.com/news/weardale-lithium-gets-green-light-150511126.html?fr=sycsrp_catchall
The facility will feature an integrated, end-to-end direct lithium extraction (DLE) and carbonisation process, enabling the on-site production of battery-grade lithium carbonate.
This demonstration plant is not only the UK's largest permitted lithium brine extraction facility but also the only one currently approved to produce battery-grade lithium on-site.
According to the company, continuous flow trials are a “key differentiator” as they allow for optimal abstraction performance, reservoir measurement, DLE performance optimisation, and the ability to produce multiple large samples of battery-grade lithium carbonate for customer and offtake specification and validation.
ABOUT WEARDALE LITHIUM
Sustainably resourcing the future
https://weardalelithium.co/at-a-glance/
TradingCharts
4 days ago
What impact might the new CEO have on IBAT?
Copilot
Iris Jancik's appointment as CEO of International Battery Metals Ltd. (IBAT) is expected to have a significant impact on the company. Here are some key points:
1. Commercial Expansion: Jancik will focus on expanding the commercial deployment of IBAT's patented modular direct lithium extraction (DLE) plants. This technology is crucial for meeting the soaring demand for lithium batteries used in electric vehicles (EVs) and energy storage1.
2. Industry Expertise: With her background as CEO of IDE Americas, a subsidiary of IDE Technologies, Jancik brings extensive experience in large-scale water infrastructure projects. This expertise will be valuable in ensuring sustainable and efficient operations.
3. Global Partnerships: Jancik plans to engage with potential partners and buyers, including automakers, oil and gas majors, and brine-resource owners. This could open up new opportunities for IBAT and strengthen its position in the lithium market.
4, Sustainability: Jancik aims to deploy IBAT's technology in a way that respects water resources and can be scaled up easily in various brine resources. This focus on sustainability is crucial for long-term success in the industry.
Overall, Jancik's leadership is expected to accelerate IBAT's growth and help the company capitalize on the increasing demand for lithium. Do you think her experience will make a big difference for IBAT?
TradingCharts
5 days ago
DLE units.
Phase 2 will immediately expand the facility with additional commercial-scale DLE units.
https://www.linkedin.com/posts/arizona-lithium-limited_lithium-ugcPost-7293055317293027328-x6hr?utm_source=share&utm_medium=member_desktop
Arizona Lithium (ASX:AZL) is pleased to provide a progress update for the commercial scale proof of concept facility at Pad #1 and further outlay the development plan for the Prairie Project. The Prairie Project will be put into production across three phases of development. Phases I, II, and III represent the methodical steps being taken to cost-effectively bring the project into production while minimising the risk associated with commercialising a first-of-its-kind process.
????????????????????
• Updated strategic phased development plan has been implemented for the Prairie Lithium Project.
• Phase I will see the Prairie Lithium Project go into production at Pad #1 using a commercial-scale DLE unit capable of producing 150tpa of Lithium Carbonate Equivalent (LCE).
• To get into production, only AUD35m (USD22m) required to spend on Phase 1 CAPEX.
• Non-dilutive capital initiatives currently being considered with multiple potential strategic partners completing extensive due diligence on the Prairie Lithium Project, in addition to existing Government grants and loans being considered as well as traditional debt financing solutions.
• First commercial production marks the first Company in North America to reach this milestone.
• De-risking by a commercial scale proof of concept allows production to be increased by rapid replication of the process at Pad #1.
• Construction work will commence at Pad #1 in Q2 2025.
• Phase 2 will immediately expand the facility with additional commercial-scale DLE units. Additional units can be rapidly deployed to increase production at Pad #1. Phase III will see the Pad design replicated across the already drilled and de-risked Pad #2, and Pad #3. Additional Pad locations are also being finalised in 2025.
• Grey Owl Engineering has been engaged for facility engineering, procurement, and construction (EPC). Grey Owl is a leading Western Canadian oil & gas facilities engineering company.
• The Prairie Lithium Project in Canada is perfectly positioned to feed battery-grade lithium carbonate into the mature Asian battery market. Battery-grade samples produced from the Prairie project are currently being distributed and tested in Asia.
Read more: https://lnkd.in/gQ3Xap73
📺 Watch video: https://lnkd.in/gJXtyFaW
$AZL hashtag#Lithium Paul Lloyd
TradingCharts
1 week ago
Iris Jancik
CEO - International Battery Metals (IBAT)CEO - International Battery Metals (IBAT)
https://www.linkedin.com/posts/iris-jancik-49756556_the-paradox-of-trumps-critical-minerals-activity-7290495913783898113-_RuJ?utm_source=share&utm_medium=member_desktop
29 years. That’s how long it takes for a U.S. lithium mine to go from discovery to production. Too slow to meet demand.
IBAT is changing the game. Our commercial, proprietary modular Direct Lithium Extraction technology is built, deployed and operational in as little as 18 months, far faster than the 5-7 years for other DLE projects or up to 15 years for hard-rock mining. Our Utah plant proved it—commercial operations and production, from deployment to commissioning in just three months.
Yet, as this Heatmap story shows, the conversation still ignores DLE. It’s time to move beyond slow, resource-intensive mining and embrace faster, more sustainable solutions.
IBAT’s proprietary technology is the alternative. We’re ready to deliver.
https://lnkd.in/gprCwaAR
TradingCharts
2 weeks ago
21 JANUARY 2025
QUARTERLY ACTIVITIES REPORT FOR THE
PERIOD ENDING 31 DECEMBER 2024
https://wcsecure.weblink.com.au/pdf/PFE/02904763.pdf
? Continued increases in landholding with the total current landholding now 26,000+ net
acres (34,900 gross surface acres) with an additional 24,000 acres of exclusive abstract
acres still available
? Pantera stands as the largest listed acreage holder outside of industry majors like Exxon,
Albemarle, Standard Lithium and Equinor
? Increased aggressive leasing continues around and specifically to the west of the Pantera
acreage position by both current Smackover players along with PE backed private groups
? A re-entry well commenced in November 2024. The collection of lithium brine samples via
this well proved to be problematic due to unreported drill string left in the well and was
subsequently abandoned. The abandonment decision was made based on the high risk of
capital cost blow out and preservation of shareholder funds
?[color=red] Planning of the first standalone well locations has been brought forward to early 2025. This
will facilitate the collection of lithium brine samples for assaying and DLE testing. These
wells can then be converted into a future production or disposal well.[/color]
? Pantera successfully completed pro-rata non-renounceable entitlement offer, raising
$2,084,647 from new and existing shareholders. PFE offered eligible shareholders to
subscribe for new shares on the basis of one new share for every four shares held, at an issue
price of $0.022, together with one free option for every two new shares applied for,
exercisable at $0.05 on or before 3 years from the date of issue.
TradingCharts
2 weeks ago
Does DLE and new batteries (AMPX), combined make a Jevons Paradox?
https://www.linkedin.com/posts/james-crouch_for-anyone-who-wants-a-break-in-their-social-activity-7290114504753856513-svmc?utm_source=share&utm_medium=member_desktop
Jevons Paradox explains a fascinating - and often misunderstood - economic phenomenon: when advancements in a resource-dependent technology make it more resource-efficient to use, total consumption of that dependent resource can actually go up, rather than down.
The paradox was first described in the 19th century by economist William Stanley Jevons when he observed that improvements in the efficiency of coal engines led to increased coal demand. Essentially, because the resource became cheaper to use, it became more accessible to the masses and, therefore, more widely used, resulting in overall higher consumption.
It's a bit like when you promise yourself that you will start paying more off your mortgage when you get your next pay rise; but when you eventually get the pay rise, you end up moving to a bigger house with a bigger mortgage!
Jevons Paradox has been observed extremely consistently throughout history, especially when the direct underlying resource is energy. However, awareness of the phenomenon remains low, despite its significant relevance to discussions on energy policy and the sustainable development of societies.
le-bon ton-roule
2 weeks ago
Thanks for the clarification, so I am used to IBAT using M.T. most of the time… Either way it's a substantial amount more than they advertise… IBAT normally in the past has referred to Lithium Chloride produced and more importantly it's now Lithium Carbonate at a dramatic increase in tonnage, might be time they update their website to let perspective customers know it's not 5,000 mt a year and could potentially be way over a 100,000 tons a year.
"The Company is anticipating that its patented design will allow access and a means to capitalize on diverse lithium-bearing brine resources. The current plant is capable of producing 5,000 metric tons of commercial-grade LiCl, on a lithium carbonate equivalent basis, each year. The same plant can be quickly expanded to produce up to 20,000 metric tons of LiCl per year, based on the capacity and unique composition of the brine resource."
https://www.ibatterymetals.com/news-category/ibat-announces-assembly-of-commercial-lithium-extraction-plant
https://www.prnewswire.com/news-releases/battery-for-energy-storage-systems-market-to-grow-by-usd-22-18-billion-2025-2029-transition-from-fossil-fuels-to-renewable-energy-drives-growth-report-on-ai-driven-market-evolution---technavio-302359010.html
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2 weeks ago
Pierre de Lapeyriere
CEO SORCIA Europe - ENSORCIA Group
https://www.linkedin.com/posts/pierre-de-lapeyriere_dle-lithium-energytransition-activity-7289674369537048579-8_NU?utm_source=share&utm_medium=member_desktop
Ensorcia Group and IBAT recently showcased their leadership in lithium technology at the Fastmarket European Raw Material conference 2024 in Amsterdam as platinum co-sponsors. Their modular DLE technology stands out as the sole proven solution at a commercial scale 🎖️ .
During the event, key figures from Ensorcia Group and IBAT took part in crucial panels:
👉 Daniel Layton, Chairman of Ensorcia Group and IBAT board director, discussed the potential for South America to emerge as Europe’s top sustainable lithium supplier by embracing responsible practices and maximizing available resources.
👉 Dr. John Burba, IBAT Founder and CTO of the world's first operational modular DLE system at a commercial scale, delved into the future of direct lithium extraction in Europe, addressing imminent sustainability challenges.
IBAT also released a Case Study highlighting its successful Commercial DLE Operations, revealing impressive production metrics. The company's unmatched position in the lithium industry is evident, with the ability to produce 25 tons of high-purity lithium battery-grade carbonate in just a few weeks from heavily contaminated synthetic brines. Noteworthy is the rapid time-to-market deployment, accomplished in less than 5 months, despite the complexity of resources.
👉 Check out the Case Study for more details: [Link to Case Study](https://shorturl.at/kkf2k)
As we step into January 2025, the industry faces the looming specter of a lithium shortage in the next 3 to 4 years. The time is ripe for swift action to bolster efficient lithium supply.
Ensorcia stands out not only for its access to quality lithium brine resources but also for its proven industrial solutions spanning from DLE to refining. These solutions are not only quick ⏳ to implement and cost-effective 💲 but also ensure high-grade battery quality ✅ , all while prioritizing sustainability 🌍 !
hashtag#DLE hashtag#Lithium hashtag#EnergyTransition hashtag#Batteries hashtag#Ensorcia hashtag#IBAT hashtag#Materials hashtag#FastMarket
TradingCharts
2 weeks ago
Pierre de Lapeyriere
CEO SORCIA Europe - ENSORCIA Group
1h • Edited • 1 hour ago
https://www.linkedin.com/posts/pierre-de-lapeyriere_fmf-energytransition-lithium-activity-7289635285473124352-oOb8?utm_source=share&utm_medium=member_desktop
Ensorcia Group had the privilege to participate in the esteemed Future Minerals Forum (FMF) 2025 in Saudi Arabia. The event served as a pivotal platform for global stakeholders in the mineral sectors to converge, fostering collaboration and innovation within this crucial industry.
Saudi Arabia's Vision 2030 strategy, a focal point of the forum, underscores the nation's commitment to nurturing comprehensive value chains in the mineral sector. Particularly noteworthy is the Kingdom's dedication to bolstering industrial ecosystems, notably in lithium, where Ensorcia Group excels with its leading DLE technology. This strategic direction aims to diminish reliance on Asian markets, fortify Saudi Arabia's autonomy, and empower global partners, encompassing Europe and the Americas.
Throughout FMF 2025, Ensorcia Group engaged with key ministries and prominent entities such as the Ministry of Industry, Saudi Invest, Exim Bank, Maa'den, Aramco, and other esteemed organizations. These interactions epitomized a collaborative ethos and a shared vision for propelling the mineral and industrial domains forward.
The impeccable organization of the event, coupled with Saudi Arabia's unparalleled hospitality, cultivated an inspiring milieu for substantive discussions and strategic alliances. Ensorcia Group eagerly anticipates further cooperation with Saudi Arabia and its partners to contribute to the advancement of sustainable and sovereign mineral value chains.
Heartfelt appreciation is extended to Saudi Arabia for hosting this exceptional forum and for its steadfast support in shaping the trajectory of the global mineral industry. The prospect of advancing together in the lithium industry is eagerly anticipated.
hashtag#FMF hashtag#EnergyTransition hashtag#Lithium hashtag#DLE hashtag#CriticalMinerals hashtag#Batteries hashtag#EV hashtag#Sustainable
TradingCharts
3 weeks ago
Excited to be speaking at the CERAWeek Innovation Agora this March 10-14! The Agora is an incredible space for innovation, bringing together technologists, entrepreneurs, investors and policymakers to tackle the biggest challenges in energy and sustainability.
I’m looking forward to sharing how IBAT’s proprietary modular DLE technology is key to creating a U.S. lithium industry, onshoring North America’s battery supply chain, and supporting a cleaner, more resilient energy future.
Honored to be part of such an inspiring program—hope to see you there! hashtag#CWAgora
https://www.linkedin.com/posts/iris-jancik-49756556_cwagora-activity-7288569921699991552-jWP1?utm_source=share&utm_medium=member_desktop
TradingCharts
4 weeks ago
Iris Jancik reposted this
International Battery Metals Ltd.
https://www.linkedin.com/posts/international-battery-metals_we-agree-with-jigar-shahthat-the-us-must-ugcPost-7285760822344065024-P0Te?utm_source=share&utm_medium=member_desktop
10h • 10 hours ago
We agree with Jigar Shah that the U.S. must build out its own lithium infrastructure and, to do so, unconventional technologies will carry the day. All eyes are on the Smackover Formation, where southwest Arkansas alone could hold as much as 19 million tons of lithium, according to USGS. We know the region well; 2022 testing there by Galvanic and IBAT showed up to 89% lithium recovery with our proprietary modular DLE system. Now, as the first commercial-scale DLE operator in North America with a mobile plant design, we are ready to roll and scale, including in the Smackover, to supply domestic lithium for EV batteries and grid storage.
Read more about our test here: https://lnkd.in/g3c4m9sP
TradingCharts
4 weeks ago
I looked at the transcript and at the 6:50 mark this was said, ringcon we were really at The Cutting.
So I asked copilot if Burba, ever worked there here is my coversation with copilot:
(Me) ringcon we were really at The Cutting
It sounds like you're referring to the work done by Rincon Lithium, which was at the cutting edge of Direct Lithium Extraction (DLE) technology. This technology is crucial for efficiently extracting lithium from brine sources, making the process faster and more cost-effective. Rincon Lithium was known for its innovative approaches in the lithium brine space, and their efforts have significantly contributed to advancements in the industry.
If you have more specific details or questions about Rincon Lithium or DLE technology, feel free to share!
(Me)Did John Burba ever work there and do you have a link for the management team and directors?
Yes, Dr. John Burba, often referred to as "The Godfather of Lithium," has been involved in various lithium extraction projects, including Rincon Lithium. He is known for his pioneering work in Direct Lithium Extraction (DLE) technology
For information about the management team and directors of Rincon Lithium, you can visit their official website. If you have any more questions or need further details, feel free to ask!
Cannot trust copilot😔
(Me)What year did John Burba work for Rincon Lithium?
Dr. John Burba has been involved in various lithium extraction projects throughout his career, but there is no specific information indicating that he worked directly for Rincon Lithium. He is known for his pioneering work in Direct Lithium Extraction (DLE) technology and has contributed to several lithium brine projects in North and South America.
Rincon Lithium Project
https://www.riotinto.com/operations/projects/rincon
SALAR DEL RINCÓN, SALTA PROVINCE, ARGENTINA
The Rincon Lithium Project – a large, low-cost lithium-brine asset located in the heart of the ‘lithium triangle’ in Argentina – will be a valuable source of rapidly produced, high-quality lithium for the global energy transition.
In December 2024, we announced our investment of US$2.5 billion to expand Rincon, representing our first commercial scale lithium operation. Rincon's capacity of 60,000 tonnes of battery grade lithium carbonate per year is comprised of the 3,000-tonne starter plant and 57,000-tonne expansion plant.
The project consists of brine extraction using a production wellfield, processing and waste facilities, as well as associated infrastructure. We’re using direct lithium extraction (DLE) technology, a process that supports water conservation, reduces waste and produces lithium carbonate more consistently than other methods.
This investment follows our achievement of producing first lithium at the Rincon 3000 starter plant in November 2024, only 32 months after completing acquisition of the greenfield project
TradingCharts
4 weeks ago
January 15, 2025 Looks like the royalties must have been worked out.
I keep searching for the latest updates. Google seems to be better then AI.
https://www.magnoliareporter.com/news_and_business/lafayette_county/article_ae589fc0-d379-11ef-b3a9-731898e565ac.html
SWA Lithium, the joint venture between Standard Lithium Ltd. and Equinor ASA, said Wednesday, January 15, 2025 that it has successfully commenced drilling a new well into the Smackover Formation at its South West Arkansas Project.
The well is currently at a depth of approximately 8,000 feet below surface and has a targeted total depth of 9,600 feet. The well location is in Lafayette County, south of Lewisville.
SWA Lithium is also undertaking an extensive field program to re-enter the wells drilled in 2023 to conduct detailed reservoir testing and brine sampling work.
All data gathered from this new well will be used to inform the forthcoming front end engineering design (“FEED”) and Definitive Feasibility Studies (“DFS”).
The SWA team is also conducting an extensive field program at four wells in the proposed first area of operation, The work consists of well re-entry, hydraulic testing to determine reservoir characteristics, and brine sampling and testing. In addition, large volumes of brine have been collected from the International Paper Company (IPC-1) to allow the field-based pilot testing to be operated.
The company said in a statement that work has demonstrated that reservoir properties are better than previously gathered in the preliminary feasibility study, and also, where lithium brine samples have been sent off for third-party analysis, the lithium concentrations are higher than previously published. Key data will be made public when available, and all relevant data will be provided in the DFS later in 2025.
TradingCharts
4 weeks ago
Texas is where my guess would be.
Silver Creek Resources
https://www.silvercreekresources.co/
https://ca.finance.yahoo.com/news/international-battery-metals-ltd-announces-220000330.html
Jacob Warnock is the Founder & CEO of Silver Creek Resources, LLC, a company specializing in mineral and royalty acquisitions of high-growth oil and gas rights within top-tier U.S. basins. As CEO, he has overseen company operations and acquisitions in the Eagle Ford and Haynesville Shale since 2020. A serial entrepreneur, Warnock currently manages 18 companies and has over 20 years of experience establishing and overseeing numerous upstream oil and gas enterprises, along with multiple joint ventures across several US basins. Mr. Warnock's expertise extends to leasing, curative, permitting, surface operations, facility construction, pipelines, negotiations and strategic exits.
State Oil and Gas Commission unanimously denies royalty rate application for lithium extraction
by Phillip Powell
November 5, 2024
https://arktimes.com/arkansas-blog/2024/11/05/ark-oil-and-gas-commission-unanimously-denies-royalty-rate-application-for-lithium-extraction
The Arkansas Oil and Gas Commission denied the royalty rate application from five companies seeking to extract lithium-rich brine in south Arkansas, a move that will require the companies to come up with another rate proposal and that will cause more delays for the commercial extraction of the mineral.
The five companies – Standard Lithium, Exxon Mobil, Albemarle, Tetra Technologies, and Lanxess Corporation – proposed a rate of 1.82%, which landowners in south Arkansas have argued is too low. During a much anticipated nearly two-day Oil and Gas Commission hearing that began Monday in El Dorado, the companies presented hours of expert witness testimony to make their case for the proposed payout.
The Oil and Gas commissioners voted 9-0 Tuesday afternoon to deny the application. The rate would have been a minimum rate set for over 500,000 acres of land the lithium companies have leased. The royalty rate would be multiplied by the amount of lithium carbonate produced and the price of the lithium to determine an annual royalty payout to the mineral rights owners.
Commercial extraction cannot begin until a royalty rate is set. The companies submitted the application for the 1.82% proposal in July.
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NanoEE
4 days ago
