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According to a report by the Global Energy News Network on June 11, Schlumberger New Energy and Panasonic Energy North America, a subsidiary of Panasonic North America, announced that the two parties have reached a cooperation agreement for Schlumberger.
Xie New Energy's NeoLith Energy pilot plant in Nevada validates and optimizes innovative and sustainable lithium extraction and production processes
.
This cooperation paves the way for improved lithium production solutions and will help meet the anticipated surge in lithium demand in the global electric vehicle (EV) market
.
NeoLith Energy's sustainable approach uses a differentiated direct lithium extraction (DLE) process to produce high-purity battery-grade lithium materials, while reducing production time from more than a year to a few weeks
.
This unique process is in sharp contrast to traditional evaporative lithium extraction methods, significantly reducing groundwater and physical footprint
.
As a global technology company and leader in lithium-ion batteries, Panasonic has a proven track record of innovative and advanced products and solutions that power the automotive industry
.
In the next ten years, the demand for battery-grade lithium is expected to increase exponentially
.
NeoLith Energy's goal is to extract salt water from the ground, extract more than 90% of the dissolved lithium, and pump more than 85% of the salt water back underground in an environmentally safe manner
.
In addition to maximizing the reinjection of salt water, the ultimate goal is to eliminate any need for fresh water from external sources and reduce the impact on the environment
.
Panasonic and Schlumberger New Energy are committed to accelerating the development and implementation of innovative lithium production processes, and are committed to economic, environmentally friendly and responsible mining to promote the world's transition to new energy
.
Panasonic Corporation, headquartered in Osaka, Japan, is a global leader in the development of innovative technologies and solutions for a wide range of applications in consumer electronics, housing, automobiles, and B2B
.
The company celebrated its 100th anniversary in 2018
.