Lilac Solutions CEO David Snydacker explains the company’s lithium extraction technology and what it could mean for the lithium market.
The Investing News Network caught up David Snydacker, CEO of Lilac Solutions, at this year’s Cathodes conference to get more insight on Lilac’s lithium extraction technology.
“The conventional process for extracting lithium from brines requires large evaporation ponds. Lilac eliminates ponds entirely, and with that the uncertainty surrounding construction and weather for evaporation,” he said.
In addition, Lilac’s technology can access brines with lower concentrations of lithium for which ponds are not viable.
Watch the video above to hear more about Lilac and Snydacker’s thoughts on the market. The transcript for this interview will be added shortly.
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Securities Disclosure: I, Priscila Barrera, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.