Tag: lithium

What do you call one-third of one per cent?

Ding ding ding! The amount of power output Alberta’s wind farms were putting out at noon on Tuesday. But the feds want us to get rid of all coal and natural gas power generation! And it was like that for around 10 hours! Whoo hoo, more wind!

And from the other side of the spectrum, the development of lithium into a potential multi-billion dollar industry in Saskatchewan continues apace, as Hub City Lithium announced test results from its second well north of Estevan which confirmed numbers from the first – and that one had the highest concentrations reported in Canada for lithium brines. But there’s a curious wild card here – it’s right beside the Viewfield Crater, an astrobleme from 190 million years ago. There’s only a handful of known craters in Canada, and this is one. Discussion in the story.

Math on how Saskatchewan can grow a multi-billion dollar lithium industry

I’ve been talking for a while now about how lithium has to potential to become a multi-billion industry in Saskatchewan in a few years. Here’s a big chunk of how: Lithium in SK, Part 19: Grounded Lithium’s Kindersley project could cost $447 million to build, but bring in $350 million per year

Also, Brian Zinchuk on Gormley. Up for discussion this month: current oil prices and drilling activity, TC Energy spinning off the Keystone Pipeline system, Public Policy Forum’s paper on doubling the electrical grid, vilification of the oil sector.

And about those two billion trees

 

A million dollars isn’t cool. You know what’s cool? A billion dollars … from lithium

Here’s why Pipeline Online has been doing such a deep dive into lithium in Saskatchewan. If current lithium prices hold, the standard-sized lithium project (of which there are several) planned for Saskatchewan will result in just under a billion dollars (CAD) per year in revenue. That’s right – per year, each. If they can get direct lithium extraction to work, we’re talking about a multi-billion industry in this province in a few years time

The dawn of a new industry in Saskatchewan: Lithium

Geothermal exploration well as it was tested for lithium almost exactly a year ago.

Pretty much anything with a rechargeable battery in it these days, from a cellphone to an electric vehicle, uses lithium (except for the lead-acid battery in your conventional car or truck). As the lightest metal, there’s no beating the periodic table.

It turns out, Saskatchewan has lithium beneath its southern soil. And now five companies are in a race to explore it, develop it, commercialize it bring it to market.

Pipeline Online just launched an in-depth series on what’s happening in Saskatchewan, a series over a year in the making. You can read Part 1, the introduction, and Part 2, recently released Saskatchewan incentives.

It’s the birth of an entirely new industry for this province, one that, if it pans out, could be worth many billions. And it’s all being done with oilfield companies and workers, as seen above.

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