A Breakthrough in the Production of Lithium is Expected From Associated Formation Water in the Russian Federation in 2-3 years
Meanwhile, the interest of the world’s oil companies in the extraction of a scarce chemical element is also directed to geothermal brines. Lithium production at the Kovykta gas condensate field may begin in the next 2-3 years. This will happen in case of successful introduction of industrial technology for extracting …
Gazprom and Irkutsk Oil Company to Elaborate Project for Lithium Production from Kovyktinskoye Field
Gazprom and Irkutsk Oil Company (INK) signed a Memorandum of Intent today at St. Petersburg International Gas Forum 2021. According to the document, the parties are interested in starting a joint project for the production and processing of formation brines (saline groundwaters) from the Kovyktinskoye field of Gazprom in order to obtain lithium compounds and other valuable components. The groundwaters of the Kovyktinskoye field …