KBR (NYSE:KBR) announced today it has signed an alliance agreement with GeoLith SAS to offer its advanced Direct Lithium Extraction (DLE) technology, Li-Capt®. This technology enables zero-emission lithium extraction from untapped sources like geothermal and oil well brines.
Under the terms of the agreement, KBR will serve as the exclusive global licensor of GeoLith's Li-Capt® technology, which produces pure lithium concentrate and is adaptable to various brine compositions and extraction sources. This technology, in combination with KBR's existing suite of battery material technologies including PureLiSM, a high purity lithium production technology, provides clients with an end-to-end solution to produce battery-grade lithium carbonate or lithium hydroxide monohydrate, essential components for advanced batteries in electric vehicles, from lithium brine feedstock.