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LibertyStream presents commercial lithium production from oilfield wastewater and plans 1,000-tonne plant

At the OTCQB conference LibertyStream presented its business model to recover lithium from produced water in the Permian Basin, turning a disposal problem into a revenue source. The first commercial plant is sized for 1,000 tonnes of lithium carbonate per year, requires about CAD 37 million in CapEx and is intended to allow modular expansions; production costs are quoted at roughly CAD 6,200 per tonne. The company recently raised CAD 42.5 million in equity, is seeking debt financing, aims for offtake agreements and a Nasdaq listing in 2026. Management emphasizes rapid scalability and lower capital intensity compared with conventional lithium projects, but warns of execution risks in financing, customer qualification and commercialization. » More on de.investing.com