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October 20, 2021: Compass Minerals Lithium: Sustainable And Domestic.pdf

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Preview of October 20, 2021: Compass Minerals Lithium: Sustainable and Domestic
🔗 Source: s22.q4cdn.com
📊 Size: 4.28 MB
👤 Author: Lakshmi Venkitachalam Seethalakshmy
⬇️ Downloads: 109

Summary

Compass Minerals is developing a lithium resource at its Ogden, Utah site, with an estimated 2.4M metric tons LCE total lithium resource. The company aims to produce battery-grade lithium hydroxide, leveraging existing infrastructure and natural processes. Compass Minerals emphasizes sustainability, safety, and environmental responsibility, with a focus on creating a safe workplace, valuing community partnerships, and managing environmental impact. The company is a leading salt producer in North America and the U.K., and the largest sulfate of potash producer in the Western Hemisphere, with approximately $1B in annual revenue. The development of domestic lithium supply is critical, as North American lithium supply is limited, and the global demand for lithium is accelerating, driven by the growing electric vehicle market and government initiatives, such as President Biden's target of 50% electric vehicle sales share in 2030.

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Description

Compass Minerals is developing a lithium resource at its Ogden, Utah site, with an estimated 2.4M metric tons LCE total lithium resource.

Technical Information

  • File Format: PDF
  • File Size: 4.28 MB
  • Pages: 16
  • Language: EN
  • Author: Lakshmi Venkitachalam Seethalakshmy
  • Total Downloads: 109
  • Last Updated: 21 hours ago

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