LibertyStream Announces Successful Field Trial in North Dakota’s Bakken Region

16 hours ago 1

Article content

Expansion into North Dakota’s Bakken Basin Reinforces Company’s Leadership in U.S. Critical Mineral Supply

Financial Post

THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY

Subscribe now to read the latest news in your city and across Canada.

  • Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.
  • Daily content from Financial Times, the world's leading global business publication.
  • Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
  • National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
  • Daily puzzles, including the New York Times Crossword.

SUBSCRIBE TO UNLOCK MORE ARTICLES

Subscribe now to read the latest news in your city and across Canada.

  • Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.
  • Daily content from Financial Times, the world's leading global business publication.
  • Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
  • National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
  • Daily puzzles, including the New York Times Crossword.

REGISTER / SIGN IN TO UNLOCK MORE ARTICLES

Create an account or sign in to continue with your reading experience.

  • Access articles from across Canada with one account.
  • Share your thoughts and join the conversation in the comments.
  • Enjoy additional articles per month.
  • Get email updates from your favourite authors.

THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.

Create an account or sign in to continue with your reading experience.

  • Access articles from across Canada with one account
  • Share your thoughts and join the conversation in the comments
  • Enjoy additional articles per month
  • Get email updates from your favourite authors

Sign In or Create an Account

or

Article content

CALGARY, Alberta — LibertyStream Infrastructure Partners Inc. (TSXV: LIB | OTCQB: VLTLF | FSE: I2D) (“LibertyStream” or the “Company”) is pleased to announce a successful field trial of its proprietary mobile Direct Lithium Extraction (“DLE”) unit (the “Field Unit”) in North Dakota’s Bakken region (the “Field Trial”). This initiative, in collaboration with Wellspring Hydro (“Wellspring”), is supported by a combined US$2.5 million in funding facilitated through the North Dakota Industrial Commission’s Clean Sustainable Energy Authority and Renewable Energy Program.

Article content

Article content

Article content

“Congratulations to LibertyStream and Wellspring on achieving a major milestone: successfully extracting lithium from produced water right here in North Dakota. This innovative approach transforms an oilfield by-product into a valuable resource for clean energy—using existing infrastructure, off-the-shelf equipment, and real-time field testing,”

Article content

By signing up you consent to receive the above newsletter from Postmedia Network Inc.

Article content

commented Rich Garman, Director of Development and Finance at the North Dakota Department of Commerce.

Article content

“We’re proud to have supported this project through the Renewable Energy Council, the Clean Sustainable Energy Authority, and the North Dakota Development Fund. This is a strong example of how North Dakota’s pro-innovation and resource-smart mindset is helping lead the way in critical mineral production.”

Article content

North Dakota Field Trial

Article content

The purpose of the Field Trial was to compare the performance and efficacy of the Field Unit against previously validated pilot trials performed at LibertyStream’s Research and Development Centre in Calgary, Alberta, Canada. The results from the Field Trial confirmed the performance of the Field Unit against the performance at the Research and Development Centre by achieving an average 96% lithium extraction rate from Bakken‑region oil‑field brine. The field trial was conducted at Compass Energy System’s (“Compass”) Blue Marlin salt-water-disposal facility (“SWD”) in North Dakota.

Article content

Our team designed the Field Unit to drive system performance while maintaining both flexibility and portability,” said Dr. John McEwen, Inventor and Chief Technology Officer at LibertyStream. “The North Dakota Field Trial sets the stage for future trials, further advancing our technology and readiness for commercial deployment.”

Article content

Key Highlights of the Field Trial include

Article content

  • The Field Trial used LibertyStream’s proprietary DLE Technology and Process (the “Technology”) providing further validation of the robustness of the Technology to process oil-field brine from multiple oil fields across America with consistent results;
  • Lithium‑recovery results matched those from the Calgary R&D facility, with the Field Unit averaging a 96% lithium extraction rate on brine sourced from Compass Blue Marlin SWD;
  • The average lithium content of the processed brine at the site was 75 mg/L;
  • Average volume per DLE cycle was 300 gallons over the Field Trial period; and
  • More than 1,300 DLE cycles have now been completed across six months of U.S. field operations, underscoring scalability.

Article content

Article content

Strategic Significance: North American Lithium Leadership

Article content

LibertyStream has conducted field operations in North America’s two most prolific onshore oil-producing basins—the Permian in Texas and New Mexico, and the Bakken in North Dakota. Together, these basins represent over 60% of total U.S. onshore oil output, providing significant opportunities for lithium extraction from extensive lithium-rich produced water volumes.

Article content

The Permian Basin generates approximately 19 million barrels per day of produced water at lithium concentrations averaging around 30 ppm, translating to a conservative 170,000 tonnes per annum (“tpa”) of potential LCE.

Article content

The Williston Basin Bakken production ranges from 1.6 million to2 million barrels of produced water per day, suggesting potential production of ~50 000 tpa LCE.

Article content

CEO Commentary:

Article content

“The North Dakota Field Trial provides further supporting evidence of the robustness of the Technology we have developed at LibertyStream. This milestone builds on six months of intensive operations in Texas, during which the company completed over 1,300 DLE runs, demonstrating robust and scalable technology readiness. These trials are instrumental to our strategy and showcase the continued progress toward transforming lithium extraction in a responsible, capital-light and high-efficiency manner as we transition to commercial operations in America.”

Article content

Alex Wylie, President & CEO of LibertyStream Infrastructure PartnersQualified Person Scientific and technical information contained in this press release has been reviewed and approved by Doug Ashton, P.Eng, and Meghan Klein, P.Eng of Sproule Associates Limited, each of whom are qualified persons within the meaning of National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). Mr. Ashton and Ms. Klein consent to the inclusion of the data in the form and context in which it appears.

Article content

About LibertyStream Infrastructure Partners

Article content

LibertyStream is a lithium development and technology company aiming to be one of North America’s first commercial producers of lithium carbonates from oilfield brine. Our strategy is to generate value for shareholders by leveraging management’s hydrocarbon experience to deploy our proprietary DLE technology directly into existing oil and gas infrastructure, thereby reducing capital costs, lowering risks and supporting the world’s clean energy transition. With four differentiating pillars, and a proprietary Direct Lithium Extraction (“DLE”) technology and process, LibertyStream’s innovative approach to development is focused on generating the highest lithium recoveries with lowest costs, positioning us for future commercialization. We are committed to operating efficiently and with transparency across all areas of the business staying sharply focused on creating long-term, sustainable shareholder value. Investors and/or other interested parties may sign up for updates about the Company’s continued progress on its website: https://LibertyStream.com/.

Read Entire Article