The provided source discusses Element3, a Texas-based company, which has secured funding to develop the first commercial lithium extraction facilities in the United States that utilize wastewater from the oil and gas industry, specifically in the Permian Basin. This innovative technology aims to recover battery-grade lithium from an existing waste stream, thereby avoiding many of the environmental issues associated with traditional mining methods like extensive digging and freshwater consumption. By commercializing this process by the end of 2025, Element3 hopes to establish a significant domestic source of lithium, contributing to American independence in the supply chain for electric vehicles and energy storage. The source emphasizes that the volume of oilfield wastewater is substantial enough to potentially supply more than half of the predicted U.S. lithium shortfall by 2030, presenting a more rapid and sustainable production method.
