An economic analysis model for lithium production by Direct Lithium Extraction (DLE) method from a single well

• Autorzy: Zwierzyński Adam Jan

Identyfikatory

DOI

10.7494/jge.2025.42.1.7007

• Języki publikacji: EN

Abstrakty

EN

The article presents an economic model enabling the assessment of the profitability of lithium extraction using the direct lithium extraction (DLE) method from geothermal brines from a single well. The model enables a preliminary simplified assessment of the profitability of DLE projects, which can be helpful in selecting the optimal locations for such projects and drilling production wells. The article also presents the critical role of lithium as a raw material for the decarbonization of the global economy, methods of its extraction, and the economic prospects of the market for this raw material. It also presents exemplary DLE projects in the world.

Słowa kluczowe

EN

lithium; brine; lithium geothermal brine; lithium direct extraction; LDE

• Wydawca: AGH University of Science and Technology Press
• Czasopismo: Journal of Geotechnology and Energy
• Rocznik: 2025
• Tom: Vol. 42, no. 1
• Strony: 21--27
• Opis fizyczny: Bibliogr. 11 poz., tab.

Twórcy

autor

Zwierzyński Adam Jan

• AGH University of Krakow, Faculty of Drilling, Oil and Gas, Poland

• https://orcid.org/0000-0002-2568-6446

Bibliografia

• [1] Regulation of the European Parliament and of the Council. Establishing a framework for ensuring a secure and sustainable supply of critical raw materials and amending Regulations (EU) 168/2013, (EU) 2018/858, 2018/1724 and (EU) 2019/1020, Annex II, Section 1 – List of critical raw materials. https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A52023PC0160 [4.02.2025].
• [2] Lithium Market Size Expected to Achieve USD 28.45 Billion by 2033. https://www.globenewswire.com/news-release/2024/09/10/2944010/0/en/Lithium-Market-Size-Expected-to-Achieve-USD-28-45-Billion-by-2033.html [4.02.2025]
• [3] European Commission: Directorate-General for Internal Market, Industry, Entrepreneurship and SMEs, Grohol, M. and Veeh, C.: Study on the critical raw materials for the EU 2023 – Final report. Publications Office of the European Union, 2023, https://data.europa.eu/doi/10.2873/725585 [4.02.2025].
• [4] Industry report „Elektromobilność w Polsce: Inwestycje, Trendy, Zatrudnienie”, Polish Investment and Trade Agency in cooperation with Bergman Engineering and Polish Chamber of Electromobility Development. https://www.paih.gov.pl/wp-content/uploads/0/144601/144608.pdf [4.02.2025].
• [5] BMI Predicts Lithium Shortfall in 2025. https://www.miningnewswire.com/bmi-predicts-lithium-shortfall-in-2025/ [4.02.2025].
• [6] Lu S., Frith J.: Will the Real Lithium Demand Please Stand Up? Challenging the 1Mt-by-2025 Orthodoxy. BloombergNEF, 2019. https://about.bnef.com/blog/will-the-real-lithium-demand-please-stand-up-challengingthe-1mt-by-2025-orthodoxy/ [4.02.2025].
• [7] Sanjuan B., Gourcerol B., Millot R., Rettenmaier D., Jeandel E., Rombaut A.: Lithium-rich geothermal brines in Europe: An up-date about geochemical characteristics and implications for potential Li resources. Geothermics, 101, pp. 102385, 2022. https://doi.org/10.1016/j.geothermics.2022.102385.
• [8] Razowska-Jaworek L., Pasternak M.: Potential lithium resources in geothermal brines and saline mine waters in Poland (poster). Lithium Symposium, Vienna, Austria 2024. http://doi.org/10.13140/RG.2.2.26371.82728.
• [9] Vulcan Energy Corporate Presentation Q1 2025. https://api.investi.com.au/api/announcements/vul/bc4408d4-408.pdf [4.02.2025].
• [10] Standard Lithium January 2025 Management Presentation. https://www.standardlithium.com/investors/company-information/presentations [4.02.2025].
• [11] Arizona Lithium. https://www.arizonalithium.com/wp-content/uploads/2024/01/02758730.pdf [4.02.2025].

Uwagi

Opracowanie rekordu ze środków MNiSW, umowa nr POPUL/SP/0154/2024/02 w ramach programu "Społeczna odpowiedzialność nauki II" - moduł: Popularyzacja nauki (2025)