This company is planning a lithium empire from the shores of the Great Salt Lake

Lilac Solutions is pioneering a new lithium extraction technology called direct lithium extraction (DLE) from the Great Salt Lake, aiming to double US lithium production in two years. DLE methods reduce environmental impact compared to traditional mining. Lilac's technology uses proprietary beads to extract lithium efficiently with minimal water usage, positioning the company as a technology vendor rather than a producer. The company's pilot plant aims to increase domestic lithium supply and could be a game-changer in the industry.