Mentioned:
Lithium carbonate is officially being produced in Texas. And a publicly traded company in Canada is behind it.
What’s happening:
- LibertyStream Infrastructure Partners (TSXV: LIB) has successfully delivered their first tonne of lithium carbonate to a customer in the United States
Why it matters:
- This is the first shipment LibertyStream Infrastructure Partners has made since beginning to produce lithium carbonate at Select Water Solutions’ (NYSE: WTTR) site located in Howard County, Texas
Going deeper:
- LibertyStream Infrastructure Partners has publicly stated they plan to reach an annual production capacity of 1,000 tonnes of lithium carbonate this year
- Select Water Solutions and LibertyStream Infrastructure Partners previously made waves when they formed a new deal deal in which Select Water Solutions will provide their produced water, treatment and pipeline network to LibertyStream Infrastructure Partners in exchange for a royalty on the lithium carbonate that is ultimately produced by LibertyStream Infrastructure Partners
