CTR’s rapid lithium extraction and production facility, Hell’s Kitchen Lithium is located within the highly active Salton Sea Known Geothermal Resource Area in Imperial County, California, USA. Adopting the project name from the iconic ‘Hell’s Kitchen’ restaurant that was previously built on the site in 1927, Hell’s Kitchen Lithium will revolutionize the way we source battery grade lithium products combining established rapid lithium extraction technology and geothermal power.
The project’s available lithium products are estimated at 75,000+ tonnes per annum and will utilize 100% renewable base-load geothermal power.
A Sustainable and Secure Solution
The facility will extract lithium from mineral-rich Thermal Brines utilizing 100% renewable energy.
In comparison to ‘hard rock’ and ‘evaporation pond’ mining methods, the rapid extraction process takes hours, not months to produce battery-grade lithium products; significantly reducing operating costs while eliminating weather dependency and negative environmental impacts.
Further benefits include a small production footprint, reduced use of chemical reagents and direct access to rail, highway and established infrastructure.
Hell’s Kitchen Lithium will be the most environmentally advanced lithium extraction and production facility in the world today.
Opportunities for battery manufacturing companies to co-locate onsite will further enhance a seamless and secure materials and battery product supply chain.
Delivery in 2023
CTR has commissioned industry experts in lithium extraction, environmental and social compliance, and engineering to develop the NI 43-101 Preliminary Economic Assessment Report (“PEA”) due for completion in Q3, 2019.
Stage 1 drilling and the construction of the pilot plant will follow in 2019.
The CTR team expect to deliver Stage 1 LCE production in 2023, having secured long-term lease holdings inclusive of all mineral rights.
CTR’s minerals and geothermal resource assessment (NI43 -101) has verified a robust and long-term resource.
Hell’s Kitchen Lithium will be developed in modular stages of 15,000 tonne LCE units to meet demand, ultimately producing 75,000 tonnes LCE per annum.
CTR has the capabilities and resources to expand the development in 3 additional phases providing a total resource capacity of more than 300,000 tonnes of LCE per annum.
Hell’s Kitchen Lithium is located within the boundaries of the Salton Sea Known Geothermal Resource Area (SSKGRA) in Imperial County, California, USA. CTR has secured all land and subsurface mineral rights within the leasehold area.
Total Land Area Secured: 7,380 Acres
Total Lithium Potential: 300K tonnes per annum
Total Power Potential: 1,100 MWe (inclusive of subordinate rights)
Project and Production Staging:
Stage I: 2023 + 15k TPA / 49.9 MWe onsite power plant
Stage II: 2025 + 15k TPA
Stage III: 2027 + 45k TPA
*Power estimate assumes triple-flash CRC process with bottoming cycle.
**TPA = Tonnes of lithium carbonate per annum (inferred estimates)
A Known Geothermal & Minerals Resource
The Salton Sea Known Geothermal Resource Area (SSKGRA) has been well documented since 1982 with successful geothermal projects operating in this highly active area for over 30 years.
Geothermal plants operating since 1982
Proven production with no sign of production decline in over 30 years of operations
The entire SSGF has an estimated power capacity of 2,950 MW
Estimates of LCE in the SSGF as high as 15 million tonnes
The Hell’s Kitchen lease and operational location is an extension of a proven geothermal field.
Minimal carbon and environmental footprint
No open-cut mining or evaporation ponds
Closed loop, rapid extraction system
Not subject to fluctuations in weather patterns
Using 100% on-site, renewable energy
Minimal re-agents and chemicals used
Lower transportation carbon footprint with direct rail connectivity and infrastructure
Attractive to investors and companies with high-level sustainability mandates
U.S. location provides political stability for consistent access and supply
Project in line with California and International climate goals
Socially responsible supply chain with employment benefits for the region
Options for manufacturing facilities on-site, reducing international transportation & taxes
Ready access infrastructure including direct rail and interstate highway connectivity
Supported by Federal, State and Local Government agencies.
Global demand for Electric Vehicles (EV) is growing exponentially
An estimated 30 million BEV and PHEV car sales expected by 2030*
By 2024, EV’s are expected to be cost competitive on an unsubsidized basis*
By 2040, 55% of all new cars are expected to be electric vehicles*
Market forecasts Lithium (LCE) demand to increase at 4x current production supply by 2025, 10x current production supply by 2030 and 20x by 2040^
* Bloomberg New Energy Finance, Electric Vehicle Outlook 2018. ^ Benchmark Mineral Intelligence