The startup company’s Midland Basin demonstration plant, located in the Permian Basin, takes a major step toward commercialization by proving its direct lithium extraction technology can refine battery-grade lithium carbonate from produced water under multiple 24/7 production cycles.

The Yara Sluiskil facility in the Netherlands expects to capture and liquefy 800,000 tons of carbon dioxide annually. The carbon dioxide is to be transported by Northern Lights vessels to Øygarden, Norway, where it will be stored.

The shale revolution, the Paris Agreement, and the global pandemic each transformed energy markets. Now, industry leaders say energy pragmatism is emerging.