Element3 is creating a secure, domestic supply of lithium and other critical materials.
The U.S. oil and gas industry generates one trillion gallons of wastewater each year as a byproduct of operations. Despite containing valuable resources, this water is largely discarded. We can transform today’s waste into valuable commodities to fuel the growing energy demands of tomorrow.
Each year, one trillion gallons of wastewater are produced from ancient subsurface rock as a part of existing U.S. oil and gas operations.
We estimate the commercially extractable resource equates to at least 250,000 tons of lithium carbonate per year.
This is enough lithium to manufacture approximately 5 million base model electric vehicles per year.
As a key element in electric vehicles, energy storage, consumer electronics, and advanced manufacturing, demand for lithium is surging to unprecedented heights.
Element3’s technology and business model are designed specifically for the unique operational demands and economic structure of the oil and gas industry.