Logo

Aqueous Resources LLC

Aqueous Resources' patent-pending selective pre-treatment processing and electrochemical concentration technology will enable lithium brine resource companies to extract Li through DLE (Direct Lithium Extraction) technologies with significantly lower chemical, water and CO2 intensity, higher recovery rates, less waste, reduced costs and higher end-product purity. The improvements in process efficiency will enable AR to become a sector leader in North- and South American sustainable lithium production whilst eliminating the use of evaporation ponds.

Denver, CO, USA

One Liner

One Liner
Aqueous Resources' patent-pending selective pre-treatment processing and electrochemical concentration technology will enable lithium brine resource companies to extract Li through DLE (Direct Lithium Extraction) technologies with significantly lower chemical, water and CO2 intensity, higher recovery rates, less waste, reduced costs and higher end-product purity. The improvements in process efficiency will enable AR to become a sector leader in North- and South American sustainable lithium production whilst eliminating the use of evaporation ponds.

What Problem We are Solving

Problem
Direct Lithium Extraction (DLE) is an processing approach based on selectively isolating lithium from solution without the need for traditional evaporation methods which for an average 45,000 mt/yr LCE production facility consume 10 billion gallons of water per year and emit over 250,000 mt of CO2/ year whilst destroying 2,500 acres of land. The end-product of a DLE process is a high-purity lithium concentrate (usually either Li-sulphate or Li-chloride), which can then be further refined using conventional methods (polishing/electrolysis) into lithium chemicals (carbonate or hydroxide). The deployment of DLE technologies, of which there are many under development, is hampered by the cost of conditioning feedstock to remove impurities by conventional means and the concentration of the extracted lithium chloride for conversion. These processes are highly dependent on chemicals. The patented electro-pressure membrane driven process being developed by Aqueous Resources fractionates and concentrates a lithium hydroxide product from suitable Lithium containing brines. The use of this process will greatly reduce chemical reagent consumption and waste generation associated with impurity removal compared to presently used methods of extraction. Included is a post-extraction, non-thermal, lithium chloride concentration step that will produce desalted water for potential reuse in the direct extraction process.

About Us

About Us
Our principal tactical business objective is to demonstrate the successful transfer and adaption of proven, patented oilfield waste water treatment and recycling technology (US Patent 10899646B2) for lithium brine processing, concentration and eventually extraction in multiple controlled lab tests. Aqueous Resources is a field proven, technology driven, service company deploying advanced selective membrane and electrochemistry technologies and processes that are adapted to novel DLE processing applications. We need financial- and human resources to take a minimum of three lithium formation brine samples and deliver quantitative techno-economic data analysis together with complete processing flowsheet design. Each lithium-enriched brine will have unique characteristics and will require bespoke pre-treatment and processing. This is a relatively high risk stage for our potential lithium resource clients and they are typically reluctant or unwilling to provide any working capital to fund these lab scale tests. 

Venture Highlights

Highlights
- Aqueous Resources LLC (AR) incorporated May 18th, 2022
- Signed office / lab lease agreement in November 2022 - 8200 E Pacific Place, Unit 103, Denver
- Signed agreement with Dr. Christopher A Green as CTO in December 2022
- Secured strategic investment agreement with Lithos Technology LLC in December 2022
- Patent US-2023-0014044-A1 published by USPTO January 19, 2023
- Met with CEO of Lithium Americas, CTO of Abermarle and COO of Lake Resources in February 2023
- Engaged with first 7 target customers: Galvanic, 3PL, Lithium Americas, Mission Creek, SQM, Abermarle, Lake Resources
- Commissioned pilot processing facility in May 2023 - ready to receive sample brines for processing and testing in June
- Scheduled on premises visits for SQM, Galvanic, Mission Creek in June and July
- Scheduled meetings with support of US trade commission with the CFO's of Abermarle and SQM in August
- Scheduled keynote address at global lithium congress in Salta, Argentina in August 
  
Key focus for AR this summer is to start processing lithium enriched brines from three target customers in our Denver facility, and to demonstrate quantitative results superior to existing DLE processes and technologies. AR will be expanding its core technical team, and plan to recruit a top-notch Process Engineer with membrane and electrochemistry experience over the next two months.

Business Model

Business Model
License reservoir specific lithium brine flowsheet and process design and operate complete in-field pre-treatment and lithium chloride concentration phases of production for a gross royalty. 

Revenue

Revenue To Date
N/A
MRR
N/A
Revenue YTD
N/A
Burn Rate
N/A

Users

Total Users
1
Total Users (Past 30 Days)
1
Daily Active Users
N/A
Monthly Active Users
N/A
Total Paying Users
N/A
MoM Growth Users
N/A
Organic Traffic %
N/A

Customer Costs

CAC
$250.00
LTV
$200.00
Churn
N/A
Margins
78%

Go-To Market Strategy

Business Strategy
We have done a robust market analysis and as a result we have focused on 3 private pre-production continental brine resource owners: Mission Creek and Galvanic Energy in the Smackover, AK; and 3 Proton Lithium ("3PL") located in Railroad Valley NV. 3PL's asset alone will boost American production of lithium by 300%. We are actively processing 3PL's brines now. Mission Creek and Galvanic are scheduled to tour our Denver based facility in June. This will drive towards lab processing with those two. The largest external markets are located in Argentina and Chile. We met with SQM and Abermarle in Chile 2 weeks ago and are in the process of getting lab demonstration projects funded and kicked off. During that visit we set up the Gold Key US trade advocacy service and in August we fly back to Chile to meet the CFO's of both Abermarle and SQM with the support of the US trade commission. Further, in August we will be a key note speaker at the international lithium conference in Salta, Argentina again supported by the US trade commission and have a multiplicity of prospective client meetings established. The key targets in Argentina are: PlusPetrol / Litica, Lithium Americas, and Allkem-Livant.

Competitive Analysis

Competitive Analysys
We have a patented pre-treatment process which has been field proven for the past 6 years in the oilfield for recycling produced frac water. The efficiency, and commercial scalability of DLE is fundamentally a water management issue driven specifically by ones capability to deliver a consistent stream of appropriately pre-treated brine prior to using a DLE technique to deliver a concentrated fractioned brine. Secondly, during the DLE phase we leverage a bipolar fractionated electrodialysis stack prior to nanofiltration. This process is principally electrical which means we can leverage solar or wind on-prem. Others are driven by toxic chemical hungry processes. 
Competitor Website
EnergyX energyx.com
International Battery Metals www.ibatterymetals.com
Lilac Solutions lilacsolutions.com

Networking

Networking
We are open to meeting up to grab a coffee, or just to chat. We would really enjoy your feedback and insight into our venture and would be happy to discuss anything that you are currently working on to see if we can be of service!

Share

TAM SAM SOM

TAM
$14B
SAM
$10B
SOM
$10B

Business Stage

Business Stage
Mvp Built

Business Type

Business Types
Investor-Backed

Categories

CleanTech
Energy

One-Pager

Download
Last Updated: 05/15/23