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Berkshire Hathaway explores geothermal lithium

Posted on - 08 Feb 2019

Category - News & Views

FT reported that Berkshire Hathaway is studying plans to produce lithium as a by-product from geothermal energy production from its wells in California. Although Berkshire Hathaway denies signing an agreement to allow lithium extraction from its wells, there seems to be little doubt that the company is exploring the potential to produce lithium from them. A presentation by Berkshire Hathaway Renewables (BHR) seen by BMR showcases the significant potential for geothermal production of lithium from the Salton Sea in California, to occupy a spot in the bottom quartile of the cost curve, in line with the cheapest brine producers. The...

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Berkshire Hathaway Geothermal Lithium