READY TO PARTNER WITH US
Sparrow Hills Lithium
According to EIA lithium demand is projected to reach between 1.5 to 3.0 million tons annually by 2030, driven by needs of energy transition and electrification of global economy – that’s 2-4 times higher than current supply.
Sparrow Hills Investment Focus
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Building acreage positions / Drilling operations to delineate resource
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Pilot production of brine and lithium products / Opportunistic & synergistic technology investments
EXPONENTIAL HISTORIC GROWTH IN BATTERY STORAGE
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Building acreage positions / Drilling operations to delineate resource.
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Battery energy storage is dominated by lithium-ion chemistries (i.e. lithium is in all batteries).
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Battery storage demand will continue growing with AI/datacenter growth and demand for clean energy.
Over the last three years Sparrow Hills invested in building a leasehold position attractive portfolio of development assets in Smackover formation in Northeast Texas, prospective for lithium brines («Lithium Company»).
Smackover formation is known to contain significant lithium brine resources, which have been confirmed through extensive drilling initially conducted for hydrocarbon exploration. The aim is to develop these brine resources swiftly and judiciously to produce lithium using the Direct Lithium Extraction (DLE) process.
Investment in Lithium Company aligns perfectly with operational expertise of Sparrow Hills’ principals, given extensive oil and gas industry background and expertise, hence Lithium Company as investment is directly managed by Sparrow Hills as executives.
In concordance with building the Lithium Company, Sparrow Hills has organically identified other attractive lithium brines investment opportunities both in Smackover and elsewhere in the U.S. for replicating its initial success with direct investment in the Lithium Company.
Smackover formation is known to contain significant lithium brine resources, which have been confirmed through extensive drilling initially conducted for hydrocarbon exploration. The aim is to develop these brine resources swiftly and judiciously to produce lithium using the Direct Lithium Extraction (DLE) process.
Investment in Lithium Company aligns perfectly with operational expertise of Sparrow Hills’ principals, given extensive oil and gas industry background and expertise, hence Lithium Company as investment is directly managed by Sparrow Hills as executives.
In concordance with building the Lithium Company, Sparrow Hills has organically identified other attractive lithium brines investment opportunities both in Smackover and elsewhere in the U.S. for replicating its initial success with direct investment in the Lithium Company.