PetroSun Announces an Increase in Lithium Reserves to $18.9 Billion with Estimated Production beginning in Q2 2025 and a Pilot Program as early as Q4 2024 [Yahoo! Finance]
PETROSUN INC (PSUD)
Company Research
Source: Yahoo! Finance
PetroSun and its technology affiliates are confident in our ability to extract and process lithium from both clay and brine water on a level that is both economically viable in today's market and environmentally friendly. This confidence is also trending over into the ability to secure the capital requirements from government loan programs and the private sector for the initial extraction and processing plants for both a clay and brine water. These plants will be located in the US. The Company is pursuing opportunities in the Salton Sea area of California and the Smackover Trend located in in South Arkansas, North Louisiana, East Texas and Mississippi for the extraction and processing of lithium and other elements of economic value. There are continuing evaluations of its holdings in the Four Corners (Arizona, New Mexico, Colorado and Utah) and in Mexico; which is rich in lithium concentrations, but also zeolite, rubidium and cesium in commercial quantities. The zeolite clay rese
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Sec Filings
- 8/19/24 - Form 144/A
- 8/15/24 - Form 144
- PSUD's page on the SEC website