Occidental and BHE Renewables Form Joint Venture to Commercialize TerraLithium Extraction Technology
OXY(OXY) Newsfilter·2024-06-04 20:00
HOUSTON , June 04, 2024 (GLOBE NEWSWIRE) -- Occidental (NYSE:OXY) and BHE Renewables, a wholly owned subsidiary of Berkshire Hathaway Energy, today announced they formed a joint venture for the demonstration and deployment of TerraLithium's Direct Lithium Extraction (DLE) and associated technologies to extract and commercially produce high-purity lithium compounds from geothermal brine. TerraLithium, a wholly owned subsidiary of Occidental, has patented DLE technologies that have the potential to process an ...