TELF AG publishes new information geothermal mining opportunities

The publication focuses on the importance of sustainable extraction procedures in the mining industry. By giving the example of geothermal extraction, the information explains that in the future, many companies may prefer these sustainable extraction methods due to their low cost.

Switzerland – October 26, 2023 —

Lugano, Switzerland, October 25, 2023 – The latest topic by TELF AG, entitled “TELF AG analyzes the potential of geothermal extraction”, focuses on the importance of sustainable extraction procedures in some specific areas of the mining industry, such as that linked to the production of lithium. By giving the example of geothermal extraction, the information explains that in the future, many companies may prefer these sustainable extraction methods due to their low cost.

The publication begins with an overall overview of the world of raw materials and their link with the global energy transition and sustainability, evident above all in their role of primary importance in the manufacture of batteries that will increasingly power computers, cell phones, and electric vehicles. In particular, we focus on a less obvious aspect of this relationship, namely the sustainable extraction methods that could be adopted by a large number of companies around the world. Geothermal energy, is able to ensure less waste of energy resources and a much lower impact on the surrounding environment, also thanks to the specific peculiarities of extraction methods based on geothermal energy.

The piece explains in detail the geothermal lithium extraction process, confirming that this specific method is by far the most sustainable to achieve the production of this material: lithium, is obtained from a geothermal brine, extracted through an isothermal plant at a temperature of approximately 165 degrees centigrade. It is from this brine that lithium is extracted, with a sustainable and low-impact process that makes the use of hydrocarbons and other substances commonly used in traditional extraction processes unnecessary.

The TELF AG publication also mentions the advantages linked to this specific extraction method: in particular, it mentions the lower consumption of natural resources, such as water and subsoil, the lower overall costs of the entire extraction procedure, and the reduced quantities of carbon dioxide released into the atmosphere during extraction procedures. Furthermore, geothermal extraction also makes it possible to generate additional energy, which is used to power the extraction process itself and to avoid the use of other energy sources to support extraction.

In the final part, it recalls the main industrial applications of lithium, talking about its use in the medical field and for the production of batteries. To find out more, we advise readers to read the full publication.

 
ENDS

About Us: About TELF AG:
TELF AG is committed to leading the way in solutions and continually strives for innovation through its initiatives. It is a full-service international physical commodities trader with 30 years of experience in the industry. Headquartered in Lugano, Switzerland, the company operates globally, serving customers and providing solutions for commodities producers worldwide. TELF AG works in close partnership with producers to provide effective marketing, financing, and logistics solutions, enabling suppliers to focus on their core activities and access far-reaching markets wherever they may be.

Its flexible, customer-focused approach allows TELF AG to create tailor-made solutions for each producer, facilitating long-term partnerships. Additionally, consumers widely recognize them for their operational excellence and reliability.

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Organization: TELF AG
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Release ID: 89111297

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