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Segment-Based Risk Mapping for Lithium Brine Prospectivity
- Publisher: European Association of Geoscientists & Engineers
- Source: Conference Proceedings, The Fourth EAGE Global Energy Transition Conference and Exhibition, Nov 2023, Volume 2023, p.1 - 5
Abstract
Summary
Lithium is a critical energy transition element. Mineral demand forecasts suggest that the global lithium-ion battery value chain will expand, with lithium mining having the potential to become a $34 billion industry by 2030 a five-fold increase from 2022 ( McKinsey & Company, 2023 ).
Essential to meeting the rising mineral demand is the execution of high-efficiency de-risked exploration methods capable of fast-tracking new search spaces. Thus far, lithium exploration has largely been conducted in a piecemeal fashion. Focus has been limited to evaluating specific targets, allowing no clear predictions to be made about neighbouring sites, nor a holistic view of the lithium potential of a particular region.
CGG has utilised its years of experience in oil and gas exploration, understanding of large datasets and in-depth lithium mineral system analysis to consider how a play/systems-based approach may be applied to mineral exploration. We have been working on bringing the concepts of a systems-based approach, and the communication technique of a common risk segment (CRS) map, to a regional case study of lithium brine exploration across western Argentina, with an aim to highlight areas of interest for further analysis.
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