Geomechanics.io

  • Free Tools
Sign UpLog In
Built byBoxcut Studio

Geomechanics.io

Geomechanics, Streamlined.

© 2026 Geomechanics.io. All rights reserved.

Geomechanics.io

CMRR-ioGEODB-ioHYDROGEO-ioQCDB-ioFree Tools & CalculatorsBlogLatest Industry News

Industries

MiningConstructionTunnelling

Company

Terms of UsePrivacy PolicyLinkedIn
    Projects
    Contract Award

    EnergyX–Trafigura US$2bn lithium offtake: project and DLE notes for engineers

    October 13, 2026|

    Reviewed by Joe Ashwell

    EnergyX–Trafigura US$2bn lithium offtake: project and DLE notes for engineers

    First reported on MINING.com

    30 Second Briefing

    Energy Exploration Technologies (EnergyX) has signed a binding 10‑year offtake deal with Trafigura for 100,000 tonnes of battery‑grade lithium products, worth over US$2 billion at current prices of about US$20,000/t. Supply will come from lithium carbonate at the Black Giant project in Chile’s Antofagasta region (planned capacity 52,500 t/y across two phases, Phase 1 targeted 2028) and lithium hydroxide from the Lonestar DLE demonstration plant in the Smackover formation in Texas (250 t/y LCE, Phase 1 commercial 2029). The agreement, backed by Eni’s US$225 million equity and a US EXIM Bank US$690 million debt LOI, provides revenue visibility to finance commercial-scale deployment of EnergyX’s patented GET‑Lit DLE refining platform.

    Technical Brief

    • Lonestar demonstration plant in Hooks, Texas is rated at 250 t/y lithium carbonate equivalent.
    • Lonestar is the first DLE facility in Texas processing locally sourced Smackover brine.
    • Smackover formation resource extends from Florida to Texas, providing a large brine footprint for scale-up.
    • Black Giant in Chile’s Antofagasta region is funded in part by Eni’s US$225m equity stake.
    • U.S. EXIM Bank has issued a US$690m debt financing Letter of Intent for Black Giant.
    • EnergyX’s GET-Lit DLE refining platform is protected by more than 150 patents worldwide.
    • Lonestar has been operating longer, but Black Giant has more advanced commercial plant engineering completed.
    • Target commercial Phase 1 production dates differ: Black Giant 2028, Lonestar 2029, affecting ramp-up sequencing.

    Our Take

    EnergyX’s GET-Lit DLE platform, backed by more than 150 patents and already being deployed in the Lonestar demonstration plant on the Smackover formation, positions the company closer to a technology provider model seen in its MoU with Compass Minerals than a pure-play project developer, which may influence how future offtakes are structured around technology licensing as well as tonnage.

    In our database, EnergyX is one of the few lithium players simultaneously advancing brine (Black Giant in Chile), formation brine (Smackover/Lonestar in Texas) and downstream LFP cathode capacity in Hooks, Texas, suggesting Trafigura’s 10‑year offtake could be used flexibly across multiple feedstock and product streams rather than being tied to a single mine risk profile.

    Geotechnical Software for Modern Teams

    Centralise site data, logs, and lab results with GEODB-io, CMRR-io, and HYDROGEO-io.

    No credit card required.

    • Save and export unlimited calculations
    • Advanced data visualisation
    • Generate professional PDF reports
    • Cloud storage for all your projects

    Prepared by collating external sources, AI-assisted tools, and Geomechanics.io’s proprietary mining database, then reviewed for technical accuracy & edited by our geotechnical team.

    Related Articles

    Hertha Metals’ $100M Texas iron plant: supply and process notes for mine planners
    Mining
    about 1 hour ago

    Hertha Metals’ $100M Texas iron plant: supply and process notes for mine planners

    Hertha Metals has broken ground on its $100 million Hertha Chalyx plant in Conroe, Texas, designed to produce about 10,000 tonnes per year of combined steel-grade and magnet-grade high-purity iron using domestic ore from Minnesota’s Iron Range and Texas natural gas. The facility, adjacent to the Pi100 pilot plant where 99.95% purity was achieved in August, will scale Hertha’s FLEXHERS process, which couples electric arc furnace technology with natural gas or hydrogen. First magnet-grade output is targeted for early 2028, feeding US NdFeB magnet makers that currently rely on China for an estimated 94% of high-purity iron.

    PC Gold’s new North Link zone at Spring Hill: pit and slope implications for planners
    Mining
    about 1 hour ago

    PC Gold’s new North Link zone at Spring Hill: pit and slope implications for planners

    PC Gold has identified a new high-grade North Link zone immediately north of the existing mineral resource estimate at its Spring Hill gold project in the Northern Territory, based on recent reverse-circulation drilling targeting mineralisation extensions. The North Link structure is interpreted to connect with known lodes within the current MRE footprint, potentially extending strike continuity and adding shallow, open-pittable ounces. For mine planners and geotechs, the result signals a need to revisit pit shell optimisation, geotechnical domains and slope design north of the present resource limits.

    Horizon’s Snook gold hits: pit shell growth and UG options for mine planners
    Mining
    about 1 hour ago

    Horizon’s Snook gold hits: pit shell growth and UG options for mine planners

    Horizon Gold has reported its strongest intercept yet at the Snook prospect within the Gum Creek project in Western Australia, with reverse-circulation drilling returning 44m at 5.08g/t gold from 145m, including 11m at 16.30g/t from 174m. The thick, high-grade zone at moderate depth points to a larger open pit shell and supports evaluation of underground mining scenarios beneath any eventual pit floor. For mine planners and geotechs, the result justifies updated pit optimisations, geotechnical domain modelling and closer-spaced drilling to refine continuity and rock mass conditions.

    Related Industries & Products

    Mining

    Geotechnical software solutions for mining operations including CMRR analysis, hydrogeological testing, and data management.

    CMRR-io

    Streamline coal mine roof stability assessments with our cloud-based CMRR software featuring automated calculations, multi-scenario analysis, and collaborative workflows.

    HYDROGEO-io

    Comprehensive hydrogeological testing platform for managing, analysing, and reporting on packer tests, lugeon values, and hydraulic conductivity assessments.

    GEODB-io

    Centralised geotechnical data management solution for storing, accessing, and analysing all your site investigation and material testing data.

    AllGeotechnicalInfrastructureHazardsEnvironmental