A set of documents aimed at implementing the project for the production and processing of formation brines (saline groundwaters) from the Kovyktinskoye field of Gazprom in order to obtain lithium compounds and other valuable components was signed today at a meeting held via a video link.
Alexey Miller, Chairman of the Gazprom Management Committee, and Denis Manturov, Minister of Industry and Trade of the Russian Federation, signed an Agreement of Cooperation.
The parties agreed to, inter alia, cooperate in R&D activities aimed at creating domestic technologies, equipment and materials required to implement the project. The document also envisages drawing up proposals regarding state support measures for research and industrial enterprises.
A tripartite action plan (roadmap) for the project was also signed between Gazprom, Irkutsk Oil Company, and the Ministry of Industry and Trade of the Russian Federation.
Gazprom is actively engaged in setting up import-substituting facilities covering the full cycle of lithium production and processing. We have already completed a feasibility study for a project of this kind for the Kovyktinskoye field. The project has a very large potential. Initial estimates suggest that it might cover the bulk of domestic demand for lithium in the long run,†said Alexey Miller.
Despite a substantial resource base, Russia is not producing lithium yet. This only enhances the significance of the prospective project of Gazprom and Irkutsk Oil Company. It offers us an opportunity to shape a full-cycle lithium industry with a high export potential,†said Denis Manturov.
Kovyktinskoye is the largest field in eastern Russia. Its subsurface use license is held by Gazprom. The field's recoverable gas reserves amount to 1.8 trillion cubic meters. Kovyktinskoye serves as the basis for the Irkutsk gas production center and, together with the Chayandinskoye field in Yakutia, forms the resource base for the Power of Siberia gas pipeline.
The groundwaters of the Kovyktinskoye field contain vast reserves of natural lithium compounds. Lithium is highly sought for in various industrial applications, including the manufacture of rechargeable batteries for electric devices and electric vehicles. ■