v3.26.1
Demonstration Plant
3 Months Ended
Mar. 31, 2026
Demonstration Plant  
Demonstration Plant
6.
Demonstration Plant

The Company operates an industrial scale direct lithium extraction ("DLE") demonstration plant (the "Demonstration Plant") in El Dorado, Arkansas. The Demonstration Plant operation costs are comprised of the following (in thousands):

 

 

 

Three months ended
March 31,

 

 

 

2026

 

 

2025

 

Personnel

 

$

984

 

 

$

645

 

Reagents

 

 

19

 

 

 

22

 

Repairs and maintenance

 

 

53

 

 

 

31

 

Supplies

 

 

176

 

 

 

98

 

Test work

 

 

 

 

 

3

 

Office trailer

 

 

15

 

 

 

7

 

Other

 

 

59

 

 

 

49

 

Total costs

 

$

1,306

 

 

$

855