Lithium-focused junior MGX Minerals has teamed up with water treatment company Eureka Resources to potentially recover lithium from water produced at nonconventional oil and gas sites across the Marcellus and Utica shale formations in the US.
Deep natural gas reserves located in the Marcellus and Utica shale account for about 40% of all natural gas produced in the US. The oil and gas operations in this region also generate large volumes of produced water.