Bob Brackett

speaker
400 appearances 1 recordings 1 series first heard Nov 2024 last heard Nov 2024

Bob Brackett’s voice in public audio — every appearance, attributed to the second.

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And the Atacama has this lithium triangle that spreads between Bolivia, Argentina, and Chile, the world's hugest endowment.
You go up into the highlands of Tibet and you can find similar.
So in Tibet, for example, Chinese companies are drilling wells, right?
Again, which is kind of funny.
We've come full circle from my oil and gas roots.
You drill for uranium, you drill for oil, you drill for gas, you drill for lithium brines, you pump this very salty brine to the surface, and historically, you let it evaporate.
Golf.
You did the same thing the French have done on their coasts for years.
Years and you create seldom air, that's beautiful sea salts, but you don't want the sodium chloride, you don't want the table salt, you want the lithium.
And so we've been doing that for a very long time.
It's economic, even doing it in these remote areas.
And then slowly and now quickly over time, there is a technology disruption.
And so one of the reasons I have to cover all of these various commodities is the shale industry destroyed.
Yeah.
the oil patch.
And the reason that shale was such a disruptive technology was threefold.
First, it's small little units of Capex, $10 million a well, not a billion dollar platform.
Second,
You get a quick response, I get oil two quarters later, not five years later.
And third, we drilled a hundred thousand shale wells and we got smarter and smarter and smarter.
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