If power plant on Big Island were to start extracting valuable minerals like lithium on state-owned land, royalty payments should increase.
Puna Geothermal Venture (Courtesy Ormat) |
In the parlance of geothermal engineering, this is called “solution mining by nature,” and the potential profits to be made from it are immense — so much so that it has gained the attention of two Hawaii County Council members, Margaret Wille and Daniel K. Paleka Jr., who are convening a hearing on the subject next month.
Does Ormat Technologies Inc. — the owner of Puna Geothermal Venture, which operates Hawaii’s only geothermal power plant — have plans in the works to adopt the technology?
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