LibertyStream's Texas Move Aims to Turn Oil Brine into Battery Gold

DALLAS, TX – January 14, 2026 – LibertyStream Infrastructure Partners, a Canadian-listed company at the forefront of extracting lithium from oilfield wastewater, is making a decisive pivot to the United States. The company announced it will ask shareholders to approve a re-domiciliation to Texas and establish a new corporate headquarters in Dallas, a strategic move designed to anchor its future in the heart of the American energy sector.

The proposal will be put to a vote at a Special Meeting of Shareholders scheduled for March 31, 2026. This move represents a critical step in LibertyStream’s ambition to become the first commercial producer of lithium carbonate from oilfield brine in Texas, aligning its corporate identity with its rapidly expanding operational base in the Permian Basin.

A Strategic Pivot to the Lone Star State

LibertyStream's plan to relocate its legal home from Canada to Texas is the culmination of a two-year operational focus on the state's vast oilfields. Since commencing operations in the Permian Basin in mid-2024, the company has worked to prove its proprietary technology can unlock a vast, untapped domestic source of a mineral critical for the clean energy transition.

“Re-domiciling to Texas and establishing our Corporate Head Office in Dallas, Texas marks an exciting next chapter as we accelerate our strategy to become the first company to commercially extract lithium from oilfield brine in Texas,” said Alex Wylie, President & CEO of LibertyStream, in a recent statement. The company’s senior executives already relocated to Dallas in 2025 to be closer to its West Texas field operations.

By formally becoming a Texas-based corporation, LibertyStream aims to streamline its path to commercialization, which it anticipates for late 2026. “This move positions us squarely in the center of our operational footprint as we transition toward our commencement of commercial operations,” Wylie added. The company believes the move will also bring it closer to its future customer base, enabling the sale of American-produced lithium directly to American manufacturers, particularly within the burgeoning battery and electric vehicle industries.

For existing shareholders, the re-domiciliation will have significant implications. If approved, their investment will be governed by Texas corporate law instead of Canadian law. The company plans to mail a detailed Information Circular by March 9, 2026, which will outline the legal, financial, and tax consequences of the corporate migration.

The Pursuit of a U.S. Stock Listing

Beyond the geographic shift, the re-domiciliation is a key enabler of LibertyStream’s larger financial strategy: securing a listing on a major U.S. stock exchange like the NYSE or NASDAQ. The company is targeting a listing for late 2026 or early 2027, a move that would provide access to the world’s deepest capital markets.

A U.S. listing offers substantial benefits, including enhanced trading liquidity, greater visibility among institutional and retail investors, and the prestige that can lead to a higher valuation. For a company operating at the intersection of energy and technology, being listed in the U.S. can also improve access to federal programs and funding aimed at building a secure domestic supply chain for critical minerals.

However, the path is rigorous and costly. LibertyStream will need to navigate the extensive disclosure and compliance requirements of the U.S. Securities and Exchange Commission (SEC), including registering its securities and adhering to the stringent financial reporting and corporate governance standards of a major exchange. The company has confirmed it is working closely with U.S. legal counsel and auditors to manage this complex process, which represents a significant bet on its long-term growth potential.

From Oilfield Waste to a Clean Energy Resource

At the core of LibertyStream's strategy is its proprietary Direct Lithium Extraction (DLE) technology. This innovative process is designed to selectively pull lithium from the immense volumes of saltwater, or brine, that are brought to the surface as a byproduct of oil and gas production. For decades, this produced water was considered a costly waste stream requiring disposal. DLE technology promises to turn it into a valuable resource.

The company has made significant strides in proving its concept at scale. Its West Texas operations have successfully scaled to process up to 10,000 barrels of brine per day. More importantly, LibertyStream announced in late 2025 that it had successfully commissioned a refining unit, converting the extracted lithium chloride into industrial-grade lithium carbonate—the final product needed by battery makers.

This achievement is part of a broader industry trend that positions DLE as a more sustainable alternative to traditional lithium extraction. Conventional methods, such as hard-rock mining or massive evaporation ponds, carry significant environmental footprints, requiring vast amounts of land and water. DLE technologies, by contrast, offer much faster processing times, higher lithium recovery rates, and a smaller physical footprint, as the lithium-depleted brine can be reinjected underground.

An Emerging Industry Takes Root in Texas

LibertyStream is not alone in seeing the potential of oilfield brine. Major players like ExxonMobil and a growing number of specialized technology firms are actively exploring lithium extraction in Texas and Arkansas, signaling the birth of a new domestic industry. The DLE market is projected to grow exponentially, potentially reaching over $18 billion by the early 2030s, as the world scrambles to secure lithium supplies for the electric vehicle revolution.

The emergence of this industry is prompting regulatory action. The Railroad Commission of Texas, the state's powerful oil and gas regulator, has been tasked by the legislature to develop rules for lithium extraction from brine. This move provides regulatory certainty but also highlights unresolved legal questions, such as who owns the lithium in the produced water—the surface landowner or the holder of the mineral rights.

This budding industry is poised to benefit from powerful federal tailwinds, including tax credits from the Inflation Reduction Act for domestic critical mineral production. By leveraging Texas's existing oil and gas infrastructure, skilled workforce, and business-friendly environment, companies like LibertyStream aim to create a secure, domestic lithium supply chain that reduces America's dependence on foreign sources. The proposed move to Dallas is a clear signal that the company sees Texas as the epicenter of this transformation, where the legacy of the hydrocarbon economy provides the foundation for a new chapter in American energy production.