Lilac Solutions is planning a lithium empire from the shores of the Great Salt Lake

The Great Salt Lake isn’t an obvious place to develop a lithium mine. The Salton Sea boasts lithium concentrations of just under 200 parts per million. Argentina, where Lilac has another test facility, has resources of above 700 parts per million. 

Here on the Great Salt Lake? “It’s 70 parts per million,” Raef Sully, Lilac’s Australia-born chief executive, tells me. “So if you had a football stadium with 45,000 seats, this would be three people.”

For Lilac, this is actually a feature…