Lithium is predicted to be in short supply into the 2030s. Extraction of lithium from brine is an economically favorable pathway. Direct lithium extraction (DLE) from brine is a modern, efficient method designed to recover lithium from brine sources, such as geothermal waters and salt flats, without needing large evaporation ponds. This project aims to maximize the rate and efficiency of lithium recovery while minimizing the environmental impacts. Conventional lithium extraction methods involve prolonged processes that demand significant amounts of water and extensive land use. DLE technologies use selective absorbents, ion exchange, or solvent extraction to isolate lithium more quickly and with less waste. A mass and energy-balanced economic model, which accounts for the initial precipitation and solvent adsorption steps of a typical DLE process, was developed to analyze different business scenarios based on the system design's techno-economic considerations. The objectives of DLE include reducing water consumption, lowering carbon emissions, and enhancing lithium yield to meet the growing demand for lithium. The results from the model were compared to other methods of lithium extraction to showcase the benefits of using DLE from brine.