DLE tech and $LBNK This scientific article from McKinsey & Company is a must-read IMO for lithium investors as it dives into DLE technology. The article asserts that DLE could increase Li supply, reduce the industry’s ESG concerns and lower costs.
https://cdn-ceo-ca.s3.amazonaws.com/1h5r6e5-McKinsey%20-%20Lithium-mining-new-production-technologies%20-%20DLE%20-%20April%202022.pdf
I have been following LithiumBank ($LBNK.v) for a while and one of the reasons I like this company so much is because it uses DLE tech. $LBNK has vast mineral title holdings in western Canada with 326,000 acres in Saskatchewan and 2.82M acres in Alberta.
Its flagship project Sturgeon Lake has an estimated 5.97M tonnes LCE and an average lithium concentration of 67.1 mg/l. The total estimated elemental Li recourse at the project is 1.12M tonnes.
Rn $LBNK is trading @ $1.10/share, MC is $40.878M