Kamloops, British Columbia--(Newsfile Corp. - March 1, 2023) - Advance Lithium Corp. (TSXV: AALI) ("Advance Lithium" or "the Company") is pleased to announce that it has entered into discussions with Mexico's national lithium company, LitioMx, to form a joint venture. The goals of Advance Lithium and LitioMx are aligned, in that both want Mexico to become a lithium mining country as quickly as possible.
Advance Lithium has a group of lithium and potassium salars/salt lakes in central Mexico. The lithium and potassium mineralization are in clay deposits that start right at the surface. The lithium and potassium are not bound up in other minerals.
Advance Lithium has the rights to use a patent pending lithium and potassium extraction method for its salars. The first step is to add water to the clay and then agitate it to release the lithium and potassium from the clay. Then using electrical separation, a concentrate would be produced of lithium, potassium and water. Followed by adding an organic compound to the concentrate to separate the lithium and potassium from the water.
Key benefits of this extraction method is low energy would be needed which could be provided using solar power. The lithium extraction methods for other lithium clay deposits need expensive roasters that have high energy costs as the lithium is bound up in other minerals. The water from the method could be recycled and used many times, which is a key difference between other lithium extraction methods from clay deposits which require significant amounts of water that can't be recycled. No need for acid digestion to liberate the lithium and potassium from other minerals. It truly is a green mining solution to produce lithium crucial for green energy.
A demonstration plant is currently being built in Zacatecas, Mexico by a team of metallurgists with extensive experience working for Mexican major mining companies building and operating production facilities. The goal is to show potential partners, shareholders and other interested parties the unique method to extract lithium and potassium from Advance Lithium's salars.