Tour of CPR's Pilot Plant for DLE testing Junior lithium explorer Allied Copper Corp (CPR.v CPRFF), soon to be known as Volt Lithium, recently hit a 52 week high following the achievement of a technical breakthrough with its proprietary, next-generation DLE technology; plus, CPR has sustained a BUY rating on BarChart.com for the past month with a 100% BUY rating today.
With a technically-focused strategy targeting profitable commercial production of lithium from oilfield brine, CPR has the potential to become a near term producer in North America.
The technical breakthrough with its proprietary, next-generation IES-300 DLE technology is expected to support continued step-change improvements in Volt's process & project economics upon commercialization.
This technology builds upon CPR's previous success with the IES 200 DLE process which achieved 93% lithium recoveries from oilfield brines.
Notably, the IES 300 continues to achieve 93% lithium extraction while reducing the amount of re-agent required to treat oilfield brine as it enters the extraction process, resulting in lower operating costs, thus, enhancing the projects economics.
President of CPR and founder of Volt, Alex Wylie, commented:
"With results from our current pilot project anticipated by the end of Q2/23, we are excited to confirm that our next generation IES-300 technology can lower operating costs by reducing reagent inputs while maintaining high lithium extraction - all of which are critical to generate the robust economics Volt is targeting.”
CPR is testing their proprietary DLE process at its Pilot Plant in Regina, which was designed specifically for this. For more information, I'd recommend checking out CPR's feature on Pinnacle Digest for a tour of the Plant: https://youtu.be/Fo-sJVT1hGs
Latest News Release: https://www.alliedcoppercorp.com/post/volt-lithium-announces-technical-breakthrough-with-next-generation-ies-300-proprietary-direct
Deep Dive DD: https://www.reddit.com/r/Canadapennystocks/comments/1242az4/volt_lithium_the_first_commercial_producer_of/
Posted on behalf of Allied Copper Corp