VLT provides a compelling investment opportunity Looking for a company positioned at the forefront of the rapidly growing electric vehicle and renewable energy sectors with a short timeline to production? Check out Volt Lithium (VLT.v VLTLF).
With a strategic position in the lithium supply chain, ensuring strong growth potential and profitability, VLT is poised to benefit with a technically-focused strategy targeting profitable commercial production of lithium from oilfield brine.
Previously known as Allied Copper (CPR.v CPRFF), VLT is focused on developing its Rainbow Lake Lithium Project and is on track to become a near-term producer in North America.
Rainbow Lake has a robust lithium reservoir with 78 billion barrels of lithium-infused brine and concentrations up to 119 mg/L. With pilot production underway, VLT is aiming to start commercial production in 2024, producing 1000 tonnes/year initially before scaling up to 20,000 tonnes/year.
Additionally, VLT made a technological breakthrough with its proprietary, next-generation IES-300 DLE technology, achieving 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 and enhancing the project's economics.
With the global push towards clean energy solutions and the increasing demand for EVs, the need for lithium is expected to surge, driving up its value and demand, making VLT a stable investment with long-term production potential.
For more information, check out VLT's recently updated investor presentation: https://voltlithium.com/wp-content/uploads/2023/05/23-05-02-Volt-Lithium-April-Deck-FINAL2.pdf
Posted on behalf of Volt Lithium Corp.