From Pilot to Production: Volt Lithium's Expansion Plans The lithium market is experiencing significant growth and demand as it plays a crucial role in various industries, including electric vehicles and renewable energy storage. In this dynamic landscape, Volt Lithium (Ticker: VLT.v or VLTLF for US investors) has adopted a transformative approach to lithium extraction by extracting lithium directly from oil field brines, achieving an impressive 90% lithium recovery rate in its latest pilot extraction program.
Volt's recently completed pilot project validated the commercial viability of their approach in a simulated commercial environment, bolstering their prospects for the future. With high lithium prices projected to yield substantial profit margins, Volt anticipates scaling up their production from 1,000 tonnes to an impressive 20,000 tonnes within a span of three years.
One key advantage for Volt Lithium Corp is their existing partnerships with oil field operations, which not only provides them with valuable resources but also has the potential to expedite regulatory processes and accelerate positive news events. This positions Volt Lithium as a potential market disruptor in one of the world's largest and most vital industries.
If you want to learn more about VLT and the lithium market, this article is a great place to start: https://emergingmarketsconsulting.com/emr-volt-a-revolution-inside-a-revolution-06-06-2023/ Posted on behalf of Volt Lithium Corp.