New article on VLT.v As the demand for electric vehicles (EVs) continues to surge, the need for efficient lithium extraction becomes crucial. Volt Lithium (Ticker: VLT.v or VLTLF for US investors) innovative approach and proprietary technology allow for high lithium recoveries at lower costs.
As explained in the article below, VLT employs a two-step extraction process, treating oilfield brine to remove contaminants and extracting lithium using their IES-300 technology.
Read here: https://emergingmarketsconsulting.com/volt-emr-the-revolutionary-impact-of-direct-lithium-extraction-on-the-burgeoning-ev-market-06-21-2023/
This process significantly reduces the amount of reagent required, resulting in substantial cost savings. In a recent pilot project, Volt achieved impressive lithium recoveries of up to 97% and operating costs below CAD$4,000 per tonne.
The article highlights that Volt's disruptive technology and unique position as a "briner" rather than a traditional miner set them apart in the industry. Their collaboration with existing oil field operators enables swift and cost-effective production. With North American manufacturing onshoring and the EV revolution driving global demand, Volt is well-positioned to meet the growing lithium demand and scale its operations rapidly.
The modular nature of Volt's DLE technology allows for easy integration into existing infrastructure, offering unprecedented scalability compared to traditional mining methods. This positions Volt as a vanguard in the lithium extraction sector, contributing to the growth of the EV market and promoting Canadian domestic sourcing of lithium. Their contributions may play a pivotal role in ensuring a sustainable and economically viable transition to electric vehicles.
Learn more at Volt's website here: https://voltlithium.com/ Posted on behalf of Volt Lithium Corp.