"Chasing Down a Winner" Positioned at the forefront of lithium extraction industry due to its combined ownership of world-class assets alongside its developed world-class technology, VLT's innovative IES-300 DLE technology has the ability to achieve significant lithium recoveries of 90% from concentrations as low as 34 mg/L as well as 97% recoveries using 120mg/L concentrations while maintaining commercial economics.
Exhibiting superior economics in comparison to other lithium brine developers, VLT leverages its cutting-edge extraction technology to yield high lithium recoveries at lower costs, positioning them as a key player poised to make a significant impact in the lithium extraction sector.
Plus, with a unique modular scaling ability, VLT's technology has the potential to increase production from 1000 tons by 2024 to 20,000 tons per year from 2026 onwards.
Despite VLT's stock price is currently "disconnected" from its market potential, VLT is on track to implement their DLE production method at its Rainbow Lake Property in the second half of 2024. With the initial resource report at VLT's Property revealed a substantial lithium resource of 4.3 million tonnes with concentrations reaching up to 121mg/L, this project has a robust foundation for the PEA which is expected to be released later this summer.
For more information, VLT CEO Alex Wylie was recently interviewed by Departures Capital, regarding their unique position in the lithium extraction industry, highlighting VLT's competitive operational expenses, infrastructure scalability and potential for expansion:
https://youtu.be/z6j8EDicR60
Posted on behalf of Volt Lithium Corp.