VLT Investors' Presentation Replay With a focus on technology and extraction methods, Volt Lithium (ticker: VLT.v or VLTLF for US investors) recognizes the critical role these factors play in successful lithium production. In a recent EPG webinar hosted by Volt Lithium Corp on May 24, 2023, the company's CEO shed light on the company and its goal of being the first company in North America to produce lithium from oilfield brines.
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As explained in the webinar, Volt Lithium has made significant progress in developing its proprietary lithium extraction process., transitioning from successful lab testing to bench-scale operations. In a recent pilot production program, Volt was able to simulate commercial operations and achieve remarkable extraction results on a larger scale.
The pilot results showcased extraction efficiencies of up to 90% from oilfield brines. Notably, Volt achieved these results even with concentrations as low as 34 milligrams per liter. This remarkable achievement highlights the company's ability to extract lithium economically, even from oil fields with lower concentrations.
With a reservoir boasting an impressive 4.3 million tons of lithium, equivalent to over a century of production, and concentrations reaching up to 121 milligrams per liter, Volt Lithium possesses a substantial resource base.
Volt adopts a steadfast commitment to cost efficiency rather than being overly reliant on lithium price fluctuations. Their projected production costs of under $4,000 per ton demonstrate a solid foundation for profitability, irrespective of market conditions.
Looking ahead, Volt Lithium is eager to analyze their achievements and present them in a preliminary economic assessment, providing investors with a comprehensive understanding of the company's prospects.
To learn more about Volt Lithium Corp and their visionary approach to lithium production, visit their website at https://voltlithium.com/. Posted on behalf of Volt Lithium Corp.