Win-Win Situation
In this landscape, Volt Lithium (VLT.v VLTLF) stands out as a trailblazer in the sector with its focus on extracting lithium from oilfield brines, aligning perfectly with the interests of Chevron & Exxon Mobil
VLT's innovative IES-300 DLE technology boasts impressive capabilities, enabling lithium recoveries of 90% from concentrations as low as 34 mg/L as well as 97% recoveries using 120 mg/L concentrations, all while maintaining commercial viability.
Making significant strides toward implementing its DLE production method at its Rainbow Lake Property, VLT is on track to do so in the second half of 2024. Notably, the initial resource report has revealed a substantial lithium resource of 4.3 million tonnes with concentrations reaching up to 121 mg/L, providing a robust foundation for VLT as it prepares for the Rainbow Lake PEA to be released this summer.
Moreover, VLT strengthened its position in the lithium industry through its strategic collaboration with two cutting-edge nanotechnology labs. This partnership focuses on removing contaminants from oilfield brine to use in VLT's DLE technology, a milestone that accelerates the potential for domestic lithium production while offering a compelling opportunity for oil and gas operators. https://emergingmarketsconsulting.com/amplifying-north-american-lithium-production-07-17-2023/
By harnessing the power of nanotechnology, this collaboration presents a win-win situation for multiple stakeholders, adding value to existing oilfield operations and advancing VLT's efforts toward achieving commercially and economically viable lithium extraction.
Posted on behalf of Volt Lithium Corp.