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Lithos Group Ltd N.LITS

Alternate Symbol(s):  LITSF

Lithos Group Ltd., formerly Lithos Energy Ltd., is engaged in delivering sustainable lithium. The Company offers AcQUA, which is a patent-pending technology that spans the complete value chain from the conditioning and pre-treatment of raw brines through the direct lithium extraction (DLE) phase into the polishing and purification of battery grade lithium feedstock. The Company has two processing facilities: a 4,000 square feet (sq ft) lab in Denver, Colorado and a 55,000 sq ft complex in Bessemer, Alabama. The Company is engaged in a contract with multiple strategic mineral resource owners and processing brines from the Salars in Chile and Argentina, and the Smackover reservoir in the Southeastern United States. The Company’s wholly owned subsidiary is Aqueous Resources LLC.


NEO:LITS - Post by User

Post by graphiteon Jul 31, 2023 12:16pm
197 Views
Post# 35564930

DD brought me positivity for AMS ( Big Time) !

DD brought me positivity for AMS ( Big Time) !

1) SQM is testing various DLE technologies at their Atacama JV in Chile. SQM plans to spend $1.5 billion on DLE and related projects and is working with regulators to get approval.
Thats excellent news for all of us!
I also found out some information that AMS and their partners are working as we speak with different company's like 

Sociedad Quimica y Minera S.A. (NYSE:SQM).
 

This what I found positive on their involvement with company companies in production and going into production.

Highlights
- Aqueous Resources LLC (AR) incorporated May 18th, 2022
- Signed office / lab lease agreement in November 2022 - 8200 E Pacific Place, Unit 103, Denver
     
     - Signed agreement with Dr. Christopher A Green as CTO in December 2022
- Secured strategic investment agreement with Lithos Technology LLC in December 2022
- Patent US-2023-0014044-A1 published by USPTO January 19, 2023
- Met with CEO of Lithium Americas, CTO of Abermarle and COO of Lake Resources in February 2023
- Engaged with first 7 target customers: Galvanic, 3PL, Lithium Americas, Mission Creek, SQM, Abermarle, Lake Resources
- Commissioned pilot processing facility in May 2023 - ready to receive sample brines for processing and testing in June
- Scheduled on premises visits for SQM, Galvanic, Mission Creek in June and July
- Scheduled meetings with support of US trade commission with the CFO's of Abermarle and SQM in August
- Scheduled keynote address at global lithium congress in Salta, Argentina in August
Key focus for AR this summer is to start processing lithium enriched brines from three target customers in our Denver facility, and to demonstrate quantitative results superior to existing DLE processes and technologies. AR will be expanding its core technical team, and plan to recruit a top-notch Process Engineer with membrane and electrochemistry experience over the next two months.

All good source of information!!!
 

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