Volt Lithium Corp VLTLF

"DLE Poised to Boost Production for Batteries"

[MarketMakerss]

Currently, the limiting factor in widespread electric vehicle production and adoption is our supply of lithium, however, Direct Lithium Extraction (DLE) is poised to change this landscape, by ramping up the production of lithium from brine. (Source: https://www.goldmansachs.com/intelligence/pages/direct-lithium-extraction-poised-to-boost-production-for-batteries.html)

DLE efficiently produces battery-grade lithium carbonate or hydroxide by pulling the brine directly into a processing unit to separate the lithium and inject the brine back underground. With the demand for EVs and lithium-ion batteries booming, the need for DLE technology is becoming clear.

Within this landscape, Volt Lithium (VLT.v VLTLF, 40M Market Cap) has emerged as a high potential opportunity in the industry and gaining prominence as a "life-changing" lithium find with its innovative IES-300 DLE technology.

VLT's DLE technology is engineered to extract lithium from oilfield brines and boasts an impressive lithium recovery rate of 90% from concentrations as low as 34 mg/L while maintaining commercial viability. Most notably, however, VLT's tech can achieve 97% recoveries using 120mg/L concentrations.

Following the release of a PEA later this year, VLT will be implementing its DLE production method at its Rainbow Lake Project by the second half of 2024 with the aim to produce 1,000 tonnes of lithium hydroxide by the end of June 2025. Notably, VLT's Rainbow Lake Property showcases a substantial lithium resource of 4.3 million tonnes with concentrations reaching up to 121mg/L.

Aiming to be North America's first commercial producer of lithium hydroxide and lithium carbonates from oilfield brine, VLT offers a compelling opportunity to oil and gas operators by providing a win-win situation by adding value to existing oilfield operations.

For more information, check out Michael Ballanger's piece on VLT that cites it as a "life-changing find": https://www.streetwisereports.com/article/2023/08/22/volt-lithium-a-life-changing-find.html

Posted on behalf of Volt Lithium Corp.