Volt Lithium Corp VLTLF

VLT attending Two Upcoming Investor Conferences in October

[MarketMakerss]

"For nearly 150 years, brine from oil and gas drilling has long been considered a nuisance for operators. But the tides are turning thanks to the electric vehicle (EV) revolution, which could transform billions of barrels of salty wastewater into wealth."

(Source: https://finance.yahoo.com/news/big-oil-turning-wastewater-wealth-182915948.html)

As lithium is heading toward a significant shortfall in supply due to the exponential demand that EV production has created, major oil and gas companies including Exxon Mobil and Chevron, are disclosing their interest in pilot projects designed to extract lithium from brine.

With this, Direct Lithium Extraction (DLE) has gained prominence as an alternative way to provide "abundant, low-cost lithium" for this energy transition with one company in particular, Volt Lithium (VLT.v VLTLF, 40M Market Cap), making a name for itself with its game-changing lithium discovery and innovative IES-300 DLE technology.

For more information, VLT's President and CEO, Alex Wylie, will be presenting at two different investor conferences this month including the Schachter Catch the Energy Conference on October 14th, and the Lytham Partners’ Fall 2023 Investor Conference on October 17th: https://voltlithium.com/wp-content/uploads/2023/10/23-10-11-Schachter-Lytham-Announcement-FINAL.pdf

Aiming to be North America's first commercial producer of lithium hydroxide and lithium carbonates from oilfield brine, VLT is a "growing, pure-play lithium development and technology company".

Engineered to extract lithium from oilfield brines, VLT's DLE technology 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.

With a PEA upcoming, VLT plans to implement its DLE production method by the second half of 2024 at its Rainbow Lake Property. Showcases a substantial lithium resource of 4.3 million tonnes with concentrations reaching up to 121mg/L, VLT is aiming to produce 1,000 tonnes of lithium hydroxide by the end of June 2025.

Offering a compelling opportunity to oil and gas operators by providing a win-win situation by adding value to existing oilfield operations, VLT is on track to become a leading player in the DLE sector.

Posted on behalf of Volt Lithium Corp.