Volt Lithium Corp V.VLT

"Can we meet tomorrow's lithium demand?"

[MarketMakerss]

Can we meet tomorrow's lithium demand? Despite the recent surge in Chinese lithium supply forcing lithium prices to a bottom, meeting demand for the lithium needed to power the 350 million EVs expected to be sold globally by 2030 is set to be a challenge. (Source: https://elements.visualcapitalist.com/the-lithium-rush-can-we-meet-tomorrows-lithium-demand/)

 

Direct Lithium Extraction, a revolutionary new way of producing lithium, has emerged as a game-changing opportunity due to its ability to double production while reducing environmental damage. With this, DLE has gained significant industry attention, including from ExxonMobil and other oil and gas companies announcing their interest in and shift into lithium production.

 

In developing high-return lithium from oilfield brine, Volt Lithium (VLT.v VLTLF) has made a name for itself in the industry with "one of the most ingenious innovations" having "discovered that numerous oil fields across north America are already producing lithium".

 

VLT developed its proprietary Direct Lithium Extraction (DLE) technology, enabling the production of lithium out of oilfield brine and “spearheading the technology and achieving over 90% extraction recoveries with brine of 34 parts per million concentration, while also removing contaminants from oilfield brine in the process.”

 

Having recently expanded its capabilities beyond its flagship Rainbow Lake Lithium Project with the permanent demonstration plant, VLT has opened up a vast market opportunity, enabling the use of its DLE tech to extract lithium regardless of the brine's original lithium concentrations.

 

In 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.

 

For more information, check out "The New Era of Mining" featuring VLT CEO Alex Wylie: https://www.newsweek.com/new-era-mining-1844683

 

Posted on behalf of Volt Lithium Corp.