The potential emergence of a Battery-Powered Commodity Supercycle raises questions about the opportune timing for Volt Lithium (Ticker: VLT.v or VLTLF for US investors). During the pandemic, commodity prices reached a 50-year low relative to equity markets. Historical data suggests that these lows often coincide with the onset of supercycles.
Supercycles typically arise from strong demand for raw materials, manufactured goods, and energy sources. The transition towards green energy and Electric Vehicles in particular, has the potential to drive significant demand for essential components in renewable energy infrastructure, reaching unprecedented levels. Source: https://aheadoftheherd.com/all-signs-point-to-the-early-stages-of-a-new-commodity-supercycle-richard-mills/
Volt Lithium Corp. is strategically positioned to take advantage of the Green/EV Revolution. The company controls the expansive Rainbow Lake Lithium Project, covering an impressive 435,000 acres, which contains significant lithium reserves in oilfield brines with concentrations as high as 119 mg/L.
Volt Lithium Corp. is committed to creating value for its shareholders through its groundbreaking method of extracting lithium. As a pioneering company in North America, it aims to extract lithium from oilfield brines using its proprietary direct lithium extraction (DLE) process, specifically tailored for the unique characteristics of the brines found at the Rainbow Lake site. By employing this innovative approach, Volt seeks to play a crucial role in the lithium supply chain for electric vehicle batteries.
Recently, Volt has undergone significant changes, including a name change, new board member appointment, and management adjustments. These changes, along with the ongoing pilot project, will lead to the release of a resource report and pilot results in Q2 2023.
The company aims to become North America's first commercial producer of lithium from oilfield brine, with planned lithium production in 2024. Alex Wylie has been appointed as the new CEO, and Mr. Maury Dumba has joined the board of directors
Read all about these updates and more here: https://emergingmarketsconsulting.com/emr-volt-transformations-05-10-2023/ Posted on behalf of Volt Lithium Corp.