With the increasing demand for electric vehicles (EVs), efficient lithium extraction has become essential. Volt Lithium (Ticker: VLT.v or VLTLF for US investors) stands out in the industry due to its innovative approach and proprietary technology, enabling high lithium recoveries at lower costs. With the onshoring of North American manufacturing and the global demand driven by the EV revolution, Volt is well-prepared to meet the growing lithium demand and rapidly expand its operations.
What sets Volt apart is its disruptive technology and unique "briner" position, distinguishing it from traditional mining companies. Rather than mining for lithium, Volt is collaborating with an existing oil field operator to extract lithium from oilfield brines.
Volt employs a two-step Direct Lithium Extraction process, which involves treating oilfield brine to remove contaminants and utilizing their IES-300 technology to extract lithium. This process significantly reduces the need for reagents, resulting in substantial cost savings. In a recent pilot project, Volt achieved remarkable lithium recoveries of up to 97% and operating costs below CAD$4,000 per tonne.
Volt's DLE technology is modular and easily integrated into existing infrastructure, offering unparalleled scalability compared to traditional mining methods. This positions Volt as a pioneering force in the lithium extraction sector, contributing to the growth of the EV market and promoting domestic sourcing of lithium in Canada.
To learn more about Volt and its unique extraction method, visit: https://emergingmarketsconsulting.com/volt-emr-the-revolutionary-impact-of-direct-lithium-extraction-on-the-burgeoning-ev-market-06-21-2023/ Posted on behalf of Volt Lithium Corp.