TSXV:VLT - Post Discussion
Post by
MarketMakerss on Sep 18, 2023 4:33pm
Continued E3 DLE Progress Bodes Well for VLT
Continued progress at E3 Lithium's (ETL, 310M Market Cap) Field Pilot Plant testing its Direct Lithium Extraction (DLE) technology have attracted renewed interest in the sector, seemingly ushering in a "new era" for DLE-focused companies following the opening of its plant.
VLT has emerged as a "growing, pure-play lithium development and technology company, aiming to be North America's first commercial producer of lithium hydroxide and lithium carbonates from oilfield brine", additionally gaining prominence as a "life-changing" lithium find with its innovativeIES-300 DLE technology.
Designed to extract lithium from oilfield brines, VLT's DLE technology achieves an impressive lithium recovery rate of 90% from concentrations as low as 34 mg/L and remarkable 97% recoveries using 120 mg/L concentrations, all while maintaining commercial viability.
By removing contaminants from oilfield brine for use in their DLE technology, VLT can offer a compelling opportunity to oil and gas operators, presenting a win-win situation by adding value to existing oilfield operations.
VLT is on track to implement its DLE production method by the second half of 2024 at its Rainbow Lake Property which showcases a substantial lithium resource of 4.3 million tonnes with concentrations reaching up to 121mg/L. On track to release a PEA for Rainbow Lake this year, VLT is aiming to produce 1,000 tonnes of lithium hydroxide by the end of June 2025.=
Posted on behalf of Volt Lithium Corp.
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