TSXV:VLT - Post Discussion
Post by
MarketMakerss on Oct 05, 2023 4:52pm
EV Bottleneck
Aiming to be North America's first commercial producer of lithium hydroxide and lithium carbonates from oilfield brine, Volt Lithium (VLT.v VLTLF, 40M Market Cap) has emerged as a high potential opportunity and "growing, pure-play lithium development and technology company " with its game-changing lithium discovery and innovative IES-300 DLE technology.
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.
Following the upcoming release of a PEA, VLT intends to implement its DLE production method at its Rainbow Lake Project by the second half of 2024, aiming to produce 1,000 tonnes of lithium hydroxide by the end of June 2025. Notably, VLT's Rainbow Lake Property showcases a substantial lithium resource of 4.3 million tonnes with concentrations reaching up to 121mg/L.
Aiming to be North America's first commercial producer of lithium hydroxide and lithium carbonates from oilfield brine, VLT offers a compelling opportunity to oil and gas operators by providing a win-win situation by adding value to existing oilfield operations.
Posted on behalf of Volt Lithium Corp.
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