In light of the growing prevalence of climate-change related events like the ongoing heatwave, there is a widespread push among governments, organizations, and the general public to reduce reliance on fossil fuels. As a result, there has been a significant surge in the sales of electric vehicles (EVs), a trend that is projected to continue. One of the crucial components in EV batteries is lithium, making it a highly sought-after material.
To capitalize on the EV revolution, Volt Lithium Corp. (Ticker: VLT.v or VLTLF for US investors) is positioned advantageously. The company holds control over the extensive Rainbow Lake Lithium Project, spanning an impressive 435,000 acres. This project contains substantial lithium reserves in oilfield brines, with concentrations reaching as high as 119 mg/L.
With ambitions to become a trailblazing company in North America, Volt Lithium Corp. aims to extract lithium from oilfield brines and has developed a unique direct lithium extraction (DLE) process specifically designed for the brine characteristics found at the Rainbow Lake site. By leveraging this innovative approach, Volt Lithium Corp. seeks to play a pivotal role in the lithium supply chain for EV batteries.
Currently, VLT is actively engaged in a pilot production program aimed at demonstrating the efficiency and economic viability of its unique process within a simulated commercial environment. This program is expected to yield results next month.
Learn more about VLT and its Rainbow Lake Project here: https://voltlithium.com/projects-and-assets/ Posted on behalf of Volt Lithium Corp.