Highlighted in this Emerging Markets Report, Volt Lithium (VLT.v VLTLF) has significantly strengthened its position in the lithium industry through its strategic collaboration with two cutting-edge nanotechnology labs. This collaboration not only accelerates North American lithium production but additionally prioritizes environmentally conscious water management: https://emergingmarketsconsulting.com/amplifying-north-american-lithium-production-07-17-2023/
Considering the undeniable importance of lithium in the expanding Electric Vehicle industry, Volt Lithium (VLT) stands out as a trailblazer with its ground-breaking IES-300 DLE technology.
VLT's innovative DLE technology boasts remarkable capabilities, enabling impressive lithium recoveries of 90% from concentrations as low as 34 mg/L as well as 97% recoveries using 120mg/L concentrations, all while maintaining commercial viability.
This collaboration opens up immense opportunities for horizontal expansion, broadening the applications of VLT's DLE technology across North American oil fields; further positioning VLT to amplify the efficiency and adaptability of their proprietary technology.
By harnessing the power of nanotechnology, this collaboration focuses on the removal of contaminants from oilfield brine for use in VLT's DLE technology. This breakthrough marks a significant milestone for VLT in advancing its efforts to achieve commercially and economically viable lithium extraction.
It's worth noting that this partnership not only accelerates the potential for domestic production of lithium but additionally offers a compelling potential opportunity for oil and gas operators. By adding value to existing oilfield operations while offering a solution for responsible water management, this presents a win-win situation for multiple stakeholders.
VLT is making progress toward implementing this DLE production method at their Rainbow Lake Property, slated for the second half of 2024, following the release of a PEA this summer. The initial resource report at VLT's Property revealed a substantial lithium resource of 4.3 million tonnes with concentrations reaching up to 121mg/L, providing a robust foundation for VLT.
Posted on behalf of Volt Lithium Corp.