As the global focus on electrification intensifies, the demand for lithium is on the rise. Volt Lithium Corp. (Ticker: VLT or VLTLF for US investors) is a trailblazer in the North American lithium sector, aiming to become the region's first commercial producer of lithium hydroxide and lithium carbonates extracted from oilfield brine.
Leveraging their innovative IES-300 DLE technology, Volt extracts lithium efficiently from low-grade brines, challenging the traditional "Grade is King" approach and supporting the clean energy transition.
With a strategic lithium production agreement with oil producer Cabot Energy, Volt utilizes its management's hydrocarbon expertise and existing infrastructure to efficiently extract lithium deposits from established wells, reducing capital costs and risks. Their proprietary extraction process involves two stages, removing 99% of contaminants from lithium-infused brine and extracting 93% of lithium, leading to reduced capital costs.
Volt has successfully transitioned from bench-scale testing to pilot production, achieving a remarkable lithium recovery rate of up to 90%. The company's seamless integration into existing oil and gas production infrastructure streamlines their operations, providing a competitive edge with minimal greenfield project approvals.
Their world-class lithium land base in Alberta's Rainbow Lake area offers significant opportunities for lithium extraction, with optimal concentrations being evaluated, reaching up to 121 mg/L. With ~435,000 acres of land and over 1,300 producing wells, Volt demonstrates the potential to become a leading domestic lithium producer.
https://emergingmarketsconsulting.com/volt-lithium/ Posted on behalf of Volt Lithium Corp.