TSXV:VLT - Post Discussion
Post by
MarketMakerss on Sep 22, 2023 2:28pm
VLT's Position in the Lithium Market with DLE Tech
Aiming to be North America's first commercial producer of lithium hydroxide and lithium carbonates from oilfield brine, VLT is a "growing, pure-play lithium development and technology company " having gained prominence as a "life-changing" lithium find with its innovative IES-300 DLE technology.
With E3 Lithium's (ETL, 310M Market Cap) steady and continued progress at its Field Pilot Plant, the DLE sector is growing and experiencing renewed interest, fostering a strong market for VLT to be positioned in.
VLT's DLE technology is engineered to extract lithium from oilfield brines and 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.
In removing contaminants from oilfield brine for use in their DLE technology, VLT offers a compelling opportunity to oil and gas operators, by providing a win-win situation through adding value to existing oilfield operations.
Furthermore, VLT's Rainbow Lake Property showcases a substantial lithium resource of 4.3 million tonnes with concentrations reaching up to 121mg/L. On track to implement its DLE production method by the second half of 2024 following a PEA later 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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