Volt Lithium Corp (TSXV: VLT | OTCQB: VLTLF) recently achieved a groundbreaking milestone by successfully producing 99.5% battery-grade lithium carbonate in-house at its Demonstration Plant in Calgary. Through their innovative next-generation direct lithium extraction (DLE) technology, Volt has demonstrated their expertise in converting oilfield brine from the Keg River formation into high-quality lithium carbonate that meets industry specifications.
The significance of Volt’s achievement cannot be overstated. By refining oilfield brine into lithium carbonate entirely on-site, Volt has positioned itself as a low-cost operator in the lithium market. This strategic move is expected to considerably reduce production costs and enhance profit margins, making Volt a formidable player in the industry.
The potential benefits extend beyond Volt’s success. Oil and gas producers in North America can now extract value from produced water through Volt’s self-contained, cost-effective, and environmentally sustainable solution. This aligns with the increasing global demand for lithium and presents an exciting opportunity for collaboration between the lithium and oil industries.
Volt’s commitment to innovation and sustainability is exemplified by their Demonstration Plant. This facility allows them to simulate field operations and test brines from various locations across North America, demonstrating the broad utility of their DLE technology. With this capability, Volt can efficiently progress towards a commercially viable grade of lithium carbonate.
Volt’s proprietary DLE technology follows a meticulous three-stage process for lithium extraction. Through careful treatment and purification, up to 99% of contaminants in oilfield brine are removed in Stage One. In Stage Two, Volt’s DLE technology ensures up to 98% lithium extraction, resulting in the production of eluate. The eluate is then purified and refined in-house during Stage Three, yielding battery-grade lithium carbonate with a purity of up to 99.5%.
This achievement not only solidifies Volt Lithium’s position in the industry but also highlights their dedication to advancing sustainable lithium production technologies. By meeting stringent specifications for battery-grade lithium, Volt proves its reliability in the dynamic landscape of the lithium industry.
As global efforts focus on sustainable energy solutions, Volt’s success in battery-grade lithium production showcases the company’s potential to significantly contribute to the clean energy transition. With their innovative approach and operational efficiency, Volt Lithium emerges as a pivotal player in meeting the evolving demands of the lithium market.
Volt’s pioneering milestone in achieving in-house production of 99.5% battery-grade lithium carbonate sets the stage for a future where sustainable lithium production plays a crucial role in meeting the world’s growing energy needs.
The source of the article is from the blog tvbzorg.com