CleanTech Lithium signs MoU with SunResin
Published by Jessica Casey,
Editor
Global Mining Review,
vCleanTech Lithium PLC, an exploration and development company advancing the next generation of sustainable lithium projects in Chile, has entered into a memorandum of understanding (MoU) with leading Direct Lithium Extraction (DLE) company SunResin New Materials Co. Ltd, for the further development of the company’s projects.
SunResin, a Chinese company listed on the Shenzhen Stock Exchangewith a market value of around US$4 billion, will work with the company and its DLE technical partner, Beyond Lithium, on the planned pilot scale production tests on Laguna Verde brine. Both parties will further look to negotiate commercial terms which would allow the company to fast-track development of its projects to deliver battery grade lithium to the international market using SunResin’s modular DLE plants.
Highlights
- SunResin has over 10 years of experience in DLE, having executednine commercial DLE contracts representing a total capacity of 73 000 tpy of lithium.
- SunResin’s DLE technology has high recoveries with low costs and expedited processing times.
- The company, working with Beyond Lithium, has developed its own proprietary DLE adsorption process, and will now work with SunResin and Beyond Lithium on pilot scale production.
- SunResin provides pilot scale units which can be deployed to site with a view to commencing pilot scale production at Laguna Verde by early 2023,
- The objective of the piloting is to demonstrate the potential for a first phase 10 000 tpy commercial scale production being planned at each of the company’s projects.
- The company and SunResin will also look to negotiate commercial terms towards the construction, commissioning and operation of a commercial scale DLE plant.
- SunResin recently demonstrated its ability to deliver by announcing the shipment from China of 10 000 t of modular DLE units for a 25 000 tpy lithium production plant (Phase 1) for a project in Argentina – just five months after the contract was signed in February 2022. Production is due to start at the site in 1H23.
Aldo Boitano, CEO of CleanTech Lithium PLC, said: “We are very pleased and excited to have entered into this MoU with SunResin, the world leader in deploying commercial scale DLE plants. With their hands-on experience in implementing DLE projects, their support for CleanTech Lithium on our pilot scale production will be invaluable. We aim to bring our projects into production at the earliest opportunity and I believe that our new relationship with SunResin will help tremendously in this regard.”
Read the article online at: https://www.globalminingreview.com/finance-business/24082022/cleantech-lithium-signs-mou-with-sunresin/
You might also like
Maaden signs Fleet Space & Tahreez JV for multi-year exploration contract
Fleet Space Technologies has signed a landmark, multi-year exploration contract with Maaden to explore the company’s priority projects across the Arabian Shield.
