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Volt Lithium reduces DLE operating costs by 64%

Published by , Editorial Assistant
Global Mining Review,

Volt Lithium Corp. has announced the achievement of another milestone on the path to commercialising its proprietary and proven next-generation Direct Lithium Extraction technology for processing oilfield brines at the company’s permanent Demonstration Plant in Calgary.

As a result of continued DLE technology process improvements, led by Volt’s scientific and engineering teams, the company has achieved a 64% reduction in full-cycle DLE operating costs to process brine from its Rainbow Lake, Alberta project at Volt’s Demonstration Plant. This reduction builds on the company’s past success streamlining the DLE process and driving down costs in order to support robust margins for Volt’s production of lithium carbonate, even within a volatile price environment for lithium.

“Volt is well on our way to become the low-cost commercial producer of battery-grade lithium from oilfield brines in North America,” commented Alex Wylie, Volt’s President and CEO. “The Volt engineering and technical teams continue to improve operational processes for our proprietary DLE technology that we believe will truly drive commercial success for the company. As demand for high-quality lithium continues to grow, Volt’s latest achievement positions us to help meet the world’s expanding need for this critical mineral, and to do so in an environmentally sustainable and lower-impact manner.”

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Lithium mining news Canadian mining news