Volt Lithium Corp. (TSXV: VLT | OTCQB: VLTLF) announces a significant step forward, reducing DLE operating costs by 64%, a crucial achievement in commercializing its next-generation Direct Lithium Extraction technology.
Volt’s Progress in DLE Technology
Volt’s scientific and engineering teams have advanced the company’s proprietary DLE technology, cutting full-cycle operating costs at the Calgary Demonstration Plant. These improvements support the production of lithium carbonate with robust margins.
Operational Milestones
Through extensive DLE process enhancements, Volt records a 64% decrease in operating costs. This milestone underscores Volt’s path to becoming a leading low-cost lithium producer in North America.
Technical Advancements and Cost Efficiency
Continued innovation has enabled Volt to significantly enhance lithium extraction efficiency, achieving a 98% rate. This advancement contributes to the production of high-quality lithium carbonate, vital for battery-grade lithium.
Investment in Future Growth
Volt also granted 1,200,000 stock options to consultants, aligning interests with the company’s long-term success.
About Volt Lithium
As a pioneer in lithium extraction from oilfield brine, Volt is positioned to address the growing demand for lithium critically. The company utilizes proprietary DLE technology, aiming for the highest recoveries and lowest costs.
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