Lithos Group Ltd. (LITS) has announced promising test results for its AcQUA™ pretreatment technology, designed for lithium brine extraction. The technology, verified through laboratory-scale testing, was developed to efficiently produce lithium without traditional evaporation ponds, offering a sustainable solution.
Lithos Group’s Innovative Brine Technology
The proprietary AcQUA™ technology of Lithos Group Ltd. (LITS) effectively removes magnesium, boric acid, calcium, and sulfates from brines in Chile’s Salar de Atacama. This method supports high-purity lithium production necessary for modern battery applications, using a non-chemical hybrid electropressure membrane process.
Environmental Benefits of AcQUA™
AcQUA™’s technology not only boosts lithium concentration but also optimizes water usage, addressing increasing sustainability demands in mining. The testing, conducted with SQM, a major global lithium producer, highlighted its capability to recycle up to 98% of brine water.
Market Impact and Analyst Perspective
Technical Analyst Clive Maund rates Lithos Group Ltd. (LITS) as an Immediate Strong Buy, noting the technology’s potential to enhance the company’s market stance. This breakthrough could mark a pivotal shift, potentially driving the stock to significant gains.
Future Prospects for Lithium Extraction
The demand for lithium is projected to grow, driven by the needs of electric vehicles and energy storage systems. Lithos Group Ltd. (LITS) is positioned to benefit from this trend by offering a sustainable extraction technology that meets rising environmental standards globally.
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