LithiumBank Achieves Significant Milestone in Lithium Recovery

LithiumBank Resources Corp. (TSXV: LBNK) has reported a major accomplishment in lithium recovery using its Direct Lithium Extraction (DLE) pilot plant. The company successfully recovered over 98% of lithium from brine at its Calgary facility.

Pilot Plant Overview and Results

The pilot plant processes 10,000 liters of brine per day, with lithium sourced from four wells at the Boardwalk Lithium Brine Project in Alberta. The continuous Direct Lithium Extraction (cDLE®) technology allowed for efficient processing, achieving a consistent recovery rate of 98-99%.

Technology and Process Details

LithiumBank’s DLE process involved running 40,000 liters of brine through the cDLE® system over 4.5 days. This process uses a patented method from Go2Lithium Inc., focusing on selective lithium absorption and continuous brine flow in opposite directions to the ion exchange sorbent.

Impact and Future Plans

Executive Chairman Paul Matysek emphasized that this achievement is crucial for LithiumBank’s goal to produce battery-grade lithium efficiently. The successful pilot plant operation aligns with bench-scale test results and the company’s 2024 Preliminary Economic Assessment for Boardwalk.

Key Insights and Next Steps

As testing progresses, the focus will shift to the desorption stage, where lithium is stripped from the IX sorbent. These results are essential milestones in the company’s journey to unlock further value from its lithium assets.

LithiumBank’s ongoing projects include future exploration and testing at their Park Place project. The company aims to expand its capabilities and leverage its DLE processes for further advancements in lithium recovery.

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