Volt Lithium - DLE Field Unit Scale-Up, Operations Commencing Q3 2024; Goal To Become The Firth Lithium Producer From Oilfield Brines
Alex Wylie, President and CEO of Volt Lithium (TSX.V:VLT - OTCQB: VLTLF) joins me to provide a comprehensive update on the Company's scale up their Direct Lithium Extraction (DLE) field unit in partnership with an U.S. oil fields operator in the Permian Basin, West Texas. The discussion covers the company's progress, including achieving a production capacity of over 200,000 liters/day (1,250 barrels/day) with the goal of operations commencing by the end of Q3 2024.
Alex elaborates on their ambitious goal to become North America's first lithium producer from oilfield brine and details how they plan to leverage partnerships and modular units to scale operations cost-effectively. Key milestones, such as first lithium production in the field and future scalability, are also highlighted. Alex emphasizes the strategic importance of their partnerships, the potential to reduce operational costs, and plans for long-term growth.
Click here to visit the Volt Lithium website to learn more about the Company’s DLE technology.