Unleashing the Power: Volt Lithium Expands U.S. Field Operations in Texas, Setting the Stage for Major Growth in 2025
Description:
Generation 4 Field Unit system scaled-up capacity to 2,500 barrels per day (480,000 litres per day) of lithium-infused oilfield brine represents one of industry’s largest operational direct lithium extraction (“DLE”) field units to date. Generation 5 Field Unit to be commissioned during January 2025 to process up to 10,000 barrels per day (1.9 million litres per day). Lithium recoveries of up to 98% achieved during field scale-up, with inlet brine concentrations as low as 25 mg/L.
CALGARY, Alberta, Dec. 18, 2024 (GLOBE NEWSWIRE) — Volt Lithium Corp. (TSXV: VLT | OTCQB: VLTLF)
Volt Lithium Corp. is pleased to announce the achievement of another pivotal milestone on the path to commercializing its proprietary and proven next-generation Direct Lithium Extraction (“DLE”) technology for processing oilfield brines. The Company has scaled-up its U.S. field operations to process over 2,500 barrels per day (“bbls/d”) (equivalent to 480,000 litres per day) from the Permian Basin in Texas.
With the successful scaling up of its operations, Volt Lithium Corp. is paving the way for significant growth in the lithium extraction industry in the coming years. The expansion in Texas signifies a major step forward in the company’s efforts to harness the power of lithium-infused oilfield brine through innovative extraction technologies.
This development not only showcases Volt Lithium Corp.’s commitment to advancing sustainable and efficient lithium extraction processes but also highlights the increasing importance of lithium as a key component in the production of batteries for electric vehicles, energy storage systems, and other renewable energy applications.
By achieving lithium recoveries of up to 98% with low brine concentrations, Volt Lithium Corp. is demonstrating its capability to extract lithium in a more environmentally friendly and cost-effective manner compared to traditional mining methods. The commissioning of the Generation 5 Field Unit in 2025 to process up to 10,000 barrels per day further solidifies the company’s position as a leader in the field of direct lithium extraction.
Impact on Individuals:
The expanded field operations of Volt Lithium Corp. in Texas could have a positive impact on individuals, especially those invested in the renewable energy sector. As the demand for lithium continues to rise due to its crucial role in battery technology, the company’s advancements in lithium extraction could lead to a more sustainable and reliable source of this essential mineral for the production of electric vehicles and energy storage systems.
Impact on the World:
On a global scale, Volt Lithium Corp.’s expansion of its U.S. field operations in Texas signifies a significant milestone in the field of direct lithium extraction. By increasing the capacity to process oilfield brines and achieving high lithium recoveries, the company is contributing to the development of cleaner and more efficient energy solutions for the future. This could have a far-reaching impact on the transition towards a more sustainable and environmentally conscious energy industry worldwide.
Conclusion:
In conclusion, the expansion of Volt Lithium Corp.’s U.S. field operations in Texas marks a pivotal moment in the advancement of direct lithium extraction technology. With the potential for major growth in 2025 and beyond, the company is poised to play a key role in meeting the increasing global demand for lithium in the renewable energy sector. By leveraging innovative extraction methods and scaling up its operations, Volt Lithium Corp. is setting the stage for a more sustainable and efficient approach to lithium production, which could have lasting benefits for both individuals and the world as a whole.
