Demonstration plant

Demand Climbs as Global Lithium Market Size Expected to Reach $9.03 Billion in 2024

Retrieved on: 
Tuesday, April 2, 2024

A report from Grand View Research said that revenues will reach USD 9.03 billion in 2024 and the Increasing investments in EV manufacturing across the world are expected to positively influence the growth of the lithium market over the forecast period (2024 to 2030).

Key Points: 
  • A report from Grand View Research said that revenues will reach USD 9.03 billion in 2024 and the Increasing investments in EV manufacturing across the world are expected to positively influence the growth of the lithium market over the forecast period (2024 to 2030).
  • In 2018, Interior Department listed lithium as a critical mineral, which paced up the mine permitting process.
  • Grand View Research continued: “The market is characterized by a high degree of innovation to optimize both the manufacturing process, and also obtain high purity lithium.
  • Players have invested in R&D heavily to optimize the usage of lithium in high-growth end use segments such as electric vehicles.

Standard Lithium Installs Commercial DLE Column at Demonstration Plant

Retrieved on: 
Wednesday, March 13, 2024

EL DORADO, Ark., March 13, 2024 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium development company, is pleased to announce that it has successfully installed a commercial-scale Direct Lithium Extraction (“DLE”) column at its Demonstration Plant near El Dorado, Arkansas.

Key Points: 
  • EL DORADO, Ark., March 13, 2024 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium development company, is pleased to announce that it has successfully installed a commercial-scale Direct Lithium Extraction (“DLE”) column at its Demonstration Plant near El Dorado, Arkansas.
  • The column has been installed and integrated with the Company’s existing Demonstration Plant to test and derisk the design for commercial applications of the LiPRO™ LSS technology.
  • Standard Lithium’s Director, President & COO, Dr. Andy Robinson commented, “this is an important derisking milestone for Standard Lithium and our partners.
  • With the commercial-scale LSS column, we can continuously test real brine from the Smackover at a commercial level.”
    Figure 1 – Commercial-scale DLE column installed at Standard Lithium’s Demonstration Plant near El Dorado, Arkansas.

Volt Lithium Reduces Operating Costs By 64%, Achieving Operational Milestone

Retrieved on: 
Wednesday, February 21, 2024

4 Other operating costs include manpower, maintenance materials and external services.

Key Points: 
  • 4 Other operating costs include manpower, maintenance materials and external services.
  • This 90% lithium carbonate is a product that can be sold to existing third-party refiners for further processing into a 99.5% battery-grade lithium carbonate or lithium hydroxide.
  • A schematic outlining Volt’s proprietary DLE process and ultimate production of battery grade lithium carbonate is shown below.
  • Mr. Ashton and Ms. Klein consent to the inclusion of the data in the form and context in which it appears.

LiTHOS Validates AcQUA™ Pre-treatment Technology on Lithium Enriched Brines provided by Multi-National Customer

Retrieved on: 
Wednesday, February 7, 2024

Results validate nearly flawless impurity removal from Lithium Brines with AcQUA™ pre-treatment flowsheets using customer field brines.

Key Points: 
  • Results validate nearly flawless impurity removal from Lithium Brines with AcQUA™ pre-treatment flowsheets using customer field brines.
  • Results demonstrate superior Lithium recovery in comparison to its current competitors as well as traditional methods using evaporation ponds.
  • One of the promised value propositions to DLE technology is reinjection of lithium deficient bines.
  • Direct Lithium Extraction: A potential game changing technology Page 17, Exhibit 23: Magnesium ratio (Mg/Li) vs. SO4 ratio (SO4/Li); bubble size of contained lithium resource.

Volt Lithium Announces Successful Production of Battery-Grade Lithium Carbonate at the Company’s Permanent Demonstration Plant in Calgary, Alberta

Retrieved on: 
Wednesday, January 31, 2024

CALGARY, Alberta, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Volt Lithium Corp. (TSXV: VLT | OTCQB: VLTLF) ("Volt" or the "Company") is pleased to announce that the Company has successfully produced 99.5% battery-grade lithium carbonate, a commercial and saleable lithium product, in-house at Volt’s permanent Demonstration Plant in Calgary.

Key Points: 
  • CALGARY, Alberta, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Volt Lithium Corp. (TSXV: VLT | OTCQB: VLTLF) ("Volt" or the "Company") is pleased to announce that the Company has successfully produced 99.5% battery-grade lithium carbonate, a commercial and saleable lithium product, in-house at Volt’s permanent Demonstration Plant in Calgary.
  • The Company processed oilfield brine from the Keg River formation at its Rainbow Lake, Alberta asset to produce lithium carbonate with its proprietary and proven next-generation direct lithium extraction (“DLE”) technology.
  • This represents a significant milestone for Volt as the Company now has the capability to process oilfield brine and then refine its eluate into lithium carbonate that meets the specifications required to produce a saleable battery grade lithium carbonate or lithium hydroxide.
  • “I am thrilled to confirm that the Volt team continues to advance our DLE capabilities at our Demonstration Plant and showcased our ability to transform oilfield brine into a commercially saleable grade of lithium carbonate.

Volt Lithium Highlights Major 2023 Operational Milestones and Provides Outlook for 2024

Retrieved on: 
Thursday, January 25, 2024

CALGARY, Alberta, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Volt Lithium Corp. (TSXV: VLT) ("Volt" or the "Company") is pleased to profile the achievement of several significant milestones through 2023 and provide the Company’s outlook for 2024.

Key Points: 
  • CALGARY, Alberta, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Volt Lithium Corp. (TSXV: VLT) ("Volt" or the "Company") is pleased to profile the achievement of several significant milestones through 2023 and provide the Company’s outlook for 2024.
  • In conjunction, the Volt team is rapidly pursuing opportunities to apply the Company’s DLE technology to extract lithium from brines that have been produced from other basins across North America.
  • This positions Volt to cost-effectively process oilfield brines from multiple oil and gas reservoirs across North America and economically extract lithium, including from brines with low lithium concentrations under 50 mg/L.
  • The Collaborations provide Volt access to nanotechnology and water processing expertise which are critical for effective removal of contaminants from oilfield brine.

Euro Manganese Reports Fourth Quarter and Year-End 2023 Financial Results and Project Developments

Retrieved on: 
Thursday, December 14, 2023

VANCOUVER, British Columbia, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the "Company" or "EMN") is pleased to announce key developments during the fourth fiscal quarter 2023 and to date.

Key Points: 
  • VANCOUVER, British Columbia, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the "Company" or "EMN") is pleased to announce key developments during the fourth fiscal quarter 2023 and to date.
  • The Company has now filed its September 30, 2023 year-end Financial Statements, Management’s Discussion and Analysis, and other financial reports.
  • US$100 million non-dilutive funding package announced to advance development of the Chvaletice Manganese Project (the "Project"); US$20 million received on closing.
  • The Chvaletice Project received high-level inter-governmental support during the fourth calendar quarter by being named as a project under the Minerals Security Partnership.

Standard Lithium Provides Comprehensive Results of Its Fully Optimized and Proven DLE Process

Retrieved on: 
Monday, November 20, 2023

EL DORADO, Ark., Nov. 20, 2023 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium development company, today shared detailed performance results from its Direct Lithium Extraction (DLE) process at its Demonstration Plant (Plant) near El Dorado, Arkansas.

Key Points: 
  • EL DORADO, Ark., Nov. 20, 2023 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium development company, today shared detailed performance results from its Direct Lithium Extraction (DLE) process at its Demonstration Plant (Plant) near El Dorado, Arkansas.
  • Standard Lithium's Demonstration Plant is the only truly large-scale, continuously operating DLE plant in North America.
  • Both studies incorporate the LiPROTM LSS (DLE) process developed in collaboration with Koch Technology Solutions, LLC (“KTS”).
  • Lithium Recovery Efficiency: During a representative period of performance over July and August 2023, the LiPROTM LSS (DLE) process achieved an average lithium recovery of 96.1% from the continuous incoming brine flow.

Standard Lithium Provides Comprehensive Results of Its Fully Optimized and Proven DLE Process

Retrieved on: 
Monday, November 20, 2023

EL DORADO, Ark., Nov. 20, 2023 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium development company, today shared detailed performance results from its Direct Lithium Extraction (DLE) process at its Demonstration Plant (Plant) near El Dorado, Arkansas.

Key Points: 
  • EL DORADO, Ark., Nov. 20, 2023 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium development company, today shared detailed performance results from its Direct Lithium Extraction (DLE) process at its Demonstration Plant (Plant) near El Dorado, Arkansas.
  • Standard Lithium's Demonstration Plant is the only truly large-scale, continuously operating DLE plant in North America.
  • Both studies incorporate the LiPROTM LSS (DLE) process developed in collaboration with Koch Technology Solutions, LLC (“KTS”).
  • Lithium Recovery Efficiency: During a representative period of performance over July and August 2023, the LiPROTM LSS (DLE) process achieved an average lithium recovery of 96.1% from the continuous incoming brine flow.

Rare Element Resources Receives DOE Approval to Proceed with Construction of Rare Earth Processing and Separation Demonstration Plant

Retrieved on: 
Thursday, December 21, 2023

This approval, along with the DOE’s recent completion of its National Environmental Policy Act review, allows commencement of construction of the Demonstration Plant, located in Upton, Wyoming.

Key Points: 
  • This approval, along with the DOE’s recent completion of its National Environmental Policy Act review, allows commencement of construction of the Demonstration Plant, located in Upton, Wyoming.
  • The Company expects plant operations to commence in the third quarter of 2024, following the seven-to-10-month construction period.
  • The Demonstration Plant is expected to advance the Company’s proprietary processing and separation technology and generate the operational and economic data necessary for design of a commercial-scale plant.
  • Rare Element Resources Ltd. is a publicly traded, strategic materials company focused on delivering rare earth products for technology, energy, and defense applications by advancing the Bear Lodge Rare Earth Project in northeast Wyoming.