Volt Lithium's Strategic Expansion into North Dakota's Bakken Region
Key Ideas
- Volt Lithium is set to commission a mobile Direct Lithium Extraction unit in North Dakota's Bakken region, with a focus on lithium extraction from oilfield brines.
- The company's proprietary technology allows for efficient extraction of lithium from various brine chemistries, showcasing potential for high annual production of Lithium Carbonate Equivalent.
- By partnering with existing salt-water disposal operators, Volt reduces capital and operating costs while accelerating the path to production in the Permian and Bakken basins.
- Volt's expansion into the Bakken region demonstrates the adaptability and scalability of their modular DLE process, positioning them as leaders in North American lithium extraction.
Volt Lithium Corp., soon to be LibertyStream Infrastructure Partners Inc., is gearing up to deploy a mobile Direct Lithium Extraction unit in North Dakota's Bakken region. This initiative, in partnership with Wellspring Hydro, is supported by funding from the North Dakota Industrial Commission. The company's proprietary technology is capable of adapting to various brine chemistries, with potential annual production of up to 50,000 tonnes of Lithium Carbonate Equivalent in the Bakken. By leveraging existing infrastructure in oilfields, Volt aims to reduce costs and enhance project economics. Their success in the Permian Basin and upcoming deployment in the Bakken showcase the versatility of their DLE process. With a strategic focus on North American lithium leadership, Volt is strategically positioned in key oil-producing basins, offering significant opportunities for lithium extraction from produced water volumes. Their commercial readiness, market engagement, and operational milestones highlight their rapid growth and scalability in the industry. Volt's innovative approach and high-level stakeholder engagement signal a positive outlook for the company's expansion and leadership in the lithium extraction sector.
Topics
Production
Strategic Partnerships
Lithium Extraction
Market Engagement
Commercial Readiness
Operational Milestones
Oilfield Infrastructure
US Oil Production
North American Basins
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