Overview
Volt Lithium Corp. is a lithium development and technology company aiming to be North America’s first commercial producer of lithium hydroxide and lithium carbonates from oilfield brine.
Unique Features
- ~430,000 acres of permitted land in Rainbow Lake, Alberta
- Robust lithium reservoir with an estimated 99.0 Billion Barrels of lithium infused brine with concentrations up to 121 mg/L
- Proprietary Direct Lithium Extraction (“DLE”) technology provides leading lithium recoveries of up to 90% with low costs
- Partnered with established oil & gas producer owning $100MM of infrastructure + already producing lithium-infused brine and chemical company partner has lithium extraction expertise
- Commercial production expected in second half of 2024
- Volt shares listed:
TSX-V: VLT| OTCQB: VLTLF | FSE: I2D
Our Strategy
Our strategy is to generate value for shareholders by leveraging management’s hydrocarbon experience and existing infrastructure to extract lithium deposits from existing wells, thereby reducing capital costs, lowering risks and supporting the world’s clean energy transition.
Milestones to Success
Lithium 101
Lithium-ion batteries are used in a wide range of applications, including electric vehicles, renewable energy storage systems, and portable electronic devices (smartphones and laptops).
The clean energy transition strains supply for lithium
- Highly Reactive
Highly reactive metal for power storage and regeneration in batteries - Efficient Metal
The lightest metal, with density half that of water, and a low melting and boiling point
Lithium hydroxide and lithium carbonate have different industrial uses based on their chemical properties
- Lithium hydroxide
Primarily used in the production of lithium-ion batteries, as well as in nuclear reactors, lubricants, and as a carbon dioxide absorbent in space capsules. - Lithium carbonate
A raw material used in the production of lithium-ion batteries, and also serves as a flux in the production of ceramics, glass, and aluminum.
Lithium demand is forecast to be 40x today's levels by 20302
- EV Battery Quota
‘Big auto’ plans to spend trillions of dollars in an effort to meet EV battery quota by 20301 - Robust Economic Outlook
Unmet supply for battery metals provides robust economic outlook and supports business model - Government Subsidies
Governments are spending billions on EV charging infrastructure and subsidies to incentivize consumers to switch to hybrids and EV’s (3)
Sources:
1: Reuters October 25, 2022
2: IEA
3: Ahead of the Herd
Lithium Demand vs. Supply
(2015 – 2030)
- Demand for lithium is rising as electric vehicles and renewable energy continue to gain ground.
- Market faces insufficient lithium supply to meet demand for expanding EV revolution.
- The most critical inputs in race to electrify the globe are lithium, copper and graphite.
Source: MineSpans; McKinsey lithium demand model.
Leadership Team
Alex Wylie
President, CEO & Director
Proven track record of founding and building successful high-growth resource-based businesses, bringing significant experience and relationships in the sector.
Morgan Tiernan
Chief Financial Officer
10+ years of tax and financial reporting experience for private and public entities. Holds a Diploma of Business, a Bachelor of Law and is a Chartered Accountant.
Board of Directors
Alex Wylie
President, CEO & Director
Proven track record of founding and building successful high-growth resource-based businesses, bringing significant experience and relationships in the sector.
Lt. General Andrew Leslie
Chair of the Board
Lt. General (ret’d) Honourable Andrew Leslie was a high-ranking Canadian Armed Forces Commander whose extensive US/Canada cross border relations experience will be a tremendous asset. With a diverse leadership background across military, business and government, he brings high integrity and strong corporate governance capabilities.
Warner Uhl
Director
Warner has more than 30 years’ experience as a senior mining professional. He has worked in executive management with mining, construction, and engineering companies to help bring resource projects from exploration, feasibility studies to operating facilities. Through his role at Worley, Warner has managed engineering, construction, and procurement of over $100 billion in capital projects and is well positioned to assist Volt in guiding the company into commercial production.
Marty Scase
Director
25+ years of experience in resource and land management with Camber Resource Services, Cabot Energy, and Grail Hydrocarbon Canada Ltd. Holds a Bachelor of Commerce in Petroleum Land Management.
Maury Dumba
Director
34+ years of oil and gas industry experience across North America. As an engineer, held executive leadership roles and management positions in Corporate Development and Marketing. Previous firms include Greene’s Energy Group, General Electric Oil & Gas and Schlumberger.
John McEwan
Advisory Board Member
30+ years of industry experience in technical services and research and development. Since 2012, has been Director, Technical Services, for Sterling Chemicals. Holds a Ph.D in Chemistry, University of Toronto.
Kyle Hookey
Director
10+ years experience in capital markets and leadership, with previous experience at Goldman Sachs, JBWere and Euroz Securities. Mr. Hookey is a Member of the CFA Institute.
