Innovative Development
With four differentiating pillars, Volt’s innovative approach to development positions us for commercialization.
Proprietary DLE Technology
Proprietary Direct Lithium Extraction (DLE) technology enables lithium extraction from oilfield brines, including from low lithium concentration levels
Delivers marketable lithium carbonate and lithium hydroxide monohydrate
Permian Basin Field Operations
Field unit operations planned in Q3 2024 in partnership with a major operator in the Permian Basin (Delaware Basin)
Approximately 19 million barrels of lithium infused water are produced every day in the basin
Ultra-Low Cost Structure
Reduced operating costs by 64% in Q1 2024, bringing all-in extraction costs below US$2,900 per tonne LCE
Ability to economically replicate model for oilfield producers in a variety of basins in Canada and the US
Field Simulation Centre
Simulates field operating conditions, processing brine at 9 gallons per minute
Testing brines from all over North America
Next Generation Lithium Extraction
Volt’s proprietary Direct Lithium Extraction (“DLE”) technology is focused on allowing the highest lithium recoveries with lowest costs. In-house capability to produce battery-grade lithium carbonate and lithium hydroxide monohydrate
The extraction process has three unique steps, building seamlessly into existing oil and gas production infrastructure.
Step 1
Brine
Treatment
Process removes up to 99% of contaminants from oilfield brine
Step 2
Proprietary DLE Technology
Field Simulation Centre achieving 99% lithium extraction rates from oilfield brine
Step 3
Lithium Concentration
Concentration and crystallization to battery-grade lithium carbonate or lithium hydroxide monohydrate
Market Ready Lithium
Field Simulation Centre
Producing lithium carbonate and lithium hydroxide monohydrate, and testing brines from across North America
- Applies Volt’s proprietary DLE process to extract lithium from oilfield brines
- Simulates field operating conditions, processing brine at 9 gallons per minute in pre-treatment stage
- Provides 99% lithium extraction rates
- Production of battery-grade lithium carbonate and lithium hydroxide monohydrate, both saleable products
- Enables testing of oilfield brines from across North America, regardless of lithium concentrations
Permian Basin Field Operations
Near term field unit operations in partnership with major operator in the Permian Basin (Delaware Basin)
Volt anticipates deploying the Company’s first field unit in Q3 2024. The project is in collaboration with a major Permian Basin operator based on their previously announced strategic investment of US$1.5 million, which is intended to be used to construct and deploy the field unit and for general corporate purposes.
The field unit is expected to produce battery-grade lithium carbonate and lithium hydroxide monohydrate.
Q3 2024
Anticipated Field Deployment
US$1.5 MM
Investment by Permian Basin operator
Lithium Carbonate & Lithium Hydroxide Monohydrate
In-house production
