Yesterday, April 29th, Volt Lithium (TSX.V:VLT - OTCQB:VLTLF) announced a strategic investment from an oil field operator in the Delaware Basin, for a total US$1.5million. The key to this news is Volt now moving forward with a "field unit that will produce lithium hydroxide monohydrate using Volt’s proprietary direct lithium extraction (“DLE”) technology"
Alex Wylie, President and CEO of Volt Lithium joins me to discuss the field unit and potential operational data when in use. Alex outline how this first field unit is more of a stepping stone to grow larger units. The data produced from this initial field unit can be send to EV makers to generate off take agreements as the units and production grows.
If you have any follow up questions for Alex please email me at Fleck@kereport.com.
Click here to visit the Volt website and read over the recent news.
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