- Allied Copper (CPR) has achieved 93-per-cent lithium recoveries from its proprietary direct lithium extraction (DLE) technology
- Subsidiary Volt Lithium oversaw the bench-scale extraction, which also achieved the removal of 99 per cent of contaminants from the initial oilfield brine
- A pilot project in Q1 2023 aims to process up to 250,000 litres of oilfield brine into lithium chloride on the road to commercial production
- Allied Copper is a growth-oriented mineral exploration company focused on battery metals
- Allied Copper (CPR) is up by 41.94 per cent, trading at $0.22 per share
Allied Copper (CPR) has achieved 93-per-cent lithium recoveries from its proprietary DLE technology.
Subsidiary Volt Lithium employed the extraction technology, known as IES-200, in conjunction with Allied’s proprietary oilfield brine treatment system to remove 99 per cent of contaminants on a bench-scale basis, thus ensuring the high-purity levels required for salable lithium.
The initial lithium chloride solution is then upgraded to lithium hydroxide, an essential raw material for electric vehicle batteries.
The independently verified results will facilitate a pilot program in Q1 2023 and subsequent upscaling for commercial production.
In the pilot’s initial stages, Volt intends to process up to 250,000 litres of oilfield brine into lithium chloride using IES-200.
Volt has signed an agreement with its equipment supplier to treat and extract lithium from oilfield brine produced at its Rainbow Lake property in Alberta.
To advance the utility and scale of IES-200, Volt signed a technical services agreement with Sterling Chemicals, an oilfield chemical technology company, in early 2022.
“These independently verified results provide Volt with the confidence we were seeking to commence pilot production by the end of the first quarter of 2023 and accelerate the development of our Rainbow Lake assets in Alberta,” stated Alex Wylie, President of Allied and Founder of Volt.
Allied Copper is a growth-oriented mineral exploration company focused on battery metals.
Allied Copper (CPR) is up by 41.94 per cent, trading at $0.22 per share as of 2:38 pm EST.