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Voltaic Minerals signs MOU for lithium brine extraction tests and marketing program

by Greg Klein | October 31, 2016

Moving forward with its Green Energy project, Voltaic Minerals TSXV:VLT plans to team up with Enertrex Corp to study lithium brine extraction and a possible global marketing program. Under an MOU announced October 31, Enertrex would determine whether its selective lithium process might be used commercially at the 1,683-hectare Utah property.

Voltaic Minerals signs MOU for lithium brine extraction tests and marketing program

The process “replaces solar evaporation and much of the traditional chemical treatment to remove impurities such as magnesium, calcium and boron,” Voltaic stated. “A key cost driver for a successful lithium project is managing the prohibitive cost of impurity removal from a solution.”

The first of three phases would test a synthetic mixture resembling historic results collected from the property. Should that prove successful, optimization of the process would follow, as well as testing other lithium brines and feed stocks. Phase III would call for construction and demonstration of a pilot unit to test the lithium-bearing solution and determine operating costs. This step would also test brine from other sources.

The companies expect each phase to take 90 days. Should all three phases prove successful, the partners will work together to commercialize the process, with Voltaic having exclusive rights to market the procedure.

Earlier this month Voltaic announced completion of a 3D model supporting historic evidence of a brine reservoir extending over 16 square kilometres.

The Green Energy project sits 30 kilometres from rail and power.

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