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Update: Volt Lithium Gains 6% as Produces Battery-Grade Lithium Carbonate From Permian Basin Oilfield Brine
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Update: Volt Lithium Gains 6% as Produces Battery-Grade Lithium Carbonate From Permian Basin Oilfield Brine
Oct 23, 2024 9:20 AM

11:54 AM EDT, 10/23/2024 (MT Newswires) -- Volt Lithium ( VLTLF ) on Wednesday said began producing battery-grade lithium carbonate from its U.S. field operations in the Permian Basin in West Texas.

The company said it has built up an inventory of high-quality eluate that is being converted into a 99.5% battery-grade lithium carbonate. Samples of lithium carbonate have been created and verified via third-party testing for review for potential offtake partners.

The company intends to continue producing lithium chloride concentrate and technical-grade and battery-grade lithium carbonate in the field for the remainder of the year.

Volt's shares were last seen up $0.025 to $0.45 on the TSX Venture Exchange.

Price: 0.45, Change: +0.03, Percent Change: +7.14

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