LHM

VOLT LITHIUM ANNOUNCES PRELIMINARY ECONOMIC ASSESSMENT AT RAINBOW LAKE PROJECT IN ALBERTA, HIGHLIGHTED BY 45% IRR AND US$1.5 BILLION BEFORE-TAX NPV8

Retrieved on: 
Thursday, December 14, 2023

“We are very pleased with the results of the PEA” commented Alex Wylie, President & CEO of Volt.

Key Points: 
  • “We are very pleased with the results of the PEA” commented Alex Wylie, President & CEO of Volt.
  • Volt is a lithium brine exploration and development company focused on advancing its Rainbow Lake Project in northern Alberta, Canada.
  • The Rainbow Lake Project is based on a LHM plant with an assumed 19-year production life.
  • Using this price assumption, the Rainbow Lake Project generates a positive NPV8 of $1.5 billion pre-tax and $1.1 billion after-tax.

Volt Lithium Announces Preliminary Economic Assessment at Rainbow Lake Project in Alberta, Highlighted by 45% IRR and US$1.5 Billion Before-Tax NPV8

Retrieved on: 
Thursday, December 14, 2023

“We are very pleased with the results of the PEA” commented Alex Wylie, President & CEO of Volt.

Key Points: 
  • “We are very pleased with the results of the PEA” commented Alex Wylie, President & CEO of Volt.
  • Volt is a lithium brine exploration and development company focused on advancing its Rainbow Lake Project in northern Alberta, Canada.
  • The Rainbow Lake Project is based on a LHM plant with an assumed 19-year production life.
  • Using this price assumption, the Rainbow Lake Project generates a positive NPV8 of $1.5 billion pre-tax and $1.1 billion after-tax.

Standard Lithium Reports Fiscal First Quarter 2024 Results

Retrieved on: 
Friday, November 10, 2023

VANCOUVER, British Columbia, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium company, today announced its financial and operating results for the fiscal first quarter 2024 ended September 30, 2023.

Key Points: 
  • VANCOUVER, British Columbia, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium company, today announced its financial and operating results for the fiscal first quarter 2024 ended September 30, 2023.
  • “This quarter has marked a pivotal advancement in our journey towards establishing a new benchmark for scalable and sustainable lithium production in the United States.
  • The costs associated with the drilling program, in addition to the delivery of the DFS and PFS, accounted for our major expenditures this quarter.
  • Mr. Gamoudi’s financial acumen and strategic insight are poised to play a critical role in Standard Lithium’s journey toward commercialization and operational excellence.

Grounded Lithium Reports Third Quarter 2023 Financial and Operating Results

Retrieved on: 
Wednesday, November 22, 2023

CALGARY, AB, Nov. 22, 2023 /PRNewswire/ - (TSXV: GRD) (OTCQB: GRDAF) - Grounded Lithium Corp. ("GLC" or the "Company") announces our financial and operating results for the three month period and nine month period ended September 30, 2023.

Key Points: 
  • CALGARY, AB, Nov. 22, 2023 /PRNewswire/ - (TSXV: GRD) (OTCQB: GRDAF) - Grounded Lithium Corp. ("GLC" or the "Company") announces our financial and operating results for the three month period and nine month period ended September 30, 2023.
  • Selected financial and operational information is set out below and should be read in conjunction with the Company's September 30, 2023 financial statements and the related management's discussion and analysis, which are available for review at www.sedarplus.ca or the Company's website at www.groundedlithium.com .
  • On July 26, 2023, the Company announced the economic results of our maiden preliminary economic assessment ("PEA").
  • These results represent arguably top decile results for a lithium from brine operation on a per tonne basis.

EQS-News: Reduced CAPEX for Zero Carbon Lithium™ Project: Bridging Study

Retrieved on: 
Thursday, December 14, 2023

Reduced CAPEX for Zero Carbon Lithium™ Project: Bridging Study

Key Points: 
  • Reduced CAPEX for Zero Carbon Lithium™ Project: Bridging Study
    The issuer is solely responsible for the content of this announcement.
  • Reduced CAPEX for Zero Carbon Lithium™ Project:
    First integrated renewable geothermal energy, and lithium hydroxide producer with net zero greenhouse gas emissions.
  • Securing Europe’s lithium supply chain
    Vulcan Energy Resources Limited (Vulcan; ASX: VUL, FSE: VUL, the Company) is pleased to announce the results of its Bridging Engineering Study for Phase One of Vulcan’s Zero Carbon Lithium™ Project.
  • REDUCED RISK: Streamlining into one core production area that is already commercially producing brine, with increased lithium reserves.

Grounded Lithium Upgrades 1.0 Million Tonnes of LCE to Measured & Indicated

Retrieved on: 
Tuesday, October 24, 2023

This upgrade further confirms the overall 4.2 million tonnes of LCE across the KLP.

Key Points: 
  • This upgrade further confirms the overall 4.2 million tonnes of LCE across the KLP.
  • This outcome supports our confidence in our original analysis and mapping, together with the quality of the resource.
  • The Measured portion of the resource is 516,000 tonnes LCE or 586,000 tonnes lithium hydroxide monohydrate ("LHM").
  • The Indicated portion of the resource is 463,000 tonnes LCE or 526,000 tonnes LHM.

Physics-Powered GenAI Biotech Gero Raises $6M to Find Root Causes of Aging and Age-Related Diseases

Retrieved on: 
Wednesday, October 18, 2023

Gero , a biotechnology company focused on aging and chronic diseases, has closed $6M in a Series A extension round.

Key Points: 
  • Gero , a biotechnology company focused on aging and chronic diseases, has closed $6M in a Series A extension round.
  • By applying cutting-edge generative AI tools to analyze real-world longitudinal human health data, Gero is dedicated to finding novel cures for age-related diseases.
  • Its goal is to unravel the mysteries behind human aging and halt the aging process.
  • Gero’s approach allows separating the effects of aging from the effects of diseases enabling human genetics-driven target discovery for chronic and age-related diseases.

Standard Lithium Reports 2023 Full Year and Fourth Quarter Results

Retrieved on: 
Friday, September 22, 2023

VANCOUVER, British Columbia, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium company, announces its financial and operating results for the fiscal fourth quarter and year ended June 30, 2023.

Key Points: 
  • VANCOUVER, British Columbia, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium company, announces its financial and operating results for the fiscal fourth quarter and year ended June 30, 2023.
  • “As we conclude fiscal year 2023, we take pride in our achievements,” said Robert Mintak CEO of Standard Lithium.
  • “Recent media reports have highlighted the interest of global energy companies' in lithium, specifically brine resources, and the Smackover Formation as their preferred resource, validating our work.
  • Our engagement with global OEMs, battery companies, and strategic parties has accelerated, underscoring the growing demand for ethically sourced lithium.

Stellantis Invests in CTR to Strengthen Low Emissions U.S. Lithium Production

Retrieved on: 
Thursday, August 17, 2023

Lithium produced at Hell’s Kitchen will support Stellantis vehicles’ BEV eligibility for consumer incentives under the U.S. Inflation Reduction Act (IRA).

Key Points: 
  • Lithium produced at Hell’s Kitchen will support Stellantis vehicles’ BEV eligibility for consumer incentives under the U.S. Inflation Reduction Act (IRA).
  • This new agreement incorporates the original lithium supply agreement signed by both companies in June 2022 for up to 25,000 metric tons of LHM per year.
  • Stellantis is on track to become a carbon net zero corporation by 2038, all scopes included, with single-digit percentage compensation of remaining emissions.
  • “This substantial investment in CTR by Stellantis marks an outstanding milestone for our company and further solidifies our efforts to support sustainable electric vehicle battery production,” CTR Chief Executive Officer Rod Colwell said.

Grounded Lithium Files Preliminary Economic Assessment Report for the Kindersley Lithium Project - Phase 1

Retrieved on: 
Thursday, August 10, 2023

CALGARY, AB, Aug. 10, 2023 /PRNewswire/ - (TSXV: GRD) (OTCQB: GRDAF) - Grounded Lithium Corp. ("GLC" or the "Company") is pleased to announce the filing of our preliminary economic assessment titled "NI 43-101 Technical Report: Preliminary Economic Assessment Kindersley Lithium Project – Phase 1 " dated August 9, 2023 and effective as of June 30, 2023 (the "PEA"), further to our news release dated July 26, 2023.

Key Points: 
  • CALGARY, AB, Aug. 10, 2023 /PRNewswire/ - (TSXV: GRD) (OTCQB: GRDAF) - Grounded Lithium Corp. ("GLC" or the "Company") is pleased to announce the filing of our preliminary economic assessment titled "NI 43-101 Technical Report: Preliminary Economic Assessment Kindersley Lithium Project – Phase 1 " dated August 9, 2023 and effective as of June 30, 2023 (the "PEA"), further to our news release dated July 26, 2023.
  • The PEA addresses only the first phase of 11,000 tonnes per year of battery-grade lithium hydroxide monohydrate ("LHM") production from the Kindersley Lithium Project ("KLP").
  • A new corporate presentation detailing the PEA results is also available on our website.
  • The PEA is based on the implementation of Koch Technologies Solutions' ("KTS") proprietary lithium extraction technology called Li-ProTM.