Aldo Boitano CEO of Cleantech Lithium: Direct Lithium Extraction Process Work Commences

Episode 960,   Oct 14, 2022, 07:18 AM

Aldo Boitano CEO of Cleantech Lithium #CTL discusses how the bulk samples of brine collected from the sub-surface aquifers of Laguna Verde and Francisco Basin have been dispatched to SunResin's facilities in China where direct lithium extraction processing work will commence.

Highlights

· Bulk samples of brine collected from the sub-surface aquifers of Laguna Verde and Francisco Basin have been dispatched to SunResin´s facilities in China

· SunResin will undertake DLE trials on the brine, as per the Memorandum of Understanding ("MOU") executed in August 2022 between the two companies

· Trials will provide key data on DLE parameters that will inform feasibility studies

· Previous trials on surface brines from both projects produced positive results

· The Company ordered a small scale DLE demonstration unit ("demo unit") from SunResin which was dispatched from its European subsidiary and will arrive in Chile in approximately two weeks

· The Company received from SunResin a highly attractive proposal for the DLE unit for a pilot plant which intends to produce 1 tonne per month of battery grade lithium carbonate and lithium hydroxide, targeted to commence in 1H2023

· The pilot plant is intended to replicate commercial scale production and importantly provide sufficient volumes of product for testing by potential customers (major lithium-ion battery producers and auto-makers)


To read the full RNS please click here