Volt Lithium Achieves Significant Operational Milestone With the Scale-Up of Its Field Unit to 96,000 Litres Per Day, Paving the Way for Operations to Commence in Q3 2024
Volt Lithium Achieves Significant Operational Milestone With the Scale-Up of Its Field Unit to 96,000 Litres Per Day, Paving the Way for Operations to Commence in Q3 2024
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Scale-up to 96,000 litres per day representing a 100 times scale-up of Volt's processing capabilities1
- Lithium recoveries of up to 99%2 achieved during scale-up, with inlet brine concentrations as low as 31 mg/L
- Achievement confirms Volt's ability to extract lithium from oilfield brines when the Company commences field operations in Q3 2024
- Volt's proprietary DLE technology has been verified by ALS Canada Ltd, a division of ALS Environmental, an independent third-party and is a global leader for independent testing
- 一天的处理能力提高到了96,000升,相当于Volt的处理能力扩大100倍1
- 在扩建阶段中,取得了高达99%2的锂回收率,进口卤水浓度低至31毫克/升
- 这一成果证实了Volt在2024年第三季度将进入田野作业时从油田卤水中提取锂的能力
- Volt专有的DLE技术已经被独立第三方ALS Canada Ltd的环境分部ALS Environmental认证,该公司是全球独立测试的领军企业
CALGARY, Alberta, July 17, 2024 (GLOBE NEWSWIRE) -- Volt Lithium Corp. (TSXV: VLT | OTCQB: VLTLF) ("Volt" or the "Company") is pleased to announce the achievement of another pivotal milestone on the path to commercializing its proprietary and proven next-generation Direct Lithium Extraction ("DLE") technology for processing oilfield brines. The Company has scaled-up production capacity to 96,0001 litres per day (equivalent to 600 barrels per day ("bbls") and ("bbls/d")) representing a 100 times scale-up in its processing capabilities. Following the strategic investment from its U.S. partner which closed on May 2, 2024, Volt has scaled-up operations at its field simulation centre in Calgary, Alberta (the "Field Simulation Centre") in order to build this first field unit for deployment in Q3 2024.
2024年7月17日,加拿大卡尔加里(Calgary)Globe NewsWire -- Volt Lithium Corp.(TSXV:VLt|OTCQB:VLTLF,以下简称"Volt"或"公司")很高兴地宣布,该公司在其油田卤水处理领域核心技术DLE上迈出了又一个关键性的里程碑。公司将商业化该技术作为自己的下一步发展策略。公司已经将生产能力扩大到了每天96,000升(相当于每天600桶)1,并实现了处理能力100倍的扩充。
"The Permian basin currently produces 19 million barrels of lithium infused brine per day, making it one of the largest potential sources of lithium in the United States," commented Alex Wylie, President & CEO of Volt. "With the scaling-up of our Field Simulation Centre, we have accelerated the Company's trajectory to becoming a significant North American lithium producer."
"Permian盆地目前每天生产出1900万桶注入了锂的卤水,使其成为美国最大的潜在锂来源之一。" Volt的总裁兼首席执行官Alex Wylie说:"随着我们的测试中心在Permian盆地的扩建,我们已经加快了成为北美的一家重要锂制造商的步伐。"
"Volt is on a clear path to become a low-cost commercial producer of battery-grade lithium from oilfield brines in North America," added Dave Kimery, COO of Volt. "The Volt engineering and operational teams continue to scale-up production capacity for our proprietary DLE technology. As demand for high-quality, domestically supplied lithium continues to grow, Volt's latest achievement positions us to help meet North America's expanding demand for this critical mineral, and to do so in a safe, environmentally sustainable and lower-impact manner."
"Volt正在成为一家低成本的北美油田卤水电池级锂生产商,"Volt的COO Dave Kimery表示:"Volt的工程和业务团队继续扩大我们专有的DLE技术的生产能力。随着对高质量国产锂的需求持续增长,Volt的最新成就使我们成为满足北美对这种重要矿物的不断扩大需求的最佳选择,在实现环保可持续发展和降低环境影响方面也有所贡献。"
Volt's Permian Basin Strategy
Volt的Permian盆地战略
Volt has identified the Permian Basin as a key area to commence Company operations. Today, the Permian Basin produces 19 million barrels of lithium infused oilfield brine each day, making it the single largest producer of oilfield brine in North America. The Permian also has the necessary infrastructure in place to allow Volt to commence operations without incurring capital costs to: 1) drill wells; 2) build associated infrastructure to manage water production; 3) create pipeline networks to transport water to a production facility; and 4) manage the overall subsurface reservoir.
Volt已经确定Permian盆地是公司开始运营的关键区域。目前,Permian盆地每天生产出1900万桶注入了锂的油田卤水,使其成为北美单一最大的油田卤水生产商。Permian盆地还有必要的基础设施,使Volt可以在不承担资本成本的情况下开始运营,包括:1)钻井;2)建造相关基础设施来管理水的生产;3)创建输送水到生产设施的管道网络;以及4)管理整个地下沉降。
Volt's strategy of partnering with existing producers is expected to allow the Company to achieve meaningful cash flow and production growth much sooner than if operating independently. Further, operating in the Permian will also allow Volt to commence commercial operations much sooner than would otherwise be the case, with substantially lower costs and no exploration risks.
Volt与现有生产者合作的战略预计将让公司比独立运营更快地实现显著的现金流和产量增长。此外,在Permian盆地运营还将使Volt比预期更快地开始商业化运营,并在不存在勘探风险的情况下以大幅降低成本。
DLE Operational Milestone
DLE运营里程碑
Volt continues to accelerate process improvements realized by the Company's operations team related to its proprietary DLE technology at its Field Simulation Centre. With operations set to commence in Q3 2024, the Company has been focused on building its field unit for deployment and ensuring operational success in the field by simulating Permian Basin production conditions at the Field Simulation Centre.
Volt的运营团队继续加快公司在其测试中心积累的DLE技术的工艺改进速度,以在Permian盆地生产条件下进行模拟操作,构建可部署的田野单元并确保操作成功。
Volt's proprietary DLE technology has been verified by ALS Canada Ltd, a division of ALS Environmental, an independent third-party and a global leader for independent testing. Through the scale-up of Volt's production capacity, the technical standards of achieving 99% lithium extraction have been maintained with key associated operational improvements including:
Volt的专有DLE技术经过了ALS Canada Ltd(.)的环境分部ALS Environmental(即全球独立测试的领军企业)的验证。通过 Volt处理能力的扩大,锂的提取量成功达到99%的技术标准,同时还实现了关键的与运营相关的改进,包括:
1) Volume Scale-Up: Volt successfully scaled-up its system to process over 4,000 litres per run equating to 96,000 litres per day3 (equivalent to 600 bbls/d) representing a 100 times scale-up in processing capacity;
1)体积扩展 :Volt成功地扩大了其系统的处理能力,可处理超过4,000升的油田卤水,相当于每天处理96,000升3(相当于每天600桶/天),处理能力扩大了100倍;
2) Extraction Time Improvements: Volt realized a reduction in lithium extraction time from oilfield brine to 60 minutes from 120 minutes previously, significantly improving operational capability and throughput capacity; and
2)提取时间的改善 :Volt将从油田卤水中提取锂的时间缩短到了60分钟,之前是120分钟,大大提高了操作能力和吞吐量;以及
3) Continuous Processing vs Batch Processing: Volt has designed its Field Unit to operate 24/7 ensuring continuous lithium extraction from oilfield brine rather than extracting in batches.
3)连续处理与批处理 :Volt将其田野设备设计为全天候运行,以确保每天从油田卤水中连续提取锂,而不是进行批处理。
U.S. Field Unit Operations and Future Commercial Operations
美国田野运营和未来的商业运营
Volt's field unit built for deployment in Q3 2024, represents a 1:166 scale to future commercial production. Volt's field unit is modular based and provides the company with the ability to scale-up to process commercial levels of brine through the following methods: (1) add modules to increase processing capacity; (2) reduced lithium extraction time to increase volumes; and (3) larger extraction modules.
Volt的于2024年第三季度部署的田野单元,是未来商业生产的1:166比例。Volt的现场单元是基于模块化的,并为公司提供了通过以下方法扩大桶装盐湖卤水生产量的能力:(1)增加模块以增加处理能力;(2)减少提取锂的时间以增加容量;和(3)更大的提取模块。
Based on the historic detailed modelling completed by the Company's engineering team, the first full-scale commercial modularized unit is estimated to be capable of processing 100,000 bbls/d of brine, which will position Volt as a near-to-market, low-cost and full-scale commercial producer. Upon successful results in the field, Volt anticipates scaling up to full-scale commercial production by the second half of 2025.
根据公司工程团队完成的历史详细建模,第一个全比例商业模块化装置预计能够处理每天100,000桶的沙子,这将使Volt成为近期市场上低成本和全面商业化生产的生产者之一。在田野取得成功的结果之后,Volt预计将在2025年下半年升级到全面商业化生产。
The Company's phased scale-up approach, coupled with extensive testing at its Field Simulation Centre and strategic investment partnership, mitigates project execution risk and accelerates timeline to full-scale commercialization. This plan minimizes capital at risk and allows for validation of Volt's proprietary DLE technology prior to full-scale commercialization.
公司的分阶段扩大运营的方法,加上在现场测试和实施战略投资的成果,使项目的执行风险降至最低,并加快了实现全面商业化的时间表。这一计划最大程度地降低了资本风险,也允许大规模商业生产之前验证Volt的专有DLE技术。
Permian Basin Brine Production
Permian盆地卤水产量
The brine production from the Permian Basin today is approximately 19 million bbls/d. Assuming average economics from lithium extraction, sensitivities are as follows at potential production levels and lithium concentrations 4,5:
今天Permian盆地的卤水产量约为1900万桶/天。假设从锂矿提取的平均经济效益,以下是在潜在生产能力和锂浓度4,5下的敏感性:
Brine Production per day (bbls) |
Lithium Produced per annum (tonnes) (31 mg/L) |
Operating Cash Flow6 per annum (31 mg/L) ($US) |
Lithium Production per annum (tonnes) (55 mg/L) |
Operating Cash Flow6 per annum (55 mg/L) ($US) |
||
100,000 | 970 | $16,750,000 | 1,720 | $29,700,000 | ||
500,000 | 4,850 | $83,750,000 | 8,600 | $148,600,000 | ||
1,000,000 | 9,700 | $167,500,000 | 17,200 | $297,200,000 | ||
2,000,000 | 19,400 | $335,000,000 | 34,400 | $594,350,000 |
卤水产量 每天(桶) |
锂矿 每年生产量(吨) (55毫克/升) 每年运营现金流6 |
(55毫克/升)(美元) 1675万美元 (55毫克/升)每年运营现金流6 |
锂矿 每年生产量(吨) (55毫克/升) 每年运营现金流6 |
(55毫克/升)(美元) 1675万美元 2970万美元 |
||
100,000 | 970 | 16,750,000美元 | 1,720 | 29,700,000美元 | ||
500,000 | 4,850 | $83,750,000 | 8,600 | $148,600,000 | ||
1,000,000 | 9,700 | $167,500,000 | 17,200 | $297,200,000 | ||
2,000,000 | 19,400 | $335,000,000 | 34,400 | $594,350,000 |
Qualified Person's Statement
有资质的人声明
Scientific and technical information contained in this press release has been reviewed and approved by Meghan Klein, P.Eng of Sproule Associates Limited, whom is a qualified person within the meaning of National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101"). Ms. Klein consents to the inclusion of the data in the form and context in which it appears.
本新闻稿中包含的科学技术信息已由Sproule Associates Limited的Meghan Klein P.Eng审核并获得批准,她是根据国家44-103号-矿产项目披露标准(“NI 43-101”)的含义,具有资质的人员。Klein女士同意以形式和上下文的形式包含数据。
About Volt
关于Volt Volt是一家锂开发和技术公司,旨在成为北美第一家从油田卤水中生产氢氧化锂和碳酸锂的商业生产厂商。我们的策略是利用管理人员的碳氢化合物经验和现有基础设施来提取现有井中的锂储备,从而降低资本成本,降低风险并支持世界清洁能源转型。 Volt拥有专有的直接锂萃取(DLE)技术和过程,可生产商业级锂,实现最高锂回收率和最低成本。我们致力于在业务的所有领域高效且透明地运作,并着眼于创造长期的、可持续的股东价值。投资者或其他有兴趣的人可以在公司的网站上注册关于公司持续进展的更新:
Volt is a lithium development and technology company aiming to be North America's first commercial producer of lithium hydroxide and lithium carbonates from oilfield brine. Our strategy is to generate value for shareholders by leveraging management's hydrocarbon experience and existing infrastructure to extract lithium deposits from existing wells, thereby reducing capital costs, lowering risks and supporting the world's clean energy transition. With four differentiating pillars, and a proprietary Direct Lithium Extraction ("DLE") technology and process, Volt's innovative approach to development is focused on allowing the highest lithium recoveries with lowest costs, positioning us well for future commercialization. We are committed to operating efficiently and with transparency across all areas of the business staying sharply focused on creating long-term, sustainable shareholder value. Investors and/or other interested parties may sign up for updates about the Company's continued progress on its website:
Volt是一家锂矿开采和技术公司,旨在成为北美首家从油田卤水中生产氢氧化锂和碳酸锂的商业性生产商。我们的策略是通过利用管理层的烃类经验和现有基础设施从现有的井中提取锂矿床,以降低资本成本、降低风险和支持世界清洁能源转型,为股东创造价值。Volt的创新开发方法聚焦于四个不同的支柱,以及专有的直接提取锂(“DLE”)技术和工艺,致力于实现最高的锂回收率和最低的成本,为未来的商业化打下良好的基础。我们致力于在业务的所有领域高效透明地运营,始终专注于创造长期可持续的股东价值。投资者和/或其他有兴趣的方可以在公司网站上注册以了解有关公司持续进展的更新:
Contact Information
联系信息
For Investor Relations inquiries or further information, please contact:
欲了解投资者关系或更多信息,请联系:
Alex Wylie, President & CEO
T: +1.403.830.5811
E: info@voltlithium.com
Alex Wylie,总裁兼首席执行官
T:+1.403.830.5811
电子邮箱: info@voltlithium.com
Or
或者
Greg Foofat, Vice President, Investor Relations
T: +1.587.888.5213
E: info@voltlithium.com
Greg Foofat,副总裁,投资者关系
T:+1.587.888.5213
电子邮箱: info@voltlithium.com
Forward Looking Statements
前瞻性声明
This news release includes certain "forward-looking statements" and "forward-looking information" within the meaning of applicable Canadian securities laws. When used in this news release, the words "anticipate", "believe", "estimate", "expect", "target", "plan", "forecast", "may", "will", "would", "could", "schedule" and similar words or expressions, identify forward-looking statements or information. Statements, other than statements of historical fact, may constitute forward-looking information and include, without limitation, information with respect to the terms of the operational milestone, Volume Scale-up. Extraction Time Improvements and Continuous Processing vs Batch Processing, the deployment of the Field Unit in the Permian Basin, the production of battery grade lithium by the Field Unit, and the commercial production of lithium from oilfield brine. With respect to the forward-looking information contained in this press release, the Company has made numerous assumptions. While the Company considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies and may prove to be incorrect. Additionally, there are known and unknown risk factors which could cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein including those known risk factors outlined in the Company's annual information form dated February 29, 2024 and (final) short form base shelf prospectus dated July 20, 2023. All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.
本新闻稿包括某些“前瞻性声明”和“前瞻性信息”,其适用于适用的加拿大证券法律法规。当在本新闻稿中使用“预计”、“相信”、“估计”、“期望”、“目标”、“计划”、“预测”、“可能”、“将”、“愿意”、“可能”、“计划”、“种类”等词语或表达式时,将确定前瞻性声明或信息。而非历史事实陈述,可能构成前瞻性信息,并包括有关经营里程碑,成交量规模,营业收入规模,开采时间改进以及连续处理与批处理之间的条款,部署Permian盆地的现场单位,现场单位的电池级锂生产,以及从油田卤水中商业性生产锂的信息。关于本新闻稿中包含的前瞻性信息,公司已作出许多假设。虽然公司认为这些假设是合理的,但这些假设本质上面临着重大的不确定性和事态发展,并可能被证明是不正确的。此外,存在已知和未知的风险因素,可能导致公司的实际结果、表现或业绩与此处所包含的前瞻性信息的任何未来结果、表现或业绩实际结果、表现或表现将被告知或暗示的结果大为不同,包括那些在该公司的年度信息表和(最终)短期基础架构备忘录于2024年2月29日及2023年7月20日发行的已知风险因素概述。此处的所有前瞻性信息均已按照其全部受到本警告声明的限制,并且公司不承担任何修订或更新此类前瞻性信息或公开宣布任何此类前瞻性信息的结果的义务,以反映未来的结果、事件或发展,除非法律要求。
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
TSX Venture Exchange或其监管服务提供者(如TSX Venture Exchange政策所定义的那样)不接受对此新闻稿的充分性或准确性的责任。
1 The figures presented assume continuous production with no downtime for equipment maintenance or failure.
2 The equipment detection limit for lithium is 2 parts per million. Results below this limit are assumed to represent 99% recovery.
3 The figures presented assume continuous production with no downtime for equipment maintenance or failure.
4 Assumes pricing of US$20,000/tonne lithium hydroxide monohydrate and a 2-hour cycle time
5 Based upon Volt's preliminary estimates processing brine at lithium concentrations similar to the Permian Basin
6 Operating cash flow is calculated as revenue less operating costs and does not include taxes or royalties.
1 提出的数字假定连续生产,无设备维护或故障停机。
2 锂的设备检测限制为每百万2个部分。假设低于此限制的结果占99%的恢复率。
3 提出的数字假定连续生产,无设备维护或故障停机。
4 假设锂氢氧化物一水合物的定价为20,000美元/吨,循环时间为2小时。
5 基于Volt的初步估计,处理锂浓度类似于Permian盆地的卤水量。
6 经营现金流为营业收入减去经营成本,不包括税收或其他费用。