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
- 一天的處理能力提高到了96,000升,相當於Volt的處理能力擴大100倍1
- 在擴建階段中,取得了高達99%2的鋰回收率,進口滷水濃度低至31毫克/升
- 這一成果證實了Volt在2024年第三季度將進入田野作業時從油田滷水中提取鋰的能力
- Volt專有的DLE技術已經被獨立第三方ALS Canada Ltd的環境分部ALS Environmental認證,該公司是全球獨立測試的領軍企業
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,加拿大卡爾加里(Calgary)Globe NewsWire -- Volt Lithium Corp.(TSXV:VLt|OTCQB:VLTLF,以下簡稱"Volt"或"公司")很高興地宣佈,該公司在其油田滷水處理領域核心技術DLE上邁出了又一個關鍵性的里程碑。公司將商業化該技術作爲自己的下一步發展策略。公司已經將生產能力擴大到了每天96,000升(相當於每天600桶)1,並實現了處理能力100倍的擴充。
"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盆地目前每天生產出1900萬桶注入了鋰的滷水,使其成爲美國最大的潛在鋰來源之一。" Volt的總裁兼首席執行官Alex Wylie說:"隨着我們的測試中心在Permian盆地的擴建,我們已經加快了成爲北美的一家重要鋰製造商的步伐。"
"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正在成爲一家低成本的北美油田滷水電池級鋰生產商,"Volt的COO Dave Kimery表示:"Volt的工程和業務團隊繼續擴大我們專有的DLE技術的生產能力。隨着對高質量國產鋰的需求持續增長,Volt的最新成就使我們成爲滿足北美對這種重要礦物的不斷擴大需求的最佳選擇,在實現環保可持續發展和降低環境影響方面也有所貢獻。"
Volt's Permian Basin Strategy
Volt的Permian盆地戰略
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已經確定Permian盆地是公司開始運營的關鍵區域。目前,Permian盆地每天生產出1900萬桶注入了鋰的油田滷水,使其成爲北美單一最大的油田滷水生產商。Permian盆地還有必要的基礎設施,使Volt可以在不承擔資本成本的情況下開始運營,包括:1)鑽井;2)建造相關基礎設施來管理水的生產;3)創建輸送水到生產設施的管道網絡;以及4)管理整個地下沉降。
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與現有生產者合作的戰略預計將讓公司比獨立運營更快地實現顯著的現金流和產量增長。此外,在Permian盆地運營還將使Volt比預期更快地開始商業化運營,並在不存在勘探風險的情況下以大幅降低成本。
DLE Operational Milestone
DLE運營里程碑
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的運營團隊繼續加快公司在其測試中心積累的DLE技術的工藝改進速度,以在Permian盆地生產條件下進行模擬操作,構建可部署的田野單元並確保操作成功。
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的專有DLE技術經過了ALS Canada Ltd(.)的環境分部ALS Environmental(即全球獨立測試的領軍企業)的驗證。通過 Volt處理能力的擴大,鋰的提取量成功達到99%的技術標準,同時還實現了關鍵的與運營相關的改進,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)體積擴展 :Volt成功地擴大了其系統的處理能力,可處理超過4,000升的油田滷水,相當於每天處理96,000升3(相當於每天600桶/天),處理能力擴大了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)提取時間的改善 :Volt將從油田滷水中提取鋰的時間縮短到了60分鐘,之前是120分鐘,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)連續處理與批處理 :Volt將其田野設備設計爲全天候運行,以確保每天從油田滷水中連續提取鋰,而不是進行批處理。
U.S. Field Unit Operations and Future Commercial Operations
美國田野運營和未來的商業運營
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的於2024年第三季度部署的田野單元,是未來商業生產的1:166比例。Volt的現場單元是基於模塊化的,併爲公司提供了通過以下方法擴大桶裝鹽湖滷水生產量的能力:(1)增加模塊以增加處理能力;(2)減少提取鋰的時間以增加容量;和(3)更大的提取模塊。
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.
根據公司工程團隊完成的歷史詳細建模,第一個全比例商業模塊化裝置預計能夠處理每天100,000桶的沙子,這將使Volt成爲近期市場上低成本和全面商業化生產的生產者之一。在田野取得成功的結果之後,Volt預計將在2025年下半年升級到全面商業化生產。
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.
公司的分階段擴大運營的方法,加上在現場測試和實施戰略投資的成果,使項目的執行風險降至最低,並加快了實現全面商業化的時間表。這一計劃最大程度地降低了資本風險,也允許大規模商業生產之前驗證Volt的專有DLE技術。
Permian Basin Brine Production
Permian盆地滷水產量
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盆地的滷水產量約爲1900萬桶/天。假設從鋰礦提取的平均經濟效益,以下是在潛在生產能力和鋰濃度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 |
滷水產量 每天(桶) |
鋰礦 每年生產量(噸) (55毫克/升) 每年運營現金流6 |
(55毫克/升)(美元) 1675萬美元 (55毫克/升)每年運營現金流6 |
鋰礦 每年生產量(噸) (55毫克/升) 每年運營現金流6 |
(55毫克/升)(美元) 1675萬美元 2970萬美元 |
||
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
有資質的人聲明
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.
本新聞稿中包含的科學技術信息已由Sproule Associates Limited的Meghan Klein P.Eng審核並獲得批准,她是根據國家44-103號-礦產項目披露標準(“NI 43-101”)的含義,具有資質的人員。Klein女士同意以形式和上下文的形式包含數據。
About Volt
關於Volt Volt是一家鋰開發和技術公司,旨在成爲北美第一家從油田滷水中生產氫氧化鋰和碳酸鋰的商業生產廠商。我們的策略是利用管理人員的碳氫化合物經驗和現有基礎設施來提取現有井中的鋰儲備,從而降低資本成本,降低風險並支持世界清潔能源轉型。 Volt擁有專有的直接鋰萃取(DLE)技術和過程,可生產商業級鋰,實現最高鋰回收率和最低成本。我們致力於在業務的所有領域高效且透明地運作,並着眼於創造長期的、可持續的股東價值。投資者或其他有興趣的人可以在公司的網站上註冊關於公司持續進展的更新:
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是一家鋰礦開採和技術公司,旨在成爲北美首家從油田滷水中生產氫氧化鋰和碳酸鋰的商業性生產商。我們的策略是通過利用管理層的烴類經驗和現有基礎設施從現有的井中提取鋰礦牀,以降低資本成本、降低風險和支持世界清潔能源轉型,爲股東創造價值。Volt的創新開發方法聚焦於四個不同的支柱,以及專有的直接提取鋰(“DLE”)技術和工藝,致力於實現最高的鋰回收率和最低的成本,爲未來的商業化打下良好的基礎。我們致力於在業務的所有領域高效透明地運營,始終專注於創造長期可持續的股東價值。投資者和/或其他有興趣的方可以在公司網站上註冊以了解有關公司持續進展的更新:
Contact Information
聯繫信息
For Investor Relations inquiries or further information, please contact:
欲了解投資者關係或更多信息,請聯繫:
Alex Wylie, President & CEO
T: +1.403.830.5811
E: info@voltlithium.com
Alex Wylie,總裁兼首席執行官
T:+1.403.830.5811
電子郵箱: info@voltlithium.com
Or
或者
Greg Foofat, Vice President, Investor Relations
T: +1.587.888.5213
E: info@voltlithium.com
Greg Foofat,副總裁,投資者關係
T:+1.587.888.5213
電子郵箱: info@voltlithium.com
Forward Looking Statements
前瞻性聲明
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.
本新聞稿包括某些“前瞻性聲明”和“前瞻性信息”,其適用於適用的加拿大證券法律法規。當在本新聞稿中使用“預計”、“相信”、“估計”、“期望”、“目標”、“計劃”、“預測”、“可能”、“將”、“願意”、“可能”、“計劃”、“種類”等詞語或表達式時,將確定前瞻性聲明或信息。而非歷史事實陳述,可能構成前瞻性信息,幷包括有關經營里程碑,成交量規模,營業收入規模,開採時間改進以及連續處理與批處理之間的條款,部署Permian盆地的現場單位,現場單位的電池級鋰生產,以及從油田滷水中商業性生產鋰的信息。關於本新聞稿中包含的前瞻性信息,公司已作出許多假設。雖然公司認爲這些假設是合理的,但這些假設本質上面臨着重大的不確定性和事態發展,並可能被證明是不正確的。此外,存在已知和未知的風險因素,可能導致公司的實際結果、表現或業績與此處所包含的前瞻性信息的任何未來結果、表現或業績實際結果、表現或表現將被告知或暗示的結果大爲不同,包括那些在該公司的年度信息表和(最終)短期基礎架構備忘錄於2024年2月29日及2023年7月20日發行的已知風險因素概述。此處的所有前瞻性信息均已按照其全部受到本警告聲明的限制,並且公司不承擔任何修訂或更新此類前瞻性信息或公開宣佈任何此類前瞻性信息的結果的義務,以反映未來的結果、事件或發展,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或其監管服務提供者(如TSX Venture Exchange政策所定義的那樣)不接受對此新聞稿的充分性或準確性的責任。
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 提出的數字假定連續生產,無設備維護或故障停機。
2 鋰的設備檢測限制爲每百萬2個部分。假設低於此限制的結果佔99%的恢復率。
3 提出的數字假定連續生產,無設備維護或故障停機。
4 假設鋰氫氧化物一水合物的定價爲20,000美元/噸,循環時間爲2小時。
5 基於Volt的初步估計,處理鋰濃度類似於Permian盆地的滷水量。
6 經營現金流爲營業收入減去經營成本,不包括稅收或其他費用。