Grounded Lithium Corp. (GLC) has announced that it has selected Koch Technology Solutions (KTS) as the technology provider for its Kindersley Lithium Project. Based on positive lab results, KTS’s proprietary Li-Proâ„¢ technology was chosen for implementation in a field pilot testing program, expected to last several months, to determine more extensive extraction results over the long-term. The initial lab results showed an observed lithium extraction recovery rate of 98% and equally positive findings that the technology effectively rejected other key ions found in Kindersley lithium deposits with observed rejection factors of 99%. Once the field pilot testing has been completed, KTS will assist in the preparation of a detailed feasibility-level engineering solution using the Li-Proâ„¢ technology in a full-scale central processing facility to evaluate overall project commerciality.Â
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Related Facts
• The technology provided by KTS is part of its growing portfolio of technologies.
• KTS combines its exclusive technologies, expertise and capabilities with those of other Koch Engineered Solutions companies to provide solutions for its customers.
• The multi-faceted business model of GLC involves the consolidation, delineation, exploitation and ultimately development of its opportunity base.
Key Takeaway
• After obtaining positive lab results, GLC has taken a significant step towards its goal of becoming a leading Canadian commercial producer of battery-grade lithium.
• The selection of KTS will provide the key data for use in GLC’s preliminary economic assessment scheduled for completion by the end of Q2 2023, while its 98% lithium extraction recovery rate increases the possibility of producing a dense lithium chloride solution ready for final refining into a battery-grade lithium product.
Conclusion
GLC’s selection of KTS technology represents a pivotal step towards producing a dense lithium chloride solution ready for the final refining into a battery-grade lithium product. GLC’s business model will involve consolidating, delineating, exploiting, and ultimately developing its opportunity base while remaining environmentally responsible. This approach aligns well with the global energy transition shift towards environmentally responsible methods of lithium extraction and production.