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Volt Lithium ( (TSE:VLT) ) has issued an update.
Volt Lithium Corp. announced the successful operation of its Generation 5 Field Unit in the Permian Basin, achieving up to 99% lithium recovery. This milestone, confirmed through extensive testing, sets the stage for future automation aimed at increasing efficiency and reducing costs. The company has also started stockpiling lithium to meet anticipated commercial demand, positioning itself strategically for future market engagement.
More about Volt Lithium
Volt Lithium Corp. operates in the energy sector, focusing on lithium extraction and production. The company is engaged in developing advanced lithium extraction technologies and is actively working in the Permian Basin, Texas, to enhance its market presence.
YTD Price Performance: 13.81%
Average Trading Volume: 204,960
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $40.72M
See more insights into VLT stock on TipRanks’ Stock Analysis page.