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Volt Lithium ( (TSE:VLT) ) just unveiled an announcement.
Volt Lithium Corp. announced the successful 24-hour operation of its Generation 5 Field Unit in the Permian Basin, Texas, processing 11,573 barrels and surpassing the 10,000 barrels per day milestone. This achievement demonstrates Volt’s rapid commercialization capabilities and positions it well for future growth, as it continues to test and optimize the system to reach peak throughput capacity. By sourcing equipment domestically, Volt remains unaffected by potential new tariffs on Canadian imports, reinforcing its position as a cost-effective domestic operator in the industry.
More about Volt Lithium
Volt Lithium Corp. operates within the oilfield brine lithium sector, focusing on Direct Lithium Extraction (DLE) technology. The company is committed to providing a reliable U.S.-based lithium supply, leveraging its strategic location and partnerships to avoid potential tariffs and maintain low operational costs.
YTD Price Performance: -1.90%
Average Trading Volume: 168,732
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $35.11M
See more insights into VLT stock on TipRanks’ Stock Analysis page.