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The latest announcement is out from Volt Lithium ( (TSE:VLT) ).
Volt Lithium Corp. has announced significant progress in its U.S. operations, specifically in Texas, where its Generation 5 Field Unit is set to begin operations by late January 2025. This modular unit, which can process up to 10,000 barrels per day, marks a key milestone in Volt’s transition to commercial production, enhancing the company’s capacity to produce and stockpile lithium for future sales, and positioning it for substantial growth in 2025.
More about Volt Lithium
Volt Lithium Corp. operates in the technology sector, focusing on the development and commercialization of Direct Lithium Extraction (DLE) technology for processing oilfield brines. The company targets the lithium industry, particularly in the U.S., with operations centered around scalable lithium production facilities.
YTD Price Performance: 2.86%
Average Trading Volume: 201,505
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $30.86M
Learn more about VLT stock on TipRanks’ Stock Analysis page.