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The latest update is out from Volt Lithium ( (TSE:VLT) ).
Volt Lithium has entered into a field development agreement with Wellspring Hydro, supported by a US$2 million grant from the State of North Dakota, to advance its direct lithium extraction technology. This initiative aims to enhance the U.S. critical minerals supply chain by utilizing existing oilfield infrastructure, accelerating the commercialization of locally sourced lithium, and promoting energy independence.
More about Volt Lithium
Volt Lithium is a lithium development and technology company focused on becoming one of North America’s first commercial producers of lithium carbonates from oilfield brine. The company aims to leverage its management’s hydrocarbon experience and existing infrastructure to extract lithium deposits from existing wells, thereby reducing capital costs and supporting the clean energy transition.
YTD Price Performance: 4.33%
Average Trading Volume: 196,160
Technical Sentiment Signal: Hold
Current Market Cap: $35.84M
For a thorough assessment of VLT stock, go to TipRanks’ Stock Analysis page.